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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’s Health Canada Licensed Facility located in the greater Toronto area operates the application (APP) Technology and produces naturally water-soluble cannabis solution (Infuz2O) and cannabis plant oils infused into bio-natural oil (BNO), each delivering the whole 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. It has the licensee of Infusion Biosciences’ APP Technology in Canada, Europe, United Kingdom, Jamaica, Israel, and Australia. BNO is a cannabinoid oils that retain strain-specific attributes, such as euphoria in gorilla glue strains, and relaxation in blueberry strains.


CSE:SPR - Post by User

Bullboard Posts
Comment by SUMKNDV1DERFLon Dec 06, 2019 1:13pm
55 Views
Post# 30429596

RE:RE:RE:RE:RE:RE:The Advantages and Disadvantages of Waiting

RE:RE:RE:RE:RE:RE:The Advantages and Disadvantages of Waiting
JuiceLee wrote:
SUMKNDV1DERFL wrote: Yes, it is just a theory. However, it makes sense in regard to plausibility.  If the JV were to be completed and activated and MH felt they did not get the full use of 5 year exclusivity, SPR would have no obligation to accommodate MH with more time.  Also, if SPR decides to grant more exclusivity window, that chapter would require legal amendments and or additions from both parties which would cost more money, time and resources.  SPR and MH are not old buddies shaking hands after a cup of coffee.  This is legally binding big business with much liability and no margin for errors.  There is much strategy at play to get this right the first time.  Strategy of which we may never be privy to or understand.  My theory is nothing more than my best speculation, but a strategic delay of completion is a valid possibility



If Sproutly and MH have a relationship for 5 years where MH says "hey can we change the start date of our 5 year agreement for the delay?" and Sproutly says no... we are in bigger trouble than you think (I understand this would be a time consuming process), also if Sproutly and MH cant figure out how to specify the agreement by saying something like " the 5 year agreement for MH to have exclusively to APP tech will start on the first day product is on the shelves, again we are in big trouble. I actually just thought of all of this in the last 10 minutes and they have had months to work on this. It has to be more complext than that. 


Just to clearify, I never stated that “I think we are in trouble”. Perhaps your sentiments, but mine are quite positive.  I believe SPR is in a good position. Not the best position as they would be producing and selling their entire portfolio.  

Also, why conclude a legal contract if it is not complete and may require amending especially in the very near future. This is not good business practice in my experience.  Sure there could be a clause to commence the activation period on a specific date or milestone( I say milestone because the JV is a long awaited achievement ). However, again this may not take into account unforeseen circumstances.  Therefore, that scenario could be quite an expensive guessing game.  A game SPR can not afford to play. 

No shot or anything,  but perhaps you should take more than ten minutes to think your theory through. Again, no shot to you but rather a compliment to SPR for taking the necessary time to get this right the first time around.  There are many theories to this delay, I still believe a strategic delay for what ever reason is at play here. We all want the same and could speculate for the next six months, GTLA. 
Bullboard Posts