• Sprout AI (BYFM) has received a purchase order for 30 Sprout AI V2 habitats
  • This order, scheduled to be delivered in Q3 2022 is valued at US$450K
  • TheraCann, has entered into a 5-year managed services agreement build and manage a facility designed to host up to 450 Sprout AI Habitats
  • Sprout AI is a vertical farming technology company
  • Shares of Sprout AI Inc. (BYFM) opened trading at C$0.11

Sprout AI (BYFM) has received a purchase order for 30 Sprout AI V2 habitats from its non-exclusive distributor TheraCann International.

This order, which is scheduled to be delivered in Q3 2022 is valued at US$450K.

Chris Bolton, CEO of Sprout AI sat down with Dave Jackson to discuss the purchase order.

TheraCann, has entered into a 5-year managed services agreement (MSA) with its client to build a facility designed to host up to 450 Sprout AI Habitats. This purchase order will represent the first order of the full build-out.

Sprout AI is a vertical farming technology company that designs and manufactures sustainable and scalable AI-controlled cultivation equipment for indoor farming.

Shares of Sprout AI Inc. (BYFM) opened trading at C$0.11.

More From The Market Online

@ the Bell: TSX starts May flat

Utilities led the gainers on the TSX while energy led the drop on falling oil prices, followed by the mining sector.

@ the Bell: Could the TSX keep hold of recent gains?

The biggest drag on the TSX was sustained by the heavyweight energy and mining sectors, while industrials and utilities also fell.
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Critical raw materials pioneer drives Europe’s clean energy transition

Leading Edge Materials Corp. (TSXV:LEM) offers an exciting proposition as it stands at the forefront of the critical raw materials sector.