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CEO Keith Dolo Discusses Sproutly’s Value Proposition With Respect to Legal Cannabis, and the Company’s Unique Advantage in the Beverage and Edibles Category
SPROUTLY ANNOUNCES JOINT VENTURE WITH MOOSEHEAD BREWERIES TO LAUNCH CANNABIS-INFUSED BEVERAGES IN CANADA
VANCOUVER, BC, April 30, 2019 – Sproutly (OTCQB: SRUTF, CSE: SPR, FRA: 38G) (“Sproutly" or the “Company”), and Moosehead Breweries Limited (“Moosehead”), are pleased to announce that they have entered into a definitive agreement (the “Joint Venture Agreement”) to form an exclusive joint venture (the “Joint Venture” or the “JV”) to develop, produce, and market non‐alcoholic cannabis-infused beverages in Canada using Sproutly’s proprietary, naturally produced water soluble cannabinoids known as ‘Infuz2O’. Both companies will bring their respective strengths to the joint venture to develop a line of great tasting cannabis beverages featuring a rapid onset and offset effect unique to the category.
