Sproutly Canada Inc. SRUTF Archives

TuesdayJul 30, 2019 9:54 am

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces Q1 2020 Financial Results

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) on Monday announced its financial results for the first quarter ended May 31, 2019. Among the updates, the company’s cash position was $3.85 million as of May 31, 2019; Toronto Herbal Remedies Inc. has received a Health Canada processing license; and the company entered into a definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Ltd, to form a joint venture. "We are off to a strong start in 2020 with the completion of our first quarter, which saw us sign the definitive agreement with Moosehead and make advancements in…

ThursdayJul 25, 2019 10:34 am

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces THR Subsidiary Cannabis Cultivation Results that Outperform Design Capacity by 50%

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced recent cannabis production results at its wholly owned subsidiary Toronto Herbal Remedies Inc. (“THR”). According to the update, the total cultivation output of dry cannabis flower for the three-month period ended June 30, 2019, is 298kg compared to design capacity of 199kg. This represents overperformance of 49.9 percent versus design capacity. “The company has successfully achieved greater than expected results for the harvests from April to June 2019,” Sproutly Canada CEO Keith Dolo stated in the news release. “On a total of nine harvests, the average dry flower yield…

TuesdayJul 16, 2019 10:26 am

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) to Launch Premium BioNatural Oil Products Under CALIBER Brand

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced its plans to launch premium cannabis oil products under its CALIBER brand that utilize its unique and differentiated BioNatural Oil (“BNO”), which is produced by Sproutly’s proprietary Aqueous Phytorecovery Process (“APP”). Per the update, Sproutly initially intends to expand the CALIBER brand of products into oil capsules that deliver 5mg of full spectrum THC cannabis, giving consumers full control to dose in 5mg increments. “CALIBER has been carefully curated with the cannabis connoisseur in mind. The unique benefits of BioNatural Oil, combined with high quality flower grow and genetics,…

WednesdayJul 10, 2019 10:08 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Releases Financial Results, Announces Strategic Accomplishments for Fiscal 2019

Sproutly’s financial results for fiscal 2019 show that the company has accomplished a number of important milestones Highlights included finalization of the company’s acquisition of Infusion Biosciences Canada and the completion of Sproutly’s Greater Toronto Area production facility The next phase of operations involves the launch of Sproutly’s premium flower under the CALIBER brand Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis products, recently announced its financial results and most important strategic accomplishments for fiscal year 2019, which ended on February 28, 2019. Keith Dolo, Sproutly’s CEO, said that…

TuesdayJul 02, 2019 11:15 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Readies for Canada’s Second Cannabis Wave with Successful Run of APP Extraction Process

Sproutly is a licensed producer with exclusive rights to Infusion Biosciences’ groundbreaking Aqueous Phytorecovery Process (“APP”) technology for naturally water-soluble cannabinoids Deloitte estimates that Canada’s cannabis edibles and topicals market could be worth $2.7 billion annually The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) has reached another milestone by successfully completing the first run of the proprietary Aqueous Phytorecovery Process (“APP”) extraction technology licensed from Infusion Biosciences Inc., Sproutly CEO and Director Keith Dolo announced in a news release (http://ibn.fm/JJ0Yt).…

FridayJun 28, 2019 12:37 pm

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Reaches Key Milestone with First Commercial Sale of Cannabis Flower in Canada

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis products, recently announced its first commercial sale of cannabis flower in Canada (http://ibn.fm/BqIrC). The sale marks a major achievement for the company and signifies the commencement of a new revenue stream. An article discussing the company reads, “Currently, Sproutly awaits its sales license from Health Canada. Once the license is received, followed by a thorough inspection, Sproutly may consider selling more wholesale craft flower to ensure consistent revenue generation. Following the receipt of its sales license from Health Canada, Sproutly plans to…

FridayJun 21, 2019 2:03 pm

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Establishing its Position as a Leading Supplier of Water-Soluble Cannabis Solutions

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis consumer products, is working toward its goal to establish itself as the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles. A recent article discussing SRUTF reads, “The company’s chief science officer, Dr. Arup Sen, reviewed recent accomplishments in an interview with InvestorIdeas.com that featured the company’s technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution (http://ibn.fm/9aEEi). . . . ‘We will be pretty much standing alone in the field of making beverages that…

FridayJun 21, 2019 10:00 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized…

ThursdayJun 13, 2019 1:55 pm

QualityStocksNewsBreaks – Sproutly Canada Inc.’s (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Premium Cannabis Brand Aims to Deliver Superior Experience

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently released an update detailing Caliber, its premium cannabis brand for the recreational market. “Every element of the brand is intended to be as high a quality as the buds inside,” stated Melise Panetta, Sproutly VP, marketing and sales (http://ibn.fm/GDb9Y). An article further discussing the company reads, “Sproutly intends to package its craft flower for sale in 1-gram, 3.5-gram and 7-gram units. . . . Sproutly’s Caliber brand logo and packaging are designed to be distinctive and appealing to the cannabis connoisseur, as well as being reflective of the premium nature of the…

ThursdayJun 13, 2019 10:26 am

Sproutly Canada Inc.’s (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Proprietary Water-Soluble CBD Formula to be Delivered in Consumable Brands

Sproutly’s groundbreaking discovery of naturally water-soluble cannabinoids is projected to be a disruptor in the emerging cannabis beverage and edibles market Chief Science Officer Dr. Arup Sen leads the company’s research and development team, which has created 44 different formulations to date The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is advancing its core mission of becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles by meeting several key milestones. The company’s chief…

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