SRUTF - Sproutly Canada Inc.
| Previous Close | 0.2700 |
| Open | 0.2650 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.2650 - 0.3000 |
| 52 Week Range | 0.1891 - 0.8500 |
| Volume | 152,690 |
| Avg. Volume | 212,121 |
| Market Cap | 52.198M |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.1340 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Business Wire
Sproutly Provides Business Update on the Moosehead Joint Venture for Cannabis Beverages
“In the past five months, significant resources have been dedicated towards creating a portfolio of Infused Beverages that will be ready for consumers following legalization in Canada.” said Matthew Oland, CEO of the Joint Venture. “On May 1, 2019, I took over the leadership of the initiative.
- Business Wire
Sproutly Announces Expansion With New Manufacturing Facility
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to announce an expansion of its operations with a new manufacturing facility in close proximity to the Toronto Herbal Remedies Inc. (“THR”) (the Company’s wholly-owned licensed cannabis producer) production facility in Scarborough, Ontario. The additional property allows the Company to continue to centralize operations in the Greater Toronto Area, as well as providing manufacturing capabilities for it’s proprietary reagents, a key input for the APP Technology cannabinoid recovery process. As Sproutly continues to explore other global markets for expansion, the need to produce its proprietary reagents at one central location and under EU GMP guidelines will be critical to ensuring consistency and quality, while at the same time reducing manufacturing costs.
- GlobeNewswire
Sproutly Featured in Audio Broadcast on Innovations Driving Growth of Cannabis Market
A desire to move away from smoking may be fueling growth in the edible cannabis products. The shift toward edibles is a direct response to the decrease in smoking. Cannabis legalization has arrived just as tobacco smoking is seeing a steep decline.
- GlobeNewswire
Sproutly Featured in CannabisNewsWire Publication on Tech Innovation in Edible Cannabis Space
NEW YORK, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsWire – Sproutly Canada Inc. (SRUTF) (CSE:SPR) today announces its placement in an editorial published by CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company for private and public entities in the cannabis industry. As the legal boundaries of the North American cannabis industry expand, businesses are looking for ways to make the most of their products and reach the widest possible market. Instead, companies are increasingly focused on alternatives such as edible cannabis products.
- Business Wire
Infusion Biosciences Develops Breakthrough Testing Methods to Detect Cannabinoids in Water Solutions to Meet Food and Safety Standards
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) announced today that Infusion Biosciences Inc. (“Infusion”) and BNO Holdings Inc. (“BNO Holdings”) have developed and verified analytical methods that detect, identify, and measure cannabinoid molecules in water-soluble (“Infuz2O”) and oil preparations (“Bio-Natural Oil”) derived from cannabis and hemp using APP Technology (collectively, the “Developed Analytics”). APP Technology is a patent pending process that uses proprietary reagents to recover naturally occurring water-soluble cannabinoids as well as the cannabis oils.
- Business Wire
Sproutly Adds Seasoned Beverage Executive Constantine Constandis to the Board of Directors
NOT FOR DISSEMINATION IN THE US OR THROUGH US NEWSWIRE SERVICES
- Benzinga
Sproutly Canada Reports Q1 Earnings: 'We Are Off To A Strong Start'
The company declared a cash position of $3.85 million as of May 31, and disclosed signing a definitive agreement to form a joint venture with Moosehead Breweries Ltd.’s affiliate, OCC Holdings Ltd. In addition, Sproutly’s wholly-owned subsidiary Tornonto Herbal Remedies Inc. obtained a processing license from Health Canada, which enables it to produce cannabis oil and related products, and allows Sproutly to run various research and development activities. Benzinga's Cannabis Capital Conference heads to Detroit on Aug. 15 -- Click here to learn more!
- Business Wire
Sproutly Announces Financial Results for the 2019 Fiscal Year
Sproutly Canada, Inc. (SPR.CN) (38G.F) (SRUTF) (“Sproutly" or the “Company”) today announced the Company’s financial results for the year ended February 28, 2019. After going public in July of 2018, we acquired Infusion Biosciences Canada and SSM partners, providing us with access to their ground-breaking APP technology to produce water-soluble cannabinoids (“Infuz2O”) and oil-based cannabinoids (“Bio Natural Oil”) which provides the Company with a differentiating proprietary technology to compete in the infused beverage and edible category. In 2019 we also completed our GTA production facility, received our cultivation license from Health Canada and began full-scale production of all 13 grow rooms” said Keith Dolo, Chief Executive Officer of Sproutly.
- Business Wire
Sproutly Announces First Run of Proprietary APP Extraction Process
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to announce that it has successfully completed the first run of the proprietary Aqueous Phytorecovery Process (“APP”) extraction technology licensed from Infusion Biosciences Inc. at its wholly-owned Toronto Herbal Remedies Inc. (“THR”) licensed facility. This initial APP run successfully recovered both water-soluble cannabinoids (“Infuz2O”), with onset of effects within approximately 5 minutes and which dissipate within approximately 90 minutes, and oil-based cannabinoids (“Bio Natural Oil”), a strain specific cannabis oil. The initial Infuz2O and Bio Natural Oil recovered is expected to be used for R&D and product formulation purposes for cannabis beverages and edibles within the proposed regulations recently announced by Health Canada.
