Australis Capital Inc. (CSE: AUSA) ( OTC: AUSAF) has released a “powerful” cannabis oil said to help people suffering from pain and post-traumatic stress disorder.
On Monday, the multistate cannabis operator said in a statement that its Mr. Natural brand Full Spectrum Hash RSO is now available at the Jardin, Vegas Tree House and Exhale private pot shops in Las Vegas.
Rick Simpson Oil (RSO) is a topical or edible extract containing over 90-per-cent THC named after its creator Rick Simpson. The oil has been recognized as having anti-cancer and other medical properties but no such claims have been clinically verified.
Australis says its medicinal oil is rich in many terpenes as well as THC, CBD and CBN that contain therapeutic benefits for people who suffer from pain, cancer, chronic illness and PTSD.
Company stock was down 6.5 per cent on Tuesday to $0.075 on the Canadian Securities Exchange.
The Mr. Natural brand was developed 50 years ago by U.S. Vietnam Veteran Bob “Natural” Luciano after he discovered that cannabis helped veterans who were suffering from PTSD.
The brand was founded on the principles of positivity and healing, Luciano explained.
“Our Full Spectrum Hash RSO is made with cannabis that is grown in premium soil, rich in terpenes and cannabinoids, and cured to perfection,” he said.
“We have dedicated our lives to cultivation, which lets us offer a final product that is exceptional.”
Luciano cultivates strains specifically for treating PTSD, chronic illness and pain. He has worked with the U.S. Veterans Administration since 1972 to educate people on cannabis and its effect on PTSD. During an interview on a cannabis radio show, Luciano revealed that “All the Veteran’s Administration wants to do when you come back from war is to give you some type of drug.”
CEO Terry Booth said Luciano has dedicated his life to being an advocate for the medical use of cannabis for veterans.
“And we are honoured to help further his efforts by bringing Mr. Natural Full Spectrum Hash RSO to patients in Nevada,” Booth said.
Some industry veterans argue that using the name RSO is just a money-making technique taking advantage of people that don’t know about cannabis. They also say the thickness and strong taste of the oil are not necessary to achieve a high concentration of THC.
