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.”
To view the full press release, visit http://ibn.fm/ZTQbX
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.
NOTE TO INVESTORS: The latest news and updates
relating to SRUTF are available in the company’s newsroom at http://ibn.fm/SRUTF
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