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Neptune Wellness Solutions Inc NEPTF

Consumer Defensive Household & Personal Products
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

Neptune Wellness Solutions Inc
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Post by Johnny1aon Mar 25, 2022 8:04am
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Post# 34544376

Cannabis Stocks on the move

Cannabis Stocks on the move

Mar 23, 2022

Cannabis Stocks Rise on Acquisition of Columbia Care, TerraFarma

10:03AM ET on Wednesday Mar 23, 2022 by MT Newswires
 

10:03 AM EDT, 03/23/2022 (MT Newswires) -- US-listed cannabis stocks jumped in morning trading on Wednesday after Cresco Labs agreed to acquire Columbia Care and Aurora Cannabis (ACB) said it would buy TerraFarma.

Tilray Brands (TLRY), Canopy Growth (CGC) and Sundial Growers (SNDL) gained 7%, 4%, and 4%, respectively, in recent trading.

Earlier on Wednesday, cannabis producer Cresco Labs said it has agreed to acquire Columbia Care in an all-stock deal valued at $2 billion. The deal is slated to be completed in Q4.

Late Tuesday, Aurora Cannabis said it would acquire Thrive Cannabis' parent company, TerraFarma, in a $38 million cash-and-stock deal. The transaction is set to close in Aurora's fiscal Q4.

Price: 6.00, Change: +0.32, Percent Change: +5.63


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