Roger Dent bullish on Sproutly...This from a recent update from Roger Dent and investment and merchant banking firm Quinsam:
While we have exited a number of cannabis investments, we continue to be strong believers in the cannabis sector overall. Accordingly, we have redeployed sale proceeds into a number of new investments where we saw good investment value. Recent investments include the following: Sproutly Canada, Inc. was already a major holding for us. We are adding $250,000 of units and $250,000 of convertible debentures in its current raise.
“While corrections are never enjoyable, we think that a correction was probably necessary. In our opinion this has created a better go-forward investing environment” said Roger Dent.