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you are a Legend !!! thanks !!!
quick question... about the US market.. .if they get in the US market.. how? who will have the rights APP? only Sproutly?
Legend, Board,
I missed the call...
please share the link to yesterday's and todays presentations if you get your hands on them.
Its great to see our Sproutly trending back up!!!!!!
YEAH!!
Yep.. so that... lets hope it attracts more investors...
Ibs = infusion biosciences
Need a comment on this..
I found this in another board.. Can ypu please comment?
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Quick Question
I have been researching, at length, the potential and or possible strategies that IBS holds for the future, and wether or not they include Sproutly. I can not locate any deals other than Alkaline and TrueAerogrow. In his speech at the summit, Dr Sen mentions Unilever but this relation remains to be discovered. The time lines I have indicate that these deals were all pre Sproutly.
Throughout my research, I continue to wonder how Dr Sen and IBS will make deals in any near future without licensing or applications there of. THR holds the ACMPR/LP Licensing for Sproutly as it’s subsidiary. However, I can not locate any licensing for IBS or any subsidiaries. To my knowledge, IBS holds no licensing for LP or research development anywhere cannabis and or Hemp is legal and or illegal. Which is odd, because Dr Sen was fine tuning his work in Washington. I can not locate any records of licensing for IBS for the deals he made in the US. Can an unlicensed 2nd or 3rd party process cannabis for a licensed LP in the US legalized states?
Sure, when the US(Non Legal States)and other countries evolve, IBS may then apply for licensing. However, if the process to obtain a licence is anything like we have seen in the currently legal US states and Canada, this could take a substantial amount of time, years perhaps. Where will the INFUZ2o come from for the immediate needs of these US companies? This is where I feel Sproutly will hold value for IBS, as they will have ample supply on hand and hold position to allow licenced distributors to make the purchase from IBS and products, INFUZ2o/Bio Oil, will be produced by Sproutly/THR.
My conclusion thus far until new info comes to light, Sproutly may or may not get the rights to US, but they may certainly be the initial or long term provider to IBS should IBS not or need to apply for ACMPR/LP or equivalent licensing. Dr Sen could then continue to double dip with exclusive US APP rights and Sproutly production/other JV. This would provide Dr Sen the ability to continue R&D through Sproutly/THR with the piece of mind as the middle man that his tech is in good hands. That’s just my theory and a positive one at that for Sproutly and dear share holders.
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For UDT !
https://born2invest.com/articles/cannabis-edibles-market-2019-cannamerica-brands-west-coast-ventures-group-sproutly/
Cannabis companies set to rule the edibles market in 2019: CannAmerica Brands Corp. (CNNXF), West Coast Ventures Group Corp. (WCVC), Sproutly Canada Inc. (SRUTF)
We missed you UDT !!!! welcome back !!!
Welcome back !!! UDT... but why are you back if you do not believe in this stock? nothing has changed in the past 2 days... dont get me wrong... I really welcome your presence, just want to try and understand your thought process.
Very good Nosnibor !!! impressive sincere answer !
good luck.
Key things to consider
getting the best from other boards and sharing with this cool board.. summary below
We are all long here.. now more than ever... :)
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try to shift focus to the future.
I have started a list of potential positive catalysts forthcoming for the company...feel free to add to this list:
Likely
-Announcement of the Moosehead JV brand (by the end of May)
-Announcement of the JV product portfolio
-Announcement of the JV facility
-Announcement of beverage regulations and guidelines from Health Canada
-Announcement of supply deals with provincial governments
Possible
-Moosehead investing a notable amount of cash in the JV (I consider $5-20m notable in this context)
-The Moosehead JV solidifies the companies potential and allows Sproutly to get bought deal financing at price premium (Above $0.75-$0.80 would be ideal) and they use the capital to scale up APP production and growing space
-IBS partners with a notable company in the US market (brings further validation of Infuz2O)
-IBS allows the JV to enter certain US states
-After the beverage launch, the JV products are well received as people slowly come to realize the benefit of a fast onset/offset beverage compared to others on the market
-Dispensary workers recommend the JV products as being “from the makers of twisted tea” (this is very possible--Twisted Tea is very popular in the younger crowds and has significant brand recognition)
Unlikely
-IBS receives it’s patent for APP technology
-A large company acquires IBS given them a 20% stake in Sproutly
-Moosehead invests capital directly in Sproutly as opposed to Sproutly seeking bought deal financing
-Health Canada’s branding restrictions are loosened or lifted allowing beverages to be marketed similar to alcohol
-Health Canada outlaws the use of nano technology in recreational beverages
-Health Canada allows beverages to be sold in Liquor Stores after they realize most dispensaries don’t have the pallet room or fridges to hold a large selection of beverages
-Health Canada allows beverages to be sold in bars/pubs
That’s a good start. Hopefully you all can provide some more insights.
