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Neptune Wellness Solutions Inc NEPTF

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.


GREY:NEPTF - Post by User

Comment by Intuitx2on Nov 11, 2019 10:47pm
40 Views
Post# 30337903

RE:I wonder, did NEPT talk to places like Walmart, Kroger,

RE:I wonder, did NEPT talk to places like Walmart, Kroger, This is why I think Jim Hamilton, former CEO, decided to leave NEPT because he did not agree with the retail strategy seeing it as too risky and diverting the company away from it's core comptency of being a world leading extractor.  I recall Jim mentioning during one of the video interviews on Midas Letters after the SugarLeaf deal was announced and when questioned about what they would be doing with Forest Remedies, Jim replied something to the effect, that's still being looked at....but at the time Jim alway stressed NEPT was a B2B company with white label, turn key solutions and I think Moretz might have been the one pushing for a retail B2C strategy because of the huge mark up per Kg from bulk extract to selling a container of balm with 25mg of CBD and seeing the huge profit margins involved....did greed over take common sense....did Jim Hamilton leave because of that and Moretz brings in the new "yes boy" CEO Mike?  That's what I'm seeing and I think this new CEO is going to fk things up and it's already been shown by not ramping up to 200,000 Kg ethanol when it was approved back in June 2019 and then missing another deadline by 30 days.  

Compared to the astuteness and caliber of Jim Hamiltion, I see the existing CEO as an idiot.  

I hope the idiot proves me wrong, but the facts so far tell me otherwise with key execution dates and opportunities in extraction missed.  
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