SRUTF - Sproutly Canada Inc.
| Previous Close | 0.3500 |
| Open | 0.3665 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 0.3470 - 0.3665 |
| 52 Week Range | 0.1891 - 0.8500 |
| Volume | 309,425 |
| Avg. Volume | 250,335 |
| Market Cap | 64.503M |
| 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 Announces Financial Results for the First Quarter Of 2020
Sproutly Canada, Inc. (SPR.CN) (38G.F) (SRUTF) (“Sproutly" or the “Company”) today announced the Company’s financial results for the first quarter ended May 31, 2019. "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 cultivation and R&D.” said Keith Dolo, Chief Executive Officer of Sproutly. Preparations are advancing towards the launch of our CALIBER premium branded flower and oil, as well as beverages and edibles in line with the proposed regulations recently announced by Health Canada.
- Business Wire
Sproutly Cannabis Cultivation Results Outperforms Original Design Capacity by 50% in the Three Month Period Ended June 30
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to provide an update on its recent cannabis production results at its wholly-owned subsidiary Toronto Herbal Remedies Inc. (“THR”). The total cultivation output for the three-month period ended June 30, 2019 was 298kg of dried cannabis flower, representing a overperformance of 49.9%, relative to the design of 199kg which is based on 2lbs per light.
- Business Wire
Sproutly Announces Plans to Launch BioNatural Oil Products Under CALIBER Brand
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to provide an update on its premium cannabis brand for the recreational market, CALIBER, as it plans to launch premium cannabis oil products utilizing its BioNatural Oil (“BNO”), a unique and differentiated cannabis oil produced by Sproutly’s proprietary Aqueous Phytorecovery Process (“APP Technology”). Sproutly intends to expand the CALIBER brand of products initially into oil capsules, which will be packaged in child resistant, 30 capsule jars. BNO is recovered using the Company’s proprietary APP Technology.
- 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 ...
- CNW Group
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 /CNW/ - Virtual Investor Conferences, in ...
- 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
Public Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com NEW YORK , May 14, 2019 /CNW/ - Virtual Investor Conferences, in partnership with Midtown Partners ...
- 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.
- Business Wire
Sproutly Schedules Conference Call and Webcast to Discuss Joint Venture with Moosehead Breweries
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”), will be hosting a conference call with Keith Dolo, CEO of Sproutly, Dr. Arup Sen, Chief Science Officer of Sproutly, and Matthew Oland, Moosehead Breweries Limited executive and incoming CEO of the Joint Venture (defined below), at 9:30am Eastern Time on May 1st, 2019. The purpose of the call will be to discuss the recently announced definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited (“Moosehead”), to form an exclusive joint venture (the “Joint Venture”). A presentation related to the Joint Venture is available on Sproutly’s website www.sproutly.ca as well as at the download link below.
- Newsfile
Better Together: Cannabis-Infused Beer JV's Ready Themselves for October Legalization
Point Roberts, Washington D.C. and Delta, British Columbia--(Newsfile Corp. - April 30, 2019) - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot featuring Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF), looking at cannabis-infused beer JV's and distribution partnerships as they ready themselves for the upcoming Canadian consumables market, as regulations are expected to permit this October. The attention surrounding cannabis-infused beers is bringing in new players such ...
- Business Wire
CORRECTING and REPLACING Sproutly Announces Joint Venture with Moosehead Breweries to Launch Cannabis-Infused Beverages in Canada
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”), and OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited (“Moosehead”), are pleased to announce that they have entered into a definitive agreement (the “Joint Venture Agreement”) to form an exclusive joint venture (the “Joint Venture” or the “JV”) to develop, produce, and market non‐alcoholic cannabis-infused beverages in Canada using Sproutly’s proprietary, naturally produced water soluble cannabinoids known as ‘Infuz2O’. Both companies will bring their respective strengths to the joint venture to develop a line of great tasting cannabis beverages featuring a rapid onset and offset effect unique to the category.
