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Sproutly Canada Inc.Technology-Powered Cannabis Products Company

Management PresentationOctober 2019

(CSE: SPR) (OTCQB: SRUTF) (FSE: 38G)

www.sproutly.ca

Notice to ReaderCertain information set forth in this presentation contains “forward-lookinginformation”, including “future oriented financial information” and “financial outlook”,under applicable securities laws (collectively referred to herein as forward-lookingstatements). Except for statements of historical fact, information contained hereinconstitutes forward-looking statements and includes, but is not limited to future M&Aactivity and completion of Sproutly Canada, Inc.’s (“Sproutly”) projects that arecurrently underway, in development or otherwise under consideration. Forward-looking statements are provided to allow potential investors the opportunity tounderstand management’s beliefs and opinions in respect of the future so that theymay use such beliefs and opinions as one factor in evaluating an investment.

The material assumptions upon which forward-looking statements in this presentationare based include, among others, assumptions with respect to: the Company's abilityto access financing on favorable terms to continue with its expansion plans anddevelop its business; the Company’s ability to obtain or maintain the requiredregulatory approvals; the Company's ability to attract and retain customers; thecontinuation of executive and operating management or the non-disruptivereplacement of them on competitive terms; and stable market and general economicconditions. The Company makes no representation that reasonable business people inpossession of the same information would reach the same conclusions. Although webelieve that the assumptions underlying forward-looking statements are reasonable,they may prove to be incorrect and we cannot assure that actual results will beconsistent with such statements. Given these risks, uncertainties and assumptions, youshould not place undue reliance on these forward-looking statements or theinformation contained in such statements.

These statements are not guarantees of future performance and undue reliance shouldnot be placed on them. Such forward-looking statements necessarily involve knownand unknown risks and uncertainties, which may cause actual performance andfinancial results in future periods to differ materially from any projections of futureperformance or result expressed or implied by such forward-looking statements,including the Company's requirement for additional funding to continue its expansionplans in Canada and the United States; the Company’s failure to obtain and/or maintainthe required regulatory licenses for its businesses; the Company's failure to retain keypersonnel and hire additional personnel needed to develop its business; And theCompany's business practice reputation being negatively affected by client or usercomplaints or negative publicity.

Although forward-looking statements contained in this presentation are based uponwhat management of Sproutly believes are reasonable assumptions, there can be noassurance that forward-looking statements will prove to be accurate, as actual resultsand future events could differ materially from those anticipated in such statements.Sproutly undertakes no obligation to update forward-looking statements ifcircumstances or management’s estimates or opinions should change except asrequired by applicable securities laws. The reader is cautioned not to place unduereliance on forward-looking statements. We seek safe harbor.

This presentation and the material contained herein are confidential and are not to bedisclosed to the public. This presentation is for information purposes only and may notbe reproduced or distributed to any other person or published, in whole or part, forany purpose whatsoever. This presentation does not constitute a generaladvertisement or general solicitation or an offer to sell or a solicitation to buy anysecurities in any jurisdiction. Such an offer can only be made by prospectus or otherauthorized offering document. This presentation and materials or fact of theirdistribution or communication shall not form the basis of, or be relied on in connectionwith any contract, commitment or investment decision whatsoever in relation thereto.The information in this presentation is not intended in any way to qualify, modify orsupplement any prospectus, listing statement, information circular or otherinformation disclosed under the corporate and securities legislation and stockexchange policies of any jurisdiction relating to Sproutly, Inc. No securities commissionor similar authority in Canada or any other jurisdiction has in any way passed upon theadequacy or accuracy of the information contained in this presentation.

