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TheraCann and Sprout AI Gear Up for Amalgamation
Company Announcements

TheraCann and Sprout AI Gear Up for Amalgamation

Sprout AI, Inc. (TSE:BYFM) has released an update.

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TheraCann International and its subsidiary Sprout AI Inc. have completed their 2023 fiscal year audit and are moving forward with a shareholder meeting to finalize their amalgamation. The meeting, set for no later than August 19, 2024, will be a pivotal moment for both entities as they aim to unify their governance structures and bolster their presence in the agricultural technology sector. Key board and executive changes are being made to drive the companies’ strategic direction, including the appointment of Mr. Brian Nolan, who brings over 15 years of experience in regulated industries and indoor vertical farming technologies.

For further insights into TSE:BYFM stock, check out TipRanks’ Stock Analysis page.

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