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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 munchtradeon Apr 25, 2020 8:16pm
129 Views
Post# 30953899

RE:Same story....

RE:Same story....Nice rundown Blizz, that's pretty much the picture leading up to today. SUM I agree the option shenanigans earlier are probably tied into this too, and we now are aware of why the stock was trading the way it was over the past several weeks.

Man - that dilution is a real kick in the pants. This transaction and the options grant last month bring our fully diluted share count to almost 349M, a 26% increase in the share capital of the company in 2 transactions. It's possible that some of the other warrants/options expire out OTM, but can't count on that given our friends at SPR might be feeling generous again and reprice those too.

Hope springs eternal on this board, and I want to believe too. Who knows, maybe this is the last loading onto the rocket ship and we finally see traction. But man I can't count how many times I've heard and believed this over the past 18 months. As always, GLTA


Bullboard Posts