Sproutly (CSE:SPR) | 2

NOT FOR DISTRIBUTION; NO OFFERING

Sproutly: Technology-Enabled Cannabis Products


Infuz2O Technology

Exclusive licensee of Infusion’s patent-pending APP

Technology in key regions

Controllable onset of effects within 5 mins and offset of

effects within 90 min

_______

Licensed Production Facility

Fully-operational with annual capacity of 1,400 kg high-

quality cannabis flower

APP Technology processing capacity of up to 10,000 kg

annually

_______

Superior Plant-to-Product Economics

Up to ~90% total cannabinoid recovery in Infuz2O and Oil

Solution

Highly scalable with low cap-ex and op-ex requirements

_______

Moosehead Joint Venture

Commercial application validated via partnership with

Moosehead to produce cannabis infused beverages

Significant development towards launching beverage products post-legalization

_______

Key Milestones Since Going Public


July 2018

CSE Listing Completed

August 2018

Entered into Exclusive Technology License with MTI

Receive Flower Sales License

Commence Sales of Cannabis Beverages with Moosehead JV

Received Cultivation License by Health Canada

June 2018

Acquired Infusion Biosciences Canada

August 2018

Completed $20.7 Million Bought Deal Financing

October 2018

February 2019

First harvest at THR Facility Completed

Received Processing/Oils License by Health Canada

March 2019

April 2019

Signed Definitive JV Docs with Moosehead Breweries

Commence Sales of Cannabis Oils and

Edibles

Discovered Breakthrough Testing Methods to Detect Cannabinoids in Water(1)

September 2019

Execute JV Implementation Documentation;

Announce JV Name and strategy

Commercial Launch of Caliber Brandand Commence

Flower Sales

(1) Finalizes Infusion Biosciences Canada Inc. Transaction

35%

55%

65%

45%

2014 2018

29%

55%

71%

45%

2019 2022

C$2.7 billion Cannabis 2.0 Market Opportunity in Canada


84% 92%76%

$4.19

$6.49

$12.63

Dried Flower Concentrates Edibles

Cannabis 2.0 Expected to Surpass Flower Sales Cannabis 2.0 – Increasing Profitability through Value Chain

Source: BDS Analytics, RBC, Grizzle, Deloitte

Colorado – Historical Market Share

Canada – Projected Market Share

FlowerConcentrates, Edibles, Beverages & Other

Revenue /$ of Production

Cost

Profit Margin

Cannabis derivatives products projected to surpass flower market share and grow to C$2.7bn annually as the Canadian legal market matures. This opens up the

untapped market for higher-margin cannabis derivative products.

& Beverage

Potential Catalysts in Canada

Confirmed or probable cases

1. Driving more consumers to the legal market (away from the black market)▪ Consumers will be more aware and incentivized to purchase regulated

products to mitigate the chance of consuming harmful chemicals.

2. Current and likely vape users to shifting to proven methods of consumption▪ Consumers may switch to other consumption methods (flower, edibles,

beverages etc.) with more certainty around the effects to their health.

3. More stringent vaping regulations/delay of product rollout/ban on vapes▪ Government will act in the best interest of citizens’ health; may increase

regulations causing delays or ban the use of cannabis vapes completely.

Cannabis Vaping Health Crisis – Future Outlook Uncertain


The recent breakout of pulmonary illnesses linked to cannabis vapes in the U.S. raises uncertainty to the future of vaping products in Canada. The negative

backlash (health risks, government delays/bans) is expected to increase the popularity of cannabis beverages in the meanwhile.

By the Numbers – Confirmed Vaping Illnesses in the U.S.(1)

Cannabis Vape Crisis - In the Media

Source: Bloomberg, CIBC, USA Today, Williamette Week, Washington Post(1) As at October 3rd, 2019

805

46

18

83%

States affected

Confirmed deaths

of victims under the age of 34States where deaths have occurred

Cannabis Beverage Market Estimate


Potential Canadian Cannabis Beverage Market:

$1.4 – $3.0 bn

“With regard to the potential size of the cannabis market in Canada,

if you take an average, then it suggests that this market may be

somewhere between $7 billion and $10 billion in market value, with

beverages somewhere between 20% and 30%”

Mark Hunter, President and CEO

Potential Canadian cannabis beverage market estimated at up to $3.0 billion at maturity. This does not account for additional market growth created

by naturally water-soluble based cannabis beverages and the recent vaping illnesses.

Source: Molson-Coors


TRADITIONAL PRESPECTIVE ON EXTRACTION INFUSION’S DISCOVERY & DEVELOPMENT ON EXTRACTION

Focus on Major Cannabinoids and Terpene Oils

▪ Preferred delivery as vaping liquids for inhalation and edible formulations that use oils.

▪ Artificial chemicals for emulsion and encapsulation are essential for dispersion in water for beverages (“Water-Compatible”).

▪ No experience or health benefits from water soluble nutrients and many other beneficial oils.