On another note, I spoke to a close friend of mine who runs a fairly large liquor store in Alberta and he informed me Twisted Tea is a really big seller for them. I found this encouraging. He laughed at me when I asked if he knew what that was.
Hill Street is an interesting company, I agree with whoever wrote that. Moosehead has everything Hill Street has though, and significantly more, so I am fairly confident focusing on Sproutly in this sector.
A couple more:
- Sproutly begins marketing and selling their boutique flower, generating some revenue
- Sproutly announces their oils line of skin care and other products. - non beverage, leveraging the oil extraction products.
- Jamaica pops back into the picture
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Amen.
im long too.
Perspective
Great comment I read and wanted to share with you..
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Perspective
In just over a month, SPR's ROR is over 90%. I know that is cold comfort to those that bought in after the news of a pending partner, but expecting a huge return on top of an already massive run is extremely rare, almost unheard of.
The way news of the partnership was disseminated has greatly contributed to the action we are seeing now.
First a leak of the partnership that drove up the price on huge volume.
Then a confirmation of a possible deal with a partner. IMO a strategic error on the part of management. Not so much because they said something was in the works, but using terms like 'major' and applying an arbitrary agreement date created a perfect 'sell on news' environment for those that bought in the.40-.70 range
Sell on news has been accompanied by panic selling by those who bought in unrealistically expecting an easy 3 bagger after the announcement
MJ market in general has been getting smashed the last couple days. Bad sector environment is especially harsh on small companies with no revenue
This 'sell on news' has resulted in a drop of approx 8 cents from the holding pattern we fell into while we were waiting for April 30 to approach.
I don't know how much further we have to fall, but we need to clear out all these gamblers before we build a new base. Volume is starting to dry up, signalling that we might be getting there soon. I am continuing to scale in as it dips
There is no revenue to support the share price ATM, so this will continue to trade based on pure speculation (read - unpredictable). I don't expect any meaningful revenue numbers until calendar Q2 2020 at least. Set your own expectations accordingly
Day-to-day gyrations of the market fuel emotional reactions if you let them. Most of us know that decisions based on emotion usually aren't the most wise.
If you are long, the bottom line is this: Share price aside, are you happier with the company today than you were this time last week? Do you feel they are executing their business plan and have attached themselves to the right partner? If the answer is yes, then strap in and buy more if you can!
GLTA
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Im pretty sad myself... I just know the tech works, we are the only ones with it.. its a matter of marketing, sales and consumer acceptance... and OF COURSE TIME.
Stockvaper... you nailed it.. that is my strategy... in 5-8 years it will be a small fortune.. x3-5 times
I didnt write it man. I read it from another board and shared it here. I agree with the comments from that person.
The stock is down because...
One more posted I read and wanted to share with you...
I am a believer.. will not sell, actually will buy more little by little. This is a winner ticket, will take a little longer than anticipated to explode, but that is fine.
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The stock is down because...
This was a known event. The market prices in known events. Everyone who was aware of Sproutly knew they had something in the works because it was announced. The market does not wait until the day of a deal to price things in. The market prices in known events well in advance. This is why sell the news is so common in all different sectors.
Would it have opened significantly higher if it was a Pernod? Yes, we would have gapped up into the $1.50-$2.00 range perhaps, but it would have fell hard after that.
If this deal was randomly dropped yesterday and price was trading at say, $0.55 CAD, this would have been a sling shot up to where we are now and the momentum would continue to build.