- GlobeNewswire
Sproutly Announces First Commercial Sale of Cannabis Flower
“Recognizing our first commercial sale to another, well recognized, licensed producer is a milestone that we are very proud of. This shipment marks the beginning of Sproutly’s revenue stream and demonstrates our teams ability to, once again, deliver on our strategy.” - said Keith Dolo, Chief Executive Officer, Sproutly Canada. “As Sproutly awaits our Health Canada inspection to achieve our sales license, we may consider selling more wholesale, high quality craft flower, to ensure a consistent inflow of revenue over the coming months.” – states Dolo. Following the receipt of its sales license from Health Canada, Sproutly plans to sell THR’s premium cannabis flower under the CALIBER brand. CALIBER is designed for the cannabis connoisseur and delivered via Sproutly’s craft cannabis flower production. With high-quality manufacturing process, award-winning genetics and distinct premium packaging, the CALIBER brand is expected to deliver a superior cannabis experience for the cannabis connoisseur.
- GlobeNewswire
Sproutly Announces Shares for Debt Settlement
Sproutly Canada, Inc. (CSE:SPR) (SRUTF) (38G.F) (“Sproutly” or the “Company”) is pleased to announce it has completed a voluntary debt for shares settlement agreement with an arm’s length creditor (the “Creditor”) whereby the company has settled outstanding current debt in the amount of $3,537,455 (the “Debt”). In settlement of the Debt, the Company has issued 4,716,606 common shares in the capital of the Company (the “Settlement Shares”) at a price of $0.75 per Settlement Share. The Debt was completely extinguished upon the issuance of the Settlement Shares. The Creditor voluntarily elected to satisfy the Debt with common shares in lieu of cash payment.
- GlobeNewswire
Sproutly Submits Amendment for Flower Sales License
Sproutly Canada, Inc. (CSE:SPR) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to announce that through its wholly owned subsidiary Toronto Herbal Remedies Inc (“THR”), has submitted an amendment for a sales license for cannabis flower. THR has successfully completed its first packaging run for cannabis flower product and has provided all supporting documents to Health Canada. Following a “compliant” rating after their last inspection earlier this year, THR is now looking forward to their next visit from Health Canada in anticipation of receipt of their sales license.
- Newsfile
Investor Ideas Potcasts: Interview with Dr. Arup Sen, Chief Science Officer of Sproutly Canada Inc
Delta and Kelowna, British Columbia--(Newsfile Corp. - June 4, 2019) - Investorideas.com, a global news source covering leading sectors including cannabis and its potcast site, www.potcasts.ca release today's special edition of Investorideas.com potcastsCM, featuring an interview with Dr. Arup Sen, the Chief Science Officer for Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF). Dr. Sen discusses Sproutly's recent developments and how they are approaching the Canadian cannabis beverages market expected to open up this ...
- PR Newswire
Cannastocks2019 Investor Conference & Webinar Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations NEW YORK , May 17, 2019 /PRNewswire/ -- Virtual Investor Conferences, ...
- GlobeNewswire
Sproutly Provides Update on Premium Cannabis Brand: Caliber
Sproutly Canada, Inc. (CSE:SPR) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to provide an update on its premium cannabis brand for the recreational market, CALIBER. CALIBER is designed for the cannabis connoisseur and delivered via Sproutly’s craft cannabis flower production. “Sproutly has made significant progress towards the launch of CALIBER, our premium cannabis brand for the recreational market.” said Melise Panetta, Vice President Marketing and Sales.
- CNW Group
Cannastocks2019 Live-Stream Investor Conference & Webinar May 15th
Cannastocks2019 Live-Stream Investor Conference & Webinar May 15th
- GlobeNewswire
CBD & Cannabis Beverage Market: Insider Perspectives From Leaders Targeting Billion Dollar Opportunities
NEW YORK, May 13, 2019 -- Wall Street Reporter, the trusted name in financial news since 1843, has recently published interviews with CEO’s of some of today’s most talked.
- Business Wire
Sproutly Tapped to Present at Canaccord Genuity 3rd Annual Cannabis Conference, Cannastocks2019 Investor Conference & Cannabis Drinks Expo
Chief Executive Officer (“CEO”), Keith Dolo, will present at the Canaccord Genuity 3rd annual cannabis conference on May 14th at the Grand Hyatt in New York. CEO Keith Dolo will present as the Cannastocks2019 Q1 investor conference on May 15th, also in New York. Chief Science Officer (“CSO”), Arup Sen, will present at the Cannabis Drinks Expo at the South San Francisco Conference Center in San Francisco on July 25th.
- GlobeNewswire
Sproutly Featured in CannabisNewsAudio Broadcast on Amazing Potential for Cannabis-Infused Beverages Market
Poised to capture an outsized share of the infused beverage boom, Sproutly Canada Inc. (SRUTF) (CSE:SPR) and Moosehead announced a joint venture that marries Moosehead’s vast adult-beverage experience with Sproutly’s innovative cannabis technology. Moosehead is an iconic Canadian brand, selling more than 140 million bottles of beer annually across Canada, the U.S. and 15 countries around the world. The company’s 152 years of beverage experience and formulation prowess has led to over a dozen popular brands, including licensed and supporting partner brands such as Angry Orchard, Twisted Tea and Samuel Adams beer, proving the ability to manufacture and market leading adult beverages.
- GlobeNewswire
Sproutly Featured in CannabisNewsWire Publication on Staggering Projections for Cannabis Industry
NEW YORK, May 02, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsWire – Sproutly Canada Inc. (SRUTF) (CSE:SPR) today announces its placement in an editorial published by CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company for private and public entities in the cannabis industry. At that time, consensus was that Canada could reach CA$2.8 billion in legal sales by 2020. Joining the ranks of the majors to meet this titanic demand, Sproutly Canada Inc. (SRUTF) (CSE:SPR) announced a joint venture with Moosehead Breweries, the largest and oldest independent beer company in Canada.