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Bullboard - Stock Discussion Forum 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... see more

GREY:NEPTF - Post Discussion

Neptune Wellness Solutions Inc > Neptune Launches Sprout Products in Canada
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Post by Johnny1a on Jul 27, 2021 9:23am

Neptune Launches Sprout Products in Canada

Neptune Announces Initial Launch of Sprout Products in Canada

07/27/2021

LAVAL, QC, July 27, 2021 /CNW Telbec/ -  Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified health and wellness company focused on plant-based, sustainable lifestyle brands, announced the initial launch of Sprout Organic Foods products into Canada in Metro grocery stores in the province of Ontario.

This initial launch of Sprout Food organic toddler snacks includes four new SKUs and is featured in the Metro in-store flier.  The initial launch includes Broccoli Curlz and White Cheddar Curlz toddler snacks as well as Blueberry Apple and Pumpkin Butter & Jelly Wafflez toddler snacks.  Later this summer, the Company will expand its Metro offerings with additional SKUs from its Crinklez toddler snacks.

Neptune Wellness acquired a majority stake in Sprout in February 2021 as a strategic acquisition to diversify its health and wellness brand portfolio to leverage against the Company's expansive retail distribution network.  Since the acquisition, the Company has expanded Sprout baby foods and toddler snacks into substantially all Target U.S. stores, Walmart.com, and other retail outlets.  Sprout's expanded distribution into Metro stores is a continuation of the Company's strategy to grow sales through retail channel expansion utilizing Neptune's deep international expertise.  Additionally, the Company will leverage its licensing agreement with CoComelon, the number one children's learning and entertainment show in the world with more than 100 million YouTube subscribers, later this year

Comment by Sopranos1 on Jul 27, 2021 10:39am
and the price drops..Excellent Mikey C. Great work, from the fiasco of the stock offering until today, you have managed a 70% drop since you became CEO!
Comment by Careless2again2 on Jul 27, 2021 11:29am
...had enough of your billshul...ignore...like you care...
Comment by Johnny1a on Jul 27, 2021 12:06pm
Careless2again2as we all know there is an abundance of complainers world wide. Nothing makes them happy. I for one am very pleased with this news  and hopeful that skus continue to become more and more abundant. It's a no brainer as sales increase and the shift continues to plant based foods and products so will the stock. 
Comment by Careless2again2 on Jul 27, 2021 12:19pm
Yes, I agree.  I find it to be great news as we are breaking into Canada. The groundwork has been set and the road to profiitability is on the way.
Comment by Sopranos1 on Jul 27, 2021 2:10pm
the news was decent but not that great Johnny..if you know Metro, they are a 2nd tier grocery group and only on the east coast..how do i know? have sold to them and larger groups like Suoerstore and Sob's ..! Head office is in Montreal for Metro.. No brainer to sell to them since head office is in Quebec..how about selling to the #1 or #1 Superstore or Sobeyes..you need real sales team for ...more  
Comment by Sopranos1 on Jul 27, 2021 2:13pm
This post has been removed in accordance with Community Policy
Comment by Sopranos1 on Jul 27, 2021 3:45pm
This post has been removed in accordance with Community Policy
Comment by Sopranos1 on Jul 27, 2021 3:46pm
This post has been removed in accordance with Community Policy
Comment by Sopranos1 on Jul 27, 2021 5:37pm
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Comment by goldstory on Jul 27, 2021 11:37am
An imbecile on this board loves to say, "Tell the whole story, not just part of it." The whole story is all in the stock price.    In fact, MC hides the whole story all the time.   The reason that the SP is not going up with this GOOD news is that investor is now wondering, "so what is going to be the operation cost for this?"  I hope that there is no ...more  
Comment by Careless2again2 on Jul 27, 2021 12:03pm
...you're gone too...Jeckess...
Comment by goldstory on Jul 27, 2021 12:37pm
Imbecile coming out steatement.  LoL
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