Did unrealistic expectations have something to with it? Probably, but not exclusively.
In my opinion it has much more to do with a the market pricing in known events. It was a strategic error on Dolo's part to hint at this deal. If it was dropped unexpectedly it would have been a bullish reaction, mark my words.
Also, a thousand people can sell this stock now, but if one institution starts covering Sproutly with a decent price target then we are sitting on a rocket ship when new buyers rush in.
I’ll be holding for a couple years I think....but, in the market anything can happen, so I can’t fully commit to that.
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420Trader - if you believe in Sproutly, don't sweat on the daily price.
Think of it this way: new buyers will hear about Sproutly for the first time. Will do the due diligence. Will realize the tech is ground breaking, validated, only SPR has it and will make revenues in Q4.. and the stock price is < 1 dolar (cad or USD)... they will invest.
It will not skyrocket as we thought to 5 USD by year end... but it may double.. it will now depend on the market and how good the product it... Ogilvy will help out to market the perception.
It is all good. We are all long here !
GLTA
Heard the conf call.
Very professional, serious. Technology validated.. meaning its unique in the market. The potential is great. Great time to invest. Its a matter of time and exposure to get more buyers involved.
Sproutly is starting to get into the big leagues.. little by little, but this is great exposure, and technology validation.
Liked what I heard.
Moosehead treating Sproutly as equal, despite Sproutly's size.
Exciting times !!!
GLTA !
We are all long here !!
Great article.!
Thx for sharing.
Great deal.
This below is an answer to a shorter from another board. Do not let shorters get to you. Got it from another board
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Your unrealistic expectations were no one's fault but your own. It was never realistic to expect a Coca cola or Pepsi to partner with a 150m capped company. Aurora and Aphria can't even land those deals yet. Get real.
If you actually think or thought that a company with a 50bln market cap is suddenly going to partner with a small cap cannabis company, you have lost touch with reality. Sorry.
This is a fantastic deal. For those of us who can delay gratification more than two weeks I expect significant gains over the next year or two.
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One more comment to share with you guys...
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HEXO-Molson JV Truss, Hexo 42%
HEXO, one of the top companies in the sector, was only able to get 42% of their JV with Molson and HEXO also had to issue 11,500,000 warrants to Molson. Molson is in complete control. Absolutely nothing wrong with that deal, I like HEXO a lot. But…
I just point this out because if a company with the scale of HEXO can only get 42% of a JV with a multinational what are the chances Sproutly would get anything more than 15% of any JV with such a company. How do we know Sproutly didn’t speak to bigger players but didn’t like any potential deal? Or in the opposite direction, how do we know that any bigger players are interested in entering this space right now?
IMO, it’s more likely a Pernod comes in a couple years down the line when the bev sector has developed and the technology winners are clear. A Sproutly-Moosehead JV is an excellent take out target for a big multinational in several years if the cannabev category takes off.
It would be nearly impossible for a company of Sproutly’s size to negotiate a favorable deal with a multinational at this point in time.
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One more to share.
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Overall excellent deal
I'm sure many were starry-eyed with the prospects of a Behemoth global brand getting in bed with us, but I'm happy with the partner - Moosehead is a well respected, large brand with good products (IMO), mature distribution/logistics, and global presence.
There are way more pros than cons here - the largest by far being that the technology is now PROVEN by a sizable industry player that has committed to developing this new market segment with SPR. Being able to reference this deal is going to open so many doors for SPR in the CBD water/functional beverage space to other beverage brands looking to get into CBD. Same goes for other markets that SPR has rights to.
Having said that, the 5 year exclusivity is kind of a bummer. I get the logic - we are not even in the 1st inning of canna bevs, and they are using this period in Canada as a testing ground to launch in advance of the dominos falling in other jurisdictions. This arrangement gives them long term stability to grow their own brand instead of just being a reseller of technology.
Also on the finances, I hope we'll hear more details tomorrow on the call. In my mind I don't see how SPR isn't going for more dilution or debt to finance themselves for the next while. Either directly as a result of this deal or to fund their other opportunities in CBD or oils, they need money to stay afloat. I think they only had like $11m as of last November. Not bothered by it at all - it's just how it works in this industry, but worth noting.
