SRUTF - Sproutly Canada Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0462
+0.0001 (+0.33%)
At close: 3:43PM EDT
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Previous Close0.0461
Open0.0580
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0451 - 0.0580
52 Week Range0.0349 - 0.6000
Volume134,348
Avg. Volume312,785
Market Cap10.803M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • Sproutly Amends Conversion Price of Convertible Debentures
    Business Wire

    Sproutly Amends Conversion Price of Convertible Debentures

    Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company") announces an amendment to the conversion price of its previously issued convertible debentures (the "Debentures"). The Company issued $10,750,000 of the Debentures on October 24, 2018, of which $8,250,000 is currently outstanding and due to mature on October 24, 2020. The Debentures were originally convertible by the holders thereof into common shares of the Company at a price of $0.75 per common share. The Company and the debenture holders have approved a new conversion price of $0.105 per share, with such amendment to be made effective the date hereof.

  • Sproutly Executes its 3rd and 4th Provincial Supply Agreements with Manitoba and Saskatchewan
    Business Wire

    Sproutly Executes its 3rd and 4th Provincial Supply Agreements with Manitoba and Saskatchewan

    Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company") is pleased to announce that the Company’s wholly-owned subsidiary, Toronto Herbal Remedies ("THR") has entered into a cannabis supply agreement with the provinces of Manitoba and Saskatchewan (together, the "Supply Agreements") through the Manitoba Liquor and Lotteries Corporation and the Saskatchewan Liquor and Gaming Authority, respectively, as at March 27, 2020.. Manitoba and Saskatchewan will be the 3rd and 4th provinces in Canada to carry Sproutly’s CALIBER branded indoor-grown dried flower products ("CALIBER"), following Alberta and New Brunswick in late 2019. Pursuant to the Supply Agreements, CALIBER will launch in Manitoba and Saskatchewan initially with its 3.5 gram flower offerings for each one of CALIBER’s unique strains, Berry White and Lemon Zkittle (2018 Highlife Cup Overall and Best Sativa winner which will be called Lemon Z). CALIBER's launch in Manitoba and Saskatchewan will be supported with regional marketing efforts in accordance with Health Canada regulations.

  • Sproutly Provides Business Update and Strategy for Custom Formulations
    Business Wire

    Sproutly Provides Business Update and Strategy for Custom Formulations

    Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) ("Sproutly" or the "Company") is pleased to provide an update on its business strategy and operations. In light of the significant advancements made by Sproutly and Infusion Biosciences Inc. ("Infusion") on the APP Technology, as well as recent developments in the cannabis industry in Canada, the Company will now accelerate the commercialization of the APP Technology in Canada. Sproutly is leveraging its technological assets, where it believes it has a competitive advantage, to become a broad supplier of technology-enabled cannabis ingredients to partners and customers to produce truly unique beverages, edibles, and extracts. (the "Business Strategy").

  • 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.

  • 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.

  • Investor Ideas Potcasts: Interview with Dr. Arup Sen, Chief Science Officer of Sproutly Canada Inc
    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 ...