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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 16, 2020 9:47am
148 Views
Post# 31727508

RE:Price action

RE:Price action Blizz, agree with you that this may be the turning point for the long term share price, assuming we build on this and actually sign some deals. IMO short term, any price bump now will likely be tamped down quickly by the abundance of converted shared waiting to be unloaded. I personally am not concerned about the short term price movements, as I've been sitting on these shares forever.

This is really great news, not only for the obvious reason of facilitiating our ability to sell 2.0 products, but also (for me at least):
  • Clears up and confusion I had around the weird Transformation Plan that listed selling THR as an option. I never understood this, but now it is clear that the pursuit of this valuable license indicates that THR will remain in the SPR fold and is a part of the plan moving forward
  • What I mean by valuable is not in the normal sense. It's more of a validation that the process of getting licenses here in Canada is a huge pain in th a$$, and keeping those licenses in SPR's name is a better option than letting SPR fold and starting over as Infusion. It's a confirmation to me that Sen is firmly committed to SPR as an entity, and that he will not purposely let SPR go bankrupt so he can re-take APP rights in SPR-held jurisdictions for Infusion. There have already been signs that he was putting his best effort in keeping SPR afloat, but this news solidifies my confidence in that belief
Feels good to actually get some postive news for a change. GL to all
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