- Business Wire
Sproutly Receives Processing License from Health Canada
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”), is pleased to announce that the Company’s wholly-owned subsidiary, Toronto Herbal Remedies Inc. (“THR”), a licensed producer under the Cannabis Act, has received a processing licence from Health Canada effective March 29, 2019 (the “Processing License”). The Processing License allows THR to produce cannabis oil and related products, and will also allow the Company to conduct certain research and development activities, including the formulation of proprietary beverage products. “We are making steady progress towards achieving Sproutly’s mission of delivering a safe and consistent whole plant experience from cannabis, with a lead position in the beverage market.
- GlobeNewswire
Infused Beverage Market Ready to Pop: Companies Prepare For Upcoming Canadian and US Infused Beverage Market
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the CBD and cannabis infused beverage sector and how companies are preparing to enter this new market segment. In recent news, Food and Drug Administration Commissioner Scott Gottlieb said his agency has plans to regulate CBD edibles and will start holding public hearings on the matter as early as April. Since the legalization of hemp and hemp-derived CBD in the Farm Bill, the CBD industry has eyed the FDA's position toward the substance, as it represents an obstacle to mass-market CBD edibles from a federal standpoint.
- Business Wire
Sproutly Provides Strategic Update
Sproutly Canada, Inc. (SPR.CN) (SRUTF) (38G.F) (“Sproutly" or the “Company”) is pleased to provide a strategic update on the development of its business to date. Sproutly continues to make substantial progress towards its goal of becoming a global cannabis beverage and edibles company. “We have been successful in acquiring the exclusive rights to Infusion Biosciences’ APP technology, in certain jurisdictions, which is able to produce naturally water-soluble cannabinoids that deliver the full experience of cannabis paralleling the onset and offset profiles of smoking.
- GlobeNewswire
Sproutly Canada, Inc. Discusses Innovation and Expansion in Exclusive Audio Interview with NetworkNewsWire
NEW YORK, Dec. 11, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with Sproutly Canada, Inc. (SRUTF) (CSE:SPR) (38G.F), a client of NNW focused on becoming the leading supplier to the cannabis beverage and edibles market. NNW’s Stuart Smith introduces Sproutly president and CEO Keith Dolo in an interview that highlights the company’s strategy to pave a leading-edge in the cannabis industry. Dolo explains Sproutly’s mission to become the leading supplier to the cannabis beverage and edibles market.
- GlobeNewswire
Cannabis Companies Continue to Pull the Best from the Beverage Sector: Sproutly (CSE: SPR) (OTCQB: SRUTF), PEPSICO Inc., Anheuser-Busch InBev and New Age Beverages Corporation
Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks, releases a sector snapshot looking at the race for positioning in the future cannabis beverage space, with companies targeting key executives from the beverage industry as well as expanding with corporate acquisitions in the alcoholic and non-alcoholic beverage sector. High expectations on the passing of the US 2018 Farm Bill, as well as Canada’s anticipated edibles roll-out in 2019, have pushed cannabis infused beverage companies to continue to add to their company rosters ensuring they are fully prepared to seize the massive CBD beverage market in Canada, the US and internationally. Looking to the future, Sproutly Canada, Inc. (CSE:SPR) (OTCQB:SRUTF) (38G.F), a licensed cannabis producer in Canada that has secured a natural water soluble technology to redefine cannabis beverages, just announced two new hires from the beverage sector, adding to their already seasoned team.
- ACCESSWIRE
Disruptive Marijuana Beverage Stock Has Exposure to a $4.4 Billion Market
HOUSTON, TX / ACCESSWIRE / December 6, 2018 / Legalization in Canada, higher approval ratings in the U.S., international growth, and explosive corporate interest has changed the way we look at marijuana investing forever. Canada's cannabis industry could produce sales of up to $7.1 billion in 2019, with up to $4.3 billion coming from the recreational market, according to research firm Deloitte. Especially when we find ground-breaking stocks with innovative, disruptive technology that's turning the space upside down.