Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today the appointment of David Mayers as Chief Operating Officer.
Shares of cannabis extraction specialist Neptune Wellness Solutions (NASDAQ: NEPT) closed 8.6% higher on Tuesday, following the company's announcement of a new six-month extraction partnership for hemp processing. Under the terms of this deal, Neptune will take in revenue of at least $16.5 million in total by processing 44,000 kilos of crude and distillate extracts from hemp.
LAVAL, QC , May 12, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), a leader in natural health and wellness products, is pleased to announce today the launch of Neptune Air, a non-contact infrared thermometer (NCIT) optimized for measuring a person's temperature while reducing cross-contamination risk and minimizing the risk of spreading disease. Neptune is developing multiple versions of Neptune Air for consumers, businesses and government customers, including white label turnkey solutions, and is currently shipping to a large North American distributor of first aid and safety products. The launch and expansion of Neptune Air is expected to allow Neptune to rapidly increase North American supply of safe and effective thermometers, which we believe have been in short supply since the COVID-19 outbreak.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today that the Company has entered into an exclusive partnership with legendary wildlife conservationist, Dr. Jane Goodall to co-develop natural health and wellness products under the Forest Remedies™ brand, the plant-based wellness brand with naturally sourced hemp extract and essential oils sourced from the highest-quality botanicals from around the world. As part of this partnership, a percentage of all products will be donated to support Dr. Goodall's environmental conservation and reforestation initiatives.
It hasn't been the best quarter for Neptune Wellness Solutions Inc. (TSE:NEPT) shareholders, since the share price has...
High borrowing fees are a red flag for a stock. I compiled a list of stocks that have 50%+ fees to borrow (for shorting). Canadian cannabis and corona-related s
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today the appointment of Dr. Toni Rinow, MBA as Chief Financial Officer, effective April 7, 2020.
Investors need to pay close attention to Neptune Wellness (NEPT) stock based on the movements in the options market lately.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company, is pleased to announce today that it has entered into an extraction partnership for hemp processing result…
LAVAL, QC , May 14, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), a diversified and fully integrated health and wellness company, provides a business update and announces that it intends to release its financial results for the fourth quarter and fiscal year ended March 31, 2020 after the market close on June 10, 2020 , followed by a conference call and audio webcast at 4:30 p.m. Eastern Time the same day. For the first quarter of fiscal year 2021 ending June 30, 2020 , Neptune expects to report strong quarter-over-quarter growth in its company-wide revenues to a range of between $18 million and $22 million . This revenue growth is driven by the accelerated expansion of Neptune's Health and Wellness solutions and its agile adaptation to changing market conditions and demands.
Neptune Appoints Russell Jay as Vice President of U.S. Sales
Whilst it may not be a huge deal, we thought it was good to see that the Neptune Wellness Solutions Inc. (TSE:NEPT...
LAVAL, QC , April 15, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), is pleased to announce today the appointment of Caroline Fontein as E-Commerce Manager to lead and grow Neptune's direct-to-consumer e-commerce business across its Forest Remedies and Ocean Remedies brands, as well as future consumer brands. Ms. Fontein joins Neptune from SmartyPants Vitamins, a leading vitamin and supplements brand, where she served as Digital Marketing & Communications Manager.
