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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 HawkIIon Jan 22, 2020 11:11am
62 Views
Post# 30583103

RE:RE:RE:Unintended vs. Purposeful delaying

RE:RE:RE:Unintended vs. Purposeful delaying
BarstoolSage wrote: Financing is a red herring Hawk. Read the NR closely and you'll see MH is the bank on this while SPR contributes IP & related expertise

HawkII wrote: I'd delay too if I were MH. Unfortunately SPR has yet to close on a whole bunch of items.  Why would they finalize a JV when their partner doesn;t have solid financial footing and so many outstanding issues.  Better to wait it out, see if SPR can raise money and then finalize something.  As Ive said before, MH in driver's seat. 


Disagree. I've read the release. As in any JV, both parties need capital to maintain stake. So far SPR hasn;t shown that but I could be wrong in less than 2 weeks. In the meantime, the bank (MH) wins.
Bullboard Posts