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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 26, 2020 7:05pm
112 Views
Post# 30955672

RE:Why Hasn't Moosehead Backed Out

RE:Why Hasn't Moosehead Backed Out
ExHexoFanQuebec wrote: I'm sure they did their homework on Sproutly and the APP technology so for me everything is still legit I think most people on this board have good arguments but ultimately it's a question of patience in the end we will all find out how the story ends it's called roll the dice investing is just another name for gambling


No one knows because management sucks with communication. By looking across the industry and seeing how restrictive regs are, I think MH took their foot off the pedal and are just waiting to see how things play out in the Bev space before deciding on jumping in. I think that's what triggered SPR to back out of exclusivity (more speculation because again, Management sucks at communicating). A recent example of another existing beer company halting their cannabis Bev product launch here: https://www.newswire.ca/news-releases/waterloo-brewing-suspends-development-plans-for-cannabis-infused-beverages-818815526.html
Bullboard Posts