Focus on Naturally Water-Soluble Bioactives in Plants to Develop Beverages for Safe and Effective Delivery of Whole Plant Experience and Benefits

▪ Discovered and developed patent pending process to directly recover two whole plant molecular spectrums;

• 1) Naturally water-soluble molecular mix that includes bioactive cannabinoids and terpenes (“Infuz2O”) and;

• 2) Natural oils from cannabis and hemp plants (“BNO”) that provide a complete experience from the full spectrum of oils including the cannabinoids and terpenes.

▪ A variety of stable beverage formulations with a single or mixed cannabis strains that deliver rapid onset/offset for a unique user experience.

APP Extraction Technology is a fundamental paradigm shift within the cannabis industry. Replacing traditional “water-compatible” solutions with true natural water-solubility improves the body’s ability to utilize cannabinoids.

Infusion’s Scientific Discovery: Water-Soluble Cannabinoids

The Big Opportunity: Infuz2O – A Disruptive Technology

Sproutly (CSE:SPR) | 9Source: Aphria Inc, Infusion Biosciences

Infuz2O delivers a truly natural water-soluble cannabis liquid without the need for formulation techniques such as emulsification or encapsulation.

Cannabis Impact Over Time: Ingested vs InhaledInfuz2O Characteristics

Des

ired

Eff

ect

Precise Dosing – ability to deliver a measureable amount of cannabis

Formulation Versatility – numerous end-user applications

Discrete Consumption – odorless and smokeless

Experience – effects comparable to smoking and vaping

Predictable – less than 5 mins to feel effects, less than 90 mins to wear off

Time

Multi-Faceted Business Model


Flower

Recreational Beverages

Innovative THC Products

Hemp-Derived Beverages

Medicinal Tonics

Edibles

Health/Wellness

Sprays

Softgels/Tinctures

Moosehead Joint Venture

Sproutly Brands

Partner Brands

Sproutly Brands

Partner Brands

Infuz2O

BioNatural Oil (BNO)

Wholesale BNO

Proprietary APP Extraction

Purchased Cannabis

Internal Cannabis

Sale

s R

eve

nu

eSa

les

Re

ven

ue

Sproutly Brands Sales Revenue

Wholesale Revenue

Ingredient Sales to JV

50/50 JV Economics

Sproutly Moosehead Joint Venture


____________________________________

▪ Proprietary Technology for producing naturally water soluble cannabinoids (Infuz2O)

▪ Health Canada cannabis production and processing Licenses

▪ Fully-operating Indoor cultivation and processing facility located in the GTA

▪ Experienced team with decades of scientific and product expertise

50/50 JOINT VENTURE

__________________

▪ Canada’s oldest and largest independent brewer

▪ 152 years of experience in building and operating adult-based beverages in Canada

▪ 140+ million cans/bottles sold annually in Canadian, US state and in 15 other countries

▪ Oland family’s proven ability in building premium adult beverage brands (Moosehead, Alpine, Hop City)

▪ Established national supply chain and distribution capabilities in all provinces

▪ Premium infused cannabis beverages with controlled, strain-specific experience

▪ Almost instant cannabis onset of 5 min or less (vs. 30+ minutes others)

▪ Efficient and controllable experience offset of 60-90 minutes (vs. 2+ hours for others)

▪ Moosehead’s beverage formulation expertise to deliver great tasting beverage

▪ Matthew Oland, JV CEO – Oland family member and former Moosehead Exec

Leveraging 152+ years of adult beverage experience with a ground breaking cannabis technology to create premium cannabis beverage platform.

Significant Development in Business of the JV


Key Developments

Brand Development

▪ Leveraged Moosehead’s relationship with award-winning branding & design agency to develop a brand name, logo, identity and architecture. ▪ Developed strategy for positioning the Joint Venture in the market.▪ Created a corporate name and secured corresponding website domains and commenced website development.

Product Development

▪ Utilized experience and relationship with a leading global flavour and ingredient solutions company to lead the beverage base formulation.▪ Completed several rounds of product formulation testing, including:

• testing of beverage base to determine desired flavor profiles, sweetness, colour, and calorie targets;• exploring an array of THC mg dosages utilizing Infuz2O; and, • utilizing both Indica and Sativa cannabis strains to determine desired strain-specific characteristics.

▪ Evaluated numerous packaging (bottles and cans) and labeling options. ▪ Engaged third-party market research firm to conduct consumer research and product concept testing to explore end-user preferences.

