Neptune Wellness Solutions Inc NEPTF

Neptune Wellness Enters Plant-Based Food Sector With Control

[AwareInvestor]

Neptune Wellness appears to be pivoting its business model yet again. The CBD-turned-Covid-19 focused firm is now getting into the world of organic plant-based food.

https://thedeepdive.ca/neptune-wellness-enters-plant-based-food-sector-with-controlling-interest-acquisition-of-sprout-foods/

[ando]

Great Great move. Sustainability is the play these days. NEPT is in every segment of it. $$$$ will be pouring in from many streams

[lscfa]

Makes no sense. No synergies between baby food, cannabis derivatives, krill oil. 

[Johnny1a]

Makes sense to me. A puzzle has many pieces, once mikes puzzle completed. All duck in row so to speak the sky is the limit.  Heck why not plant based cars. They used plastic instead of metal in cars during war. So convert plant into plastic. You have to not be focused on small picture. Gut feeling this company will far surpass most mj company's with diversification 

[lscfa]

Paying less than 1x sales suggests low profit business. 

[seanj1]

Well here is your news. But it is not all and more is to come. CBD in CPG, we should hear about this soon. Nice jump today..

[Wellness]

Nice syngeries as outlined in the release: "Through the acquisition of Sprout, Neptune accelerates its ongoing transformation into a disruptive consumer packaged goods company, providing customers with innovative health and wellness brands that harness the power of plant-based super ingredients." "We are thrilled to welcome Sprout into the Neptune Wellness family and to be working