Sproutly Canada Inc.

Sproutly is a fast growing company that is focused on delivering innovative products to the cannabis marketplace.

Expert Comments:

Progress has been made in all areas, from testing the product to evaluating distributors.
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Jimmy Mengel, The Crow's Nest

"Sproutly Canada Inc. is in a good position and has already started expanding; it just announced an expansion for its new manufacturing facility. It has also signed Constantine Constandis to the board of directors; he's a beverage sales expert and has worked with big players like Pernod Ricard SA and as former CEO of Corby Spirit and Wine Ltd."

The firm will use this second manufacturing facility only for making reagents.
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This proprietary method ensures the firm meets the requirements for its cannabis-containing beverages and oils.
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Also, the company begins growing a second strain.
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The product will be launched under its brand for the recreational market.
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Capital Cube

"Sproutly Canada Inc. is a Canada-based company engaged in the alternative medicine sector. . .the company's strategy is focused on developing and deploying technologies to formulate and market cannabis products. . .based on its recent filings, Sproutly has enough money to finance its operations for a year and does not need to raise capital in the immediate future."

The procedure resulted in two types of cannabinoids: water soluble and oil based.
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The transaction marks the start of a revenue stream for the company.
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The company's recent deal, progress on its cannabis beverages and its product ideas for the future were discussed.
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Jimmy Mengel, The Crow's Nest

"Sproutly Canada Inc. has indeed entered an agreement with a large beverage company, as I predicted when I recommended it; it has struck a joint venture deal to develop its patented cannabis beverages with Moosehead Breweries. Moosehead is the oldest Canadian brewery, founded in 1867, and is still privately owned and operated by the Oland family."

The company continues to make preparations while it awaits receipt of a sales license.
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Jimmy Mengel, Marijuana Manifesto

"Sproutly Canada Inc. has indeed entered an agreement with a large beverage company. . .They have struck a joint venture deal to develop their patented cannabis beverages with Moosehead Breweries. Details are still coalescing, but there is no other way to say that this is a great achievement for an unknown company. . .This is good news. . .and I am excited to see what comes next — once they can release the products."

Clive Maund, CliveMaund.com

"Sproutly Canada Inc. is completing a particularly fine bull pennant. With volume having died back to a very low level, another up-leg is believed to be imminent, and it should be big like the first one and take it to new highs; so we stay long and it is an immediate Strong Buy here."

Jimmy Mengel, The Crow's Nest

"Sproutly Canada Inc. has the potential beverage deal; the company has the oil license. And now, I also saw, it has hired Ogilvy, the most famous advertising agency in the world. . .it seems like that's a pretty damn good way to get the word out. . .we're loading up on Sproutly in anticipation of a big buyout and a rollout of the new branding."

More Expert Comments

Experts Following This Company

Clive Maund – CliveMaund.com
Jimmy Mengel – energyandcapital.com

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