Go-To-Market Strategy

▪ Completed initial round of presentations to provincial cannabis regulatory agencies and a selection of private retailers ▪ Identifying and assessing initial launch markets.▪ Leveraging Moosehead and Sproutly resources to develop detailed go-to-market strategy (provincial markets, pricing and product positioning

strategies)▪ Collaborating with top-tier brand and marketing agency for a marketing strategy including a strategy for potential in-store activation, education,

communication and merchandising.

Manufacturing, Logistics & Operations

▪ Determined that THR will utilize third-party contract manufacturers (co-packers) for the manufacturing of its initial products due to the Health Canada regulations requiring the segregation of cannabis-infused beverages from alcoholic beverage production.

▪ Assessed potential co-packers for the manufacture of initial products and commenced discussions with preferred provider.▪ Initiated and continue discussion with provincial cannabis regulatory agencies to determine supply chain logistics to inform the go-to-market

strategies including supply-chain and national product distribution.▪ Evaluated a number of third-party distribution companies for shipping and logistics services.

Leveraging 152+ years of adult beverage experience with a ground breaking cannabis technology to create premium cannabis beverage platform.

✓

✓

✓

✓

Select Cannabis Beverages in the U.S. Market

Sproutly (CSE:SPR) | 13Source: Company Websites, Leafly

Product Name Dixie ElixirsRipple

(Stillwater Brands)Cannabis Quencher

Keef Brands(Sparkling Water)

Happy Apple Cider Lagunitas Hi-Fi Hops Infuz20

Onset Time 30-60 minutes 20 minutes 30-60 minutes 30-45 minutes 30 minutes 30 minutes 5 minutes

Offset Time 6 hours 4 hours 6 hours ~3 hours 4-6 hours 4-6 hours 1.5 hours

Technology Emulsified Oil ExtractDehydrated &

Emulsified Oil ExtractEmulsified Oil Extract Emulsified Oil Extract Emulsified Oil Extract Emulsified Oil Extract

Naturally Water-Soluble Cannabinoids

Flavor Profile Multiple (Fruity) Tasteless Multiple (Fruity) Citrus Apple Cider Hoppy Flexible

Calories/Bottle Various 0 cal 20 cal 0 cal 140 cal 0 cal Flexible

Serving Type Multiple ServingPackets

Multiple ServingSingle Serving Single Serving Single Serving Single Serving Flexible

Cannabis Content 100mg THC 100mg THC 25mg THC 10mg THC 10mg THC 10mg THC Flexible

$USD/mg THC $0.23 $0.33 $0.64 $0.60 $0.80 $1.10 TBD

States Available CA, CO, NV CO CA CO, CA, AZ, MI, NV WA CA N/A

Infuz2O vs. Status Quo Formulations


Select Cannabis Beverages in the U.S. Market

Competitor #3

Competitor #2

Competitor #1

Sproutly

Infuz2O’s true water-solubility allows the solution to fully-dissolve in water, creating a clear finished product. ‘Water-compatible’ cannabis beverages currently in the market show obvious signs of clouding and residue.

Infusion Product Formulation Examples


Beverages Edibles

Tinctures Topicals

Bio-Natural Oil: Plant-to-Product Technology


▪ Onset as early as 25 minutes

▪ Offset of 4+ hours similar to other oils

▪ Retains strain specific nuances and whole plant experience

▪ Recovered directly in pre-customized carrier oil and ready forconsumption as a cannabis oil or processed further

▪ May be fractionated by routine distillation methods into separatemolecular subpopulations (cannabinoids, terpenes, other oils)

▪ May be used in all products that are now made using oils produced byother processes (such as solvent extractions or supercritical fluidextraction followed by polishing)

▪ Homogeneously dissolved in natural oil already in human use (GRAS)

▪ Customized for desired use by client

▪ Can be sold as is as cannabis oil in Canada

▪ Predictable onset and offset time

▪ No need for de-waxing / winterization

▪ May be formulated into:

▪ Water-based products using off-the-shelf technology

▪ Edibles

▪ Topicals

Pre-Customizable Carrier Oil

Proprietary Oil Recovery Process

Post Infuz2O Product

MCT Oil

Tinctures

Capsules

Candies

Jellies

Olive Oil

Baked Goods

Savoury Foods

Nutritional Oils

Baked Goods

Topicals

Coconut Oil

Caramels

Baked Goods

Butter

Illustrative Product FormulationsBNO Characteristics

BNO Benefits

Licensed Production Facility –Toronto Herbal Remedies Inc.

