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 > Fins are all up

<< Previous

Bullboard Posts

Next >>

Comment by fedor604on Aug 31, 2020 3:18pm

90 Views

Post# 31480562

RE:RE:Fins are all up

HawkII wrote: "Material uncertainty related to going concern"
$32k cash at end of February (down from $9.6M the year before).
$50.3M impairment charge.
G&A increased almost 50% from the year before (bc why not keep paying yourself handsomely?)
MNP almost ran out of letters covering their buts on significant accounting policies.
Remuneration of key mgmt up almost 30%
Selling price per gram $1.91 (versus $5.00 in 2019) and Cost per gram to complete production and sale $1.81 (versus $0.16 in 2019) .... some real good margins in there!

And this was at February month end ..... just wow

Blizzy420 wrote:
Sedar