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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 goldstoryon Feb 16, 2021 7:17pm
161 Views
Post# 32580673

RE:RE:It puzzles me.

RE:RE:It puzzles me.Same here.  I didn't sell my shares either.  LoL
I concerned if Nept had the exit strategy from the hand sanitizer business or not.  Those business can't be lasted long since the barrier is so low.   I don't know what consists of the 100M ordesr, but I believe that the substantial portion of the orders probably is about these sanitization/health related goods.

The problem of sudden jump from B2B to direct B2C model is that the initial loss is too big.   I was hoping the smooth gradual transition, but it turned out to be very brutal.  Well, we got to wait another qtr to see some result.  

TBH, I don't like MC's management style at all, but I have to wish him success on his plan because I put too much on this stock and have waited long.

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