Sproutly (CSE:SPR) | 17(1) 1,000 g per grow light times five cycles per year

16,600 sq. ft.Production Facility

1,400 kg / yearPotential Production Capacity(1)

$32 million

Level 9 Vault Capacity

Premium quality cannabis production capabilities located in the Greater Toronto Area

Production Capabilities

▪ 1,400 kg of flower annually

▪ 10,000 kg of APP Technology extraction capacity annually

Specifications

▪ Closed-loop production with pharmaceutical-grade grow rooms

▪ State-of-the-art HVAC, lighting, watering and control systems

▪ In-House, ready-built, state-of-the-art testing lab will ensuresuperior, contaminant-free product

Premium Cannabis Brand: Caliber


CALIBER: High Quality Cannabis Products for Connoisseurs Product and Brand Prototype

Caliber intends to launch in Canada with two initial product offerings;

Indoor Flower: Small-batch grown flower in a controlled, indoor environment toensure for consistent and superior product.

Bio-Natural Oil (BNO): High-quality oil produced by a natural and gentle patentedrecovery process (APP technology) which retains the full strain characteristics fromthe flower which the oil is made from.

Caliber is positioned as premium, high-quality brand amongst experienced cannabis users known as “connoisseurs”.

1st place – 2018

Cannabis Cup

Caliber is Sproutly’s flagship brand for its premium, high-quality cannabis products. The brand is positioned to target the cannabis connoisseur, interested in high quality cannabis products placing emphasis on experience, genetics, and aroma.

4.4 Stars –

Leafly

Management Team & Board


Keith DoloChief Executive Officer & Director▪ Recently served for over 13 years with Robert Half, an S&P 500, NYSE listed company

with the role of Vice President for over 8 years .▪ Sits on an advisory committee and a board position for two non-profits in

Vancouver, BC.

Dr. Arup SenChief Science Officer & Director▪ 35+ years of experience in research and executive positions at biotechnology and

pharmaceutical companies, having negotiated and managed licenses and jv with J&J,Biomet, GCC and Tokuyama Soda of Japan, Eastman Kodak and Sandoz/Novartis

▪ Ph.D. in biochemistry from Princeton University and former faculty member at theNational Cancer Institute and Scripps Research Institute.

Craig LoverockChief Financial Officer▪ Mr. Loverock is a Chartered Professional Accountant with over 20 years’ experience

in accounting and finance roles in Canada, the USA, and UK.▪ He brings with him public company reporting and transactional experience having

served as the Senior Financial Advisor to the Chairman at Magna International

Melise PanettaVP Marketing & Sales▪ Most recently led the sales strategy as Director of Sales for SC Johnson, a privately

held global consumer packaged goods company▪ Responsible for delivering profitable category and brand growth for 200+ customers

across multiple classes of trade▪ Previously held roles of increasing responsibility at PEPSICO for 8 years

Michael BellasIndependent Director▪ Founder, Chairman, and CEO of Beverage Marketing Corp, a leading consulting,

research, and advisory services firm dedicated to the beverage industry▪ Over 45 years’ industry experience▪ Mr. Bellas has also led numerous M&A and valuation engagements

Constantine ConstandisIndependent Director▪ Global C-level executive with 34 years industry experience in the wine and spirits

industry in Canada, USA, Europe, and Asia▪ Former senior executive with Pernod Ricard SA (RI:EN Paris), the EUR 37bn publicly

traded producer of wine and spirits▪ Previously the CEO of Corby Spirit and Wine Ltd (TSX: CSW.A)

Gregg OrrIndependent Director▪ CPA with extensive experience in public markets▪ British Columbia mining leader for Deloitte for 6 years, and partner for 10▪ Mr. Orr has extensive M&A, financing, and system integration experience

Justin KatesIndependent Director▪ Partner at DuMoulin Black, practicing in securities, corporate finance, mergers &

acquisitions, and corporate and commercial law▪ He received his J.D. from the University of Western Ontario in 2008 and his Bachelor

of Business Administration from Western Michigan University in 2004

Capitalization & Trading Performance


Cap Table & Balance Sheet Highlights Year-to-Date % Change(1) – Sproutly vs. HMMJ(4)

Historical Trading Performance(1)

Cap Table(1) Sproutly % F.D.

