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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 > An Infusion Deal
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Comment by shnepson Feb 13, 2022 7:21am
106 Views
Post# 34424023

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:An Infusion Deal

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:An Infusion Deal A solution to money problems is absolutely correct.

"Shareholders are seeking a full divestiture of the facility and turnkey licensed cannabis business."

There is absolutely nothing in that statement related to a "sale and lease back". 
A divestiture most commonly results from a management decision to cease operating a business unit because it is not part of a company's core competency.
This is everything the company has (which secures Sen's loans) and Sen will take his licencing agreement home with him.
They are selling the complete packaged buildings, agreements and licences.
There is nothing there about leasing.

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