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TICKERS: SPR; SRUTF

Cannabis Company Expands Operations with New Plant
News Update

Source:

The firm will use this second manufacturing facility only for making reagents.

Sproutly Canada Inc. (SPR:CSE; SRUTF:OTCQB) added another manufacturing facility to its operations, near its Toronto Herbal Remedies production facility in Scarborough, Ontario, it announced in a news release.

"This expansion is being designed and constructed to be compliant with European Union general manufacturing practices specifications, which will enable Sproutly to manufacture proprietary reagents for use not only in Canada, but also for distribution into other global markets," Chief Executive Officer Keith Dolo said in the release.

Having a single location for making reagents will help Sproutly achieve the required product quality and consistency and lower manufacturing costs, the company stated. Also, the new plant will allow Sproutly to contain its operations in the Greater Toronto area.

Cannabis and cannabis-containing products will not be manufactured at the new location. Rather, Sproutly will use Toronto Herbal Remedies solely for cannabis production and finished goods manufacturing.

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