Management and Insiders 106.2 38.0%

Investors 121.6 43.5%

Basic Shares Outstanding 227.8 81.5%

Convertible Debentures 11.0 3.9%

Options(2) 15.7 5.6%

Warrants(3) 8.9 3.2%

Warrants – Equity Special Warrants 7.7 2.8%

Warrants – CD Special Warrants 5.8 2.1%

Broker Convertible Debenture Warrants 1.8 0.6%

Broker Equity Warrants 0.9 0.3%

Fully Diluted Shares Outstanding 279.6 100%

Balance Sheet (5/31/2019) C$ Millions

Cash 3.9

Other Current Assets 2.2

Current Liabilities 5.2

Non-current Liabilities 9.6

-40%

-20%

0%

20%

40%

60%

80%

2019-01-02 2019-03-02 2019-05-02 2019-07-02 2019-09-02

SPR HMMJ

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

$1.00

2018-07-03 2018-10-03 2019-01-03 2019-04-03 2019-07-03 2019-10-03

Volume Price

(1) As at October 7th, 2019(2) Weighted Average Strike Price of $0.33(3) Weighted Average Strike Price of $0.64(4) HMMJ is an ETF that seeks to replicate, to the extent possible, the performance of the North American Marijuana Index

Appendix.


Proprietary APP Technology

APP yields two truly unique cannabis extract products, including the world’s only naturally water-soluble cannabis liquid without the use of artificial chemicals and harsh physical treatments.

“Naturally Water Soluble “ - Infusion Biosciences’ Proprietary APP Technology

2 Step “Soak and Strain” Method: Patent pending process that uses custom GRAS certified reagentsformulated for different plant materials (no artificial chemicals, no harsh physical treatments)

Step 1Soak in proprietary water

reagents; strain/filter to recover naturally water-soluble entourage

Step 2Soak plant material strained from step 1 in

proprietary natural oil reagents; strain/filter to recover free oil entourage

“Water Compatible” – In the Market Today

Co

mp

etit

ors


Moosehead Joint Venture Highlights


Partnership with the Oldest and Largest Independent Brewery in Canada▪ 152+ years of brewing experience through six generations of family ownership ▪ 140+ million beers sold annually throughout Canada, the United States and in 15 other countries around the world▪ Oland family’s proven ability in building, marketing and selling industry leading beers such as Moosehead Lager, Moosehead Radler, Alpine, and Hop

City Barking Squirrel

Competitive Advantage Driven By Infuz2O▪ JV beverages deliver the cannabis effect as early as 5 min and last up to 90 min, providing an edible cannabis experience similar to traditional

flower cannabis without the need to inhale smoke▪ Ability to solve the industry challenges of overconsumption or an uncontrolled experience of oil-based edibles and beverages▪ Capability to produce a clear cannabis beverage that is much easier and faster to formulate than its competitors who will be using

emulsifiers, encapsulation or chemical modification techniques▪ Ability to deliver functional beverages that address a “need state” by producing cannabis strain specific experiences ▪ Natural Infuz2O process allows for a premium consumption experience and taste profile

JV Well Positioned to Enter Cannabis Beverage Category Upon Legalization ▪ Moosehead’s beverage experience and R&D formulation capabilities will ensure that the cannabis beverages produced will be premium in

quality and have a great taste profile▪ Moosehead’s established operational infrastructure will allow the Joint Venture to fast track its go-to-market strategy▪ Sproutly’s cultivation facility and processing license will advance the formulation work that has already been completed to date

Alignment of Interests▪ The Joint Venture is structured as a 50/50 equity ownership▪ Mathew Oland, one of Moosehead’s senior executives and Oland Family member, to lead the Joint Venture as Chief Executive Officer▪ Moosehead to provide infrastructure support such as R&D, operations, procurement, finance, and distribution▪ Sproutly to provide proprietary custom compositions using Infuz2O for cannabis beverages in Canada ▪ JV will have exclusive rights to utilize Infuz2O for cannabis beverages for a period of 5 years with a possible 2-year extension ▪ Ability for the JV to enter the European market once recreational cannabis use is legalized

For Additional Information Please Contact

Keith DoloChief Executive [email protected]

(CSE: SPR) (OTCQB: SRUTF) (FSE: 38G)

www.sproutly.ca

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