NEW YORK, Dec. 11, 2018 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a client of NNW focused on becoming the leading supplier to the cannabis beverage and edibles market.
The interview can be heard at http://nnw.fm/o6H35
NNW’s Stuart Smith introduces Sproutly president and CEO Keith Dolo in an interview that highlights the company’s strategy to pave a leading-edge in the cannabis industry.
Dolo explains Sproutly’s mission to become the leading supplier to the cannabis beverage and edibles market. The company is a Canadian licensed producer that operates a purpose-built facility in Toronto with intent to cultivate high-quality, pharmaceutical-grade cannabis utilizing a revolutionary technology gained through its recent acquisition of Infusion Biosciences. The move allows Sproutly to combine purpose-built capabilities and premium cannabis to create what Dolo describes as, “the world’s first and only truly water-soluble cannabis solution and bio-natural oils.”
According to Dolo, these will deliver revolutionary brands and top-products to both Canadian and international markets that are distinguished among traditional oils and beverages currently available.
Sproutly’s delivery process allows consumers to control the dosing via a water-soluble cannabis solution. The technology enables the capability of bio-availability and effects within five minutes (rather than the standard 45 to 120 minutes) and output/removal of effects between 60 and 90 minutes (instead of the standard effects lasting anywhere from four to eight hours, or up to one or two days for products currently on the market).
Dolo then discusses Sproutly’s plan to market its products internationally in 2019. The company’s recent venture with Global Canna, the largest tier 3 producer in Jamaica and all of Montego Bay, will enable creation of unique Jamaican-based products from their grow facilities to be distributed throughout the Caribbean. The company is further pursuing additional distribution agreements, with a focus on Canada, Jamaica, Israel, Australia, and the entire European Union throughout countries that allow shipping, distribution and consumption of regulated cannabis products.
With a leadership team that combines decades of in-depth experience, including expertise growing well-known Fortune 200 and 500 companies and experience in the CBD and beverage space both in North America and internationally, Dolo claims that, “As much as we right now are a cannabis company, if you will tune in in about 30 to 60 days, you’ll see our company graduate to more of a CBD beverage organization.”
For investors looking at Sproutly, Dolo notes, “As the industry determines how to solve the problems with beverages and the quick onset, the quick offset and the formulation capacity, essentially, Sproutly and our Infusion Biosciences [subsidiary] have really already solved the issues that plague the cannabis beverage and edibles industry… We’ve created a number of unique products and formulations with extremely fast onset and fast offset profiles to allow individuals to control the doses.”
This, Dolo explains, combined with the company’s unique business model and its positioning as a licensed producer and technology company create distinct advantages for Sproutly.
About Sproutly Canada, Inc.
Sproutly’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. The company’s water-soluble ingredients and our bio-natural 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 their 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 on Sproutly, visit the company’s website at www.Sproutly.ca.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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