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 was 50% greater than our designed capacity. This increase in dry flower yield is evidence of the quality of our facility and the team at our THR cultivation facility, and will allow the company to produce additional flower and trim in excess of our original projections.”
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About Sproutly Canada Inc.
Sproutly Canada’s core mission is to become the leading supplier to the cannabis beverage and edibles market. The company’s Toronto-based, ACMPR-licensed facility was built to cultivate pharmaceutical-grade cannabis to supply a technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution. Sproutly’s water-soluble ingredients and bionatural oils will deliver revolutionary brands to international markets that are clamoring for well-defined commercial products. Sproutly’s business focus is to execute on partnerships with local and globally established consumer brands to leverage its existing customer bases, further expand brand loyalty, and assist with marketing and support distribution networks to deliver this scientific breakthrough with speed and efficiency worldwide. For more information, visit the company’s website at www.Sproutly.ca.
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