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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AI