Looking forward to the call tomorrow morning.
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Moosehead and Sproutly..
I read this is another board.. wanted to share with you..
Makes sense..
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ALL READ! Twisted Tea, Estrella Damm, Angry Orchard Cider
Twisted Tea, produced by Moosehead, is hardly an old mans brand and is extremely popular here in Canada. Almost everyone under 30 knows what Twisted Tea is, especially females. Also, Angry Orchard Cider is fairly well known.
Moosehead also brews for Estrella Damm which is a Spanish company, meaning they have a foothold in Spain, a country who has some of the most liberal cannabis laws in the world. If it becomes commercially legal in Spain this is a fantastic partner. Cannabis is currently legal for personal use and cultivation in Spain. CGC recently made a move into Spain, so maybe they know something is on the horizon there.
Moosehead is significant partner. Estimates put their annual revenue around 270-350 million (I know this varies year by year). If Moosehead was a publicly traded company their market cap should comfortably be 2 billion by my estimates (again, this varies month by month).
I realize a lot of people were expecting a publicly traded multinational with an insane market cap, but this is a very good deal for a company as new as Sproutly.
Moosehead is the 4th largest brewer in Canada...they only traily the massive multinationals. This is significant, people. Sproutly is basically an unheard of company and they landed the 4th largest brewer in Canada. Let that sink in.
While I’m at it, I should point out they are only the third cannabis company to announce a deal of some kind with a big alcohol company. This is pretty incredible given Sproutly’s market cap.
If Moosehead is partnering with Sproutly then Infuz2O is 10000% legit.
On Global Canna, I think the consensus is that the new management didn’t fancy this deal, or Global Canna is not in a position to further it.
Moosehead is NOT Global Canna. This venture WILL BE created in a timely fashion.
Like I said earlier, EVERY company who has announced a deal has seen significant selling and profit taking on the day of the deal. SELL THE NEWS is a real thing.
If anyone was expecting 200% gains in a single day then i’ll politely say they don’t know much about the stock market. A 200% move for a company with a 170m market cap would be quite the feat and would require an investment equal to the market cap of the company, or a pump and dump scheme.
That’s all I got for now. Sorry if I typo’d.
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UD/T - I mean the Joint venture... is that exclusive agreement limited to the Canadian Market?
Legend.. one thing I still do not have clear.. is this only for the CAnadian market????
Amen
This means they can enter another JV for Hemp based CBD beverages
Making the news..
This deal is making the news... we needed Sproutly to get more exposure... that will bring more buyers... there is a conf call May 1st... even more coverage and visibilty on what Sproutly can do. again, bringing new buyers... which is what we need.
I am long here.
Confidence is intact.
Remember, we have a DEAL now... validating the technology that only Sproutly has ... that is worth something for sure .
The ppt of the JV link here..
https://www.sproutly.ca/wp-content/uploads/2019/04/MHSC-Investor-Pres-v10.pdf
Sproutly Announces Joint Venture With Moosehead Breweries To Launch Cannabis-Infused Beverages In Canada
Lets see if this is a GREAT DAY !
Amen brother fish.
Welcome back up/down... Your energy was missed a bit here . ha!!!
Ogilvy and Mather
Read this in another board.. Wanted to share with you...
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Read between the lines folks. They've already told you what's about to happen. So I do not know why anyone would short this stock. The deal is done. It's just a matter of when they choose to announce it.
When Ogilvy and Mather signed Sproutly as a client earlier in the month it was confirmed. O&M only works with industry leading companies. And as far as know, not a single cannabis company. The only way I can see O&M taking a chance on a small unproven cannabis tech company like Sproutly is if someone whom O&M highly respects vouches for them and who O&M also believe will become an industry leader.
By the way, Coca Cola and Nestle are also O&M clients.
Take the man at his word. Dolo said a deal will be announced by the end of April. That's Tuesday folks!!! Patience is a virtue
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This is the tech we are betting on. A winner. Feeling even better glta.
Its 55 minutes long... But worth it
yep