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Sproutly Canada Inc. C.SPR

Alternate Symbol(s):  SRUTF

Sproutly Canada, Inc. is a Canada-based company that is a supplier of all-natural water-soluble and oil ingredients for cannabis products for the beverage and consumables market. The Company intends to identify and evaluate potential business opportunities in the medicinal and recreational cannabis industry. The Company's Health Canada Licensed Facility is located in the greater Toronto area that operates the application (APP) technology and produces naturally water-soluble cannabis solution (Infuz2O) and cannabis plant oils infused into natural oils (BNO), each delivering the plant spectrum of natural bioactive molecules. Infuz2O is a natural water-soluble cannabis solution that can be stably formulated into traditional beverages without the use of artificial chemicals and/or physical means to keep the cannabinoids blended in the water base. BNO is a cannabinoid oil molecule directly infused into one of many natural oils that are used in edible products or for skin application.


CSE:SPR - Post by User

Bullboard Posts
Comment by EarlyRiseron Apr 27, 2020 5:07pm
139 Views
Post# 30959503

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:5 Million plus shares traded today ?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:5 Million plus shares traded today ?

That's what I was thinking as well.
I mean, we did get this JUST a month ago ......

"Throughout all the changes in the Canadian cannabis landscape, our technology value proposition remains intact and the APP Technology is completed, poised, and ready for applications in high value consumer products segments such as oils, edibles, and beverages. Moosehead continues to be a key part of our story. The tremendous amount of work that Sproutly and Moosehead have completed to date gives us a great deal of confidence that our collaborative beverage products will be unmatched and stand alone in the beverage category,” Dolo added."


ChuckFoo wrote:

EarlyRiser wrote:

I meant given the circumstances, what was that 1M for ? 

Why would "an insider" risk his million dollars if things weren't significantly progressing  ?

 

ChuckFoo wrote:

 

EarlyRiser wrote: And where does the 1M dollar loan from IB fit in here ?


What about it?  It hasn't changed.

 


That's why I'm thinking there's either another round of financing coming or they're trying to get rid of MMCAP's involvement altogether.  



Bullboard Posts