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Progress has been made in all areas, from testing the product to evaluating distributors.

Sproutly Canada Inc. (SPR:CSE; SRUTF:OTCQB) provided in a news release an update on its development of cannabis-infused beverages through its joint venture with OCC Holdings, a Moosehead Breweries affiliate.

Joint venture CEO Matthew Oland, a former Moosehead senior executive, said his team has made significant pre-commercialization strides regarding the beverages it intends to sell in the Canadian market through Toronto Herbal Remedies Inc. (THR), Sproutly’s Health Canada-licensed cannabis producer.

“I am confident in our ability to deliver a great tasting beverage to Canadians that provides a controlled, strain-specific cannabis experience utilizing Sproutly’s naturally water soluble cannabinoids known as Infuz20,” Oland said in the release.

– Read the entire article at Streetwise Reports.

https://www.cannabisculture.com/content/2019/10/10/jv-with-moosehead-breweries-readying-cannabis-infused-beverages-for-commercialization/

Associated Press

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