Sproutly

Overview

Sproutly’s mission is to become the leading supplier to the cannabis beverage and consumables market. They grow pharmaceutical grade cannabis from their licenced Toronto facility to formulate and produce the first natural, truly water-soluble cannabis beverage solution.

Highlights


Highlights of their most recent developments are:

  • A shifting consumer preference in the Canadian cannabis market provides an opportunity for Sproutly. Cannabis oil sales have grown at a compounded quarterly growth rate of 43.2% while flower sales have only grown at 10.1%. (Health Canada)
  • Discovered that the cannabis plant naturally produces water-soluble forms of phytochemicals including cannabinoids and terpenes. Created patent pending Aqueous Phyto recovery Process (“APP”) that first recovers the water-soluble phytochemicals followed by releasing the “free” oils without disrupting the molecule. This can quicken the on-term effects of cannabinoids and mimic the same qualities as inhaled cannabis. The process allows various end users and precise dosing.
  • Sproutly’s business model is focused on processing and is not constrained to growing its own cannabis. It is fully scalable via sourcing cannabis on the open market. Technology is able to increase the selling price per gram equivalent by 2.6x – 4.4x compared to flower.

Last updated: December, 2018

Corporate Information


Executive Team

  • Kieth Dolo
  • CEO
  • Bryan Semkuley
  • President
  • Craig Loverock
  • CFO


Why We Love it


Operating in a market that when valued at $260- $340 million once legalized, we love Sproutly because they are ahead of the curve.

Sproutly’s APP technology has the potential to radically change how we go from growing weed to utilizing its derivatives in consumer products.

With a focus on processing and not on production, Sproutly is able to boast a quarterly growth rate of 43% for cannabis oils. Such a first mover advantage will pay out big returns in the long run.

Contact Information


Sproutly Inc
#1050 — 1095 W. Pender Street
Vancouver, BC V6E 2M6
T: 778-945-6868
info@sproutly.ca