Neptune Wellness Solutions (TSX: NEPT) (NASDAQ: NEPT), a health and wellness company focused on extraction, purification and formulation of cannabinoids, today provided corporate updates and initiatives in advance of its participation at the Annual ICR Conference in Orlando, Florida being held on January 13-15, 2020. Neptune’s CEO, Michael Cammarata, will present and meet with investors at the event. Among other updates, the company reported that it has deployed several efforts to accelerate its growth in the B2C markets and plans official launch of its Forest Remedies(TM) brand, which is expected to occur in February 2020. Public relations and marketing campaigns under Neptune’s partnership with American Media LLC will support the launch that will consist of hemp-derived wellness products including ingestibles, such as soft gels and oils, topicals and a pet soother.
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About Neptune Wellness Solutions Inc.
Neptune Wellness Solutions specializes in the extraction, purification and formulation of health and wellness products. The Company has in excess of 100 customers across several verticals including legal cannabis and hemp, nutraceutical and consumer packaged goods. Neptune’s wholly owned subsidiary, 9354-7537 Québec Inc., is licensed by Health Canada to process cannabis at its 50,000-square-foot facility located in Sherbrooke, Quebec. The Company also has a 24,000 square-foot facility located in North Carolina to process hemp biomass into extracts. Neptune brings decades of experience in the natural products sector to the legal cannabis and hemp industries. Leveraging its scientific and technological expertise, the Company sees applications for hemp-derived extracts in the U.S. beyond existing markets and product forms and into personal care and home care markets. Neptune’s activities also include the development and commercialization of turnkey nutrition solutions and patented ingredients such as MaxSimil(R) and a variety of marine and seed oils. Its head office is located in Laval, Quebec. For more information, visit www.NeptuneCorp.com.
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