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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 SUMKNDV1DERFLon May 20, 2020 7:27pm
107 Views
Post# 31053928

RE:RE:RE:RE:I wonder

RE:RE:RE:RE:I wonder
ChuckFoo wrote:
EarlyRiser wrote:

 

ChuckFoo wrote: That would require a separate license on Sproutly/THR's part.  My thought was that the application had been filed, but it would appear otherwise.

 

 

What leads you to believe that it wasn't filed ?

 


I'm guessing based on the fact that it hasn't been granted and that they're looking to ditch THR and the HC licensed facilities.  

 

I don't have any concrete evidence either way.  It could very well have been, though.  One of my main questions after they announced moving away from THR was how would they do anything without a license at all?
 



THR licence includes making Infuz20 and BNO which they already hold in bank last we heard.  They just can’t sell it without an edibles licence which would include an HC approved package.

If they sell THR, they have no licence and will have to rely on the LP partner. IMO, this may not be the best move for leverage and a licence is mandatory in order to avoid any limitations in partnerships and having to rely on others. Not everyone will be equipped with the infrastructure and or keen on extending liability for $PR to operate and process. But then again who knows... again Hexo.
Bullboard Posts