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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 30, 2020 7:51am
74 Views
Post# 30618594

RE:RE:RE:Financials are out

RE:RE:RE:Financials are outNo conference call. So predictable keeping everyone in the dark. Called it on January 15th.

SUMKNDV1DERFL wrote:
munchtrade wrote: Immediate first reaction without going through it in detail is the high selling price per gram and the cost per gram. Like you said I hope that's based on a realistic selling price but I'm not convinced. Did they lose some plants or something because that cost is really high. Pleasantly surprised at the revenue figure - assume this is all wholesale as they didn't start selling to provinces until q4. Really disappointed that they are not having a call, especially because everyone wants an update on the JV. Let's see if they are as committed to shareholders as they say they are in their PR when I send them an email this week.


I wasn’t expecting much figure wise and anticipated slim revenues with late sales.  I was more interested in expenditures and sustainability moving forward. It appears the lack of response to share holders may have been attributed to the reduction of admin expenditures. I admire the restructuring initiatives of the management team. Hawk this should satisfy your concerns of the over paid management staff as per one of your previous posts. 

It is quite clear that they are at full throttle and firing on all cylinders moving forward.  There is a clear and obtainable objective in sight and this team is poised and well positioned to succeed. 2020 will no doubt be the start of the wild ride we have all been waiting for and the lead to many successful endeavours. MH this year and many more to follow!  Disappointed there will be no conference call, as I was looking forward to some long awaited answers. I was also looking forward to Hawk’s interrogation. GLTA!


Bullboard Posts