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.

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Sproutly Canada Inc

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Comment by fedor604on May 12, 2020 2:49pm

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Post# 31018478

RE:RE:Reduced my holdings this am

Zookie wrote: Thx for sharing your insight, Barstool. Everyone has their own philosphy... If you've triggered a Murphy's law thing and SRP shoots up unexpectedly this week, then let me thank you in advance. And I'll put you on my tab for Maui.

BarstoolSage wrote: NOT because I have lost faith, but because in the short term I believe I can do better in a company called ImagineAR. Still in with 20k in shares, (down from 55k) but I think I can ride IP up nicely over the next few weeks, and earn profits which I can then choose to put back into SPR.

In the SHORT TERM, I do not believe SPR will move much...though I could definitely be wrong....part of the reason I kept 20k. All we need is some positive news here that puts some wind into our sails

Willing to take that chance though. Took an 8k haircut here to do it, but now with almost 80k IP shares at a 6 cent ACB, I do believe I can do better there than here for now. I definitely believe IP will run soon. Float is less than half that of SPR, it is easily scalable tech, and AR is hot. So I do believe it will out-perform SPR over the next few months.

But my retention of 20K shares shows you I am still in and an SPR believer. My move is simply based on anticipated relative returns. It also follows part of my investmwent philosophy, which is never or rarely average down a spec...don't be afraid to take losses if it means re deploying to a better return, and diversification in specs is a must to spread the risk.

For anyone interested in looking in on it, IP is in the Augmented Reality space, and brings a unique perspective to that space. I was in NTAR early, so I know a bit about it. IP has staked out it's own unique position in that market, and is beginning to sign some serious clients.

Not trying to spam, convert anyone, or detract from SPR. I try to keep emotions out of the mix and this is purely a decision based on anticipated returns over the next few months. I think i outlined my general approach to investing several weeks back, so for those of you who read that this should come as no suprise.

Just wanted the regulars and inner circle to know what I was thinking and doing with my SPR.

Still looking forward to Hawaii :)