Neptune to rapidly increase North American supply of safe and effective non-contact thermometers in response to COVID-19 LAVAL, QC, May 12, 2020 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a leader i…
Partnership further strengthens B2B extraction business allowing Neptune to deliver high quality, low-cost hemp extracts to customers LAVAL, QC, May 19, 2020 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT…
LAVAL, QC , April 8, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), is pleased to announce today that its phase II expansion at its Sherbrooke, Quebec facility is operational and has been approved to run product for customers bringing our capacity to 200,000 kg. "Our first production runs for customers mark a key milestone for Neptune in our differentiated and competitive approach to servicing the Canadian cannabis industry," said David Mayers , Chief Operating Officer of Neptune.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company, provides a business update and announces that it intends to release its financial results for the fourth q…
NEW YORK, May 11, 2020 /PRNewswire/ -- There has been a significant growth in demand for cannabidiol (CBD) products across the globe in recent years, particularly in developed countries such as the U.S., France, Canada and the Netherlands. As a result, variou…
Neptune schedules its fourth quarter and fiscal 2020 financial results conference call for June 10, 2020 First quarter fiscal 2021 revenue growth is expected to accelerate significantly, reflecting YOY growth of 300% to 400% to approximately $18 million to $2…
LAVAL, QC , April 2, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), is pleased to announce today it has received Health Canada authorization to commercialize natural, plant-based hand sanitizer products. The Company has also engaged with the National Research Council of Canada (NRC), Canada's largest federal research and development organization, to support NRC's efforts to facilitate the development, manufacturing and ultimately commercialization of solutions to meet COVID-19 related needs.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT) is pleased to announce that the Company has entered into an Open Market Sale Agreement with Jefferies LLC ("Jefferies") pursuant to which the Company may from time to time sell, through at-the-market ("ATM") offerings with Jefferies acting as sales agent, such common shares as would have an aggregate offer price of up to US$50,000,000. Neptune has also filed a prospectus supplement with securities regulatory authorities in all provinces and territories of Canada and with the United States Securities and Exchange Commission, which supplements Neptune's short form base shelf prospectus dated February 22, 2019, and Neptune's shelf registration statement on Form F-10 dated February 22, 2019, declared effective on February 26, 2019. The listing of any shares sold pursuant to the ATM facility is subject to the approval of the Toronto Stock Exchange and NASDAQ. Jefferies, at Neptune's discretion and instruction, will use its commercially reasonable efforts to sell the common shares at market prices from time to time. Sales in the ATM program will only be conducted in the United States through NASDAQ at market prices or at prices to be negotiated with the applicable purchaser. As a result, prices of Common Shares may vary as between purchasers and during the period of distribution. No sales will be conducted in Canada or through the Toronto Stock Exchange.
LAVAL, QC , April 6, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), is pleased to announce today the appointments of Joseph Buaron and Michael A. de Geus to the Company's Board of Directors. "We are very pleased to welcome two such experienced and accomplished individuals to our Board of Directors," said Michael Cammarata , Chief Executive Officer of Neptune Wellness Solutions.
Neptune Wellness Solutions Inc.’s shares (NEPT) popped more than 30% on Thursday following plans to boost its weekly production of hand sanitizer to over 1 million units to meet strong demand fueled by the coronavirus outbreak.Neptune, a Canadian-based producer of health products, announced that its subsidiary Biodroga, has accelerated the production of hand sanitizers ahead of time in response to a supply shortage and strong demand from North American retail and government customers as the COVID-19 pandemic continues to take its toll.The company plans to begin shipping the hand sanitizer next week, including fulfilling a purchase order from a large North American retailer."I could not be more proud of how our entire team has mobilized to leverage our collective expertise in procurement, manufacturing, product innovation, supply chain management and regulatory affairs to bring significant and continuous supply of hand sanitizer gel to market ahead of schedule during this critical stage in the battle against COVID-19," said Michael Cammarata, Chief Executive Officer of Neptune Wellness Solutions. "We are rapidly responding to the needs of North Americans and playing a key role in meeting customer demand for safe and effective hand sanitizer to help prevent the spread of germs and protect consumer health."Neptune’s shares soared 31% to $2.48 in early afternoon U.S. trading, after surging as much as 35%.The two Wall Street analysts covering the stock in the past three months are divided between a Buy and a Hold rating resulting in a Moderate Buy consensus rating. The $3.81 average price target implies a whopping 56% upside potential in the coming 12 months. (See Neptune stock analysis on TipRanks).Related News: Expedia Shares Fly