Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), recently reported that its wholly owned subsidiary, Toronto Herbal Remedies, was awarded a processing license by Health Canada, which will advance its beverage-production strategy. An article discussing the company reads, “Sproutly announced on April 1 that its wholly owned subsidiary, Toronto Herbal Remedies Inc. (“THR”), was granted a processing license from Health Canada that allows THR to produce cannabis oil and related products (http://cnw.fm/RT13i). Toronto Herbal Remedies was already a licensed producer under the country’s Cannabis Act, and the new license sets the stage for Sproutly’s plans to become a ‘world-class cannabis beverage and infused product company,’ specifically in an attempt to establish an alternative to alcoholic beers (http://cnw.fm/aBPF7).”
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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. Its 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, 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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