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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

Post by Johnny1aon Jul 09, 2021 3:45pm
179 Views
Post# 33522438

Good news

Good news

Near Billion-Dollar Cannabis Acquisition Signals More Hyper Valuations to Come

43 minutes ago by PR Newswire
 

USA News Group - As part of its recent cannabis M&A spree, HEXO Corp. (NYSE: HEXO) (TSX: HEXO) spent nearly another billion dollars, acquiring Canada's largest privately-owned licensed cannabis producer Redecan for C$925 million. By adding Redecan, HEXO continues to grow its large portfolio of brands and production operations, as well as new cannabis 2.0 extraction-based products. Because of the size of the deal, the potential values of other Canadian cannabis brands, producers and extractors could be on the rise as additional M&A activity begins to swell in the leadup to potential legalization in the USA. Other Canadian companies that have been positioning themselves in this field include Pure Extracts Technologies Corp. (OTC: PRXTF) (CSE: PULL) (XFRA: A2QJAJ), The Valens Company (OTC: VLNCF) (TSX: VLNS), Medipharm Labs Corp. (TSX: LABS) (OTC: MEDIF) and Neptune Wellness Solutions Inc.(NASDAQ: NEPT) (TSX: NEPT

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