Neptune Wellness Solutions Inc.(NASDAQ:NEPT)
- Ticker 2:TSE:NEPT
- CEO:Michael Cammarata
Neptune Wellness Solutions Inc. (NASDAQ:NEPT) Stock Price
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Neptune Wellness Solutions Inc.(NASDAQ:NEPT) Company Overview
Neptune Wellness Solutions Inc. leads the charge in cannabis and industrial hemp extraction and product formulation.
Starting out in extracting omega-3 from krill oil and building omega-3 brands over ten years ago, Neptune is no stranger to the extraction game.
Quickly emerging as one of Canada's leading cannabis and hemp processors, Neptune utilises "unparalleled scientific and technological expertise" coupled with the large-scale capacity to extract, process and formulate quality products.
Neptune operates a state-of-the-art facility in Sherbrooke, Quebec that focuses on the development of value-added and differentiated products for the Canadian cannabis, global medical cannabis and industrial hemp markets.
In less than a month since naming new CEO Michael Cammarata's in June 2019, Neptune raised CA$41 million in funding.
Total revenues for the twelve-month period ending March 31, 2020, increased by 21%, driven primarily by increases in cannabis segment revenues.