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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

Comment by munchtradeon Oct 01, 2020 9:19am
112 Views
Post# 31647900

RE:RE:RE:More debt settled...

RE:RE:RE:More debt settled... Impossible to know. I think either way the debtholders have no choice becuase there's really nothing to reclaim if they try to call on that debt. They sort of have to take the amended terms and lower conversion to try and get out of this dumpster fire with the least amount of pain possible. I'm sure Sen is whispering into their ear on what's to come as well in order to pacify them.

ScotiaOne wrote:

I'm going to keep the rose coloured glasses on for this one and assume that debt holders agreed to the deal willingly as oppossed to finding themselves being SOL. Realistically any one of these debt holders could start putting holes in the Sproutly boat (rubber raft?) but choose instead to keep it afloat. The second assumption is that the information they were given to help facilitate that decision led them  to believe that they would someday see a return on said investment. News... we've been waiting for it for forever it seems, some good news that starts the chain reaction!

 

Blizzy420 wrote:

 

Thanks Sun.   This is dilution is getting a little old .... the only Sproutly news we get is more dilution.   My patience as being tested last year at this time, now it is wearing thin.  

Health Canada is ruining the Canadian market with their hoops and regulations while the big money lenders fleece the small cap companies day in and day out.

I still have faith in the industry as a whole and Sproutly as a leader, but sh*t I need a win in this sector after a long drought. 





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