Australis Capital Inc. (CSE: AUSA) (OTC PINK: AUSAF) recently announced it has formally completed its submission to the New Jersey Cannabis Regulatory Commission (NJCRC) to convert its conditional licenses to Annual Adult Usage Cultivation and Manufacturing licenses.

According to a press release, once received, the annual licenses allow Australis Capital Inc. (AUDACIOUS) to grow, manufacture, sell, purchase and distribute recreational marijuana from its Millville facility in New Jersey.

The process of obtaining the New Jersey license is complex and requires the submission of significant detailed information, reads a press release.

Leah Bailey, chief business development officer, said it happened in steps. "This was a graduated process with many steps that we have successfully navigated and completed. The …

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