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Sproutly Canada Inc C.SPR

Alternate Symbol(s):  SRUTF

Healthcare Cannabis
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

Sproutly Canada Inc
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Post by Zookieon Apr 30, 2020 9:40am
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Post# 30970594

Sproutly mentioned in other Co's report

Sproutly mentioned in other Co's reporthttps://finance.yahoo.com/news/quinsam-reports-q4-2019-results-130300066.html



"Our strategy of investing to a material degree in convertible debentures is proving to be fortunate. The declines in value in our convertible debentures have been less severe than would have been the case had we invested in common shares. Also, we are beginning to see value enhancements through the announcement of conversion price adjustments. For example, on April 24 Sproutly Canada Inc. announced that it was reducing the conversion price on our convertible debentures from $0.75 to $0.105. This creates the realistic potential for us to exit this investment with a gain through conversion, which had seemed quite unlikely prior to this news. As a result, we were able to exit a small portion of our investment at a premium earlier this week. We note our Sproutly convertible debenture was carried at a little less than 90% of face value as at December 31, 2019."
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