Neptune Wellness Solutions Inc NEPTF

Healthcare Psychedelics

Neptune Wellness Solutions Inc. is a consumer-packaged goods company that is primarily focused on health and wellness products. The Company focuses on developing a portfolio of consumer products that align with the market trends for natural, sustainable, plant-based, and purpose-driven lifestyle brands. Its products are available in more than 29,000 retail locations and include organic food and beverage brands, such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. Its main brand units are nutraceuticals and organic foods and beverages. The Company sells its nutraceutical products mainly in bulk soft gels or liquids to multiple distributors and customers, who commercialize these products under their private label. The Company, through its Sprout subsidiary, sells its organic foods and beverages products to mass retailers, grocery stores and other retail outlets, as well as online through e-commerce sites and its own Website.

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Neptune Wellness Solutions Inc

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Comment by goldstoryon Mar 19, 2019 10:38am

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Post# 29504948

RE:Seeking Alpha's

Increasing the production capacity to 200T should be completed by the end of this month according to their last presentation, but the approval will come in June-July time frame.
It doesn't look like that the Sales license is the highest priority to Neptune management.
The Neptune management wants to build the system including invoice system for BtoB sales first.

I am expecting an announcement for the completion of the production capacity increase by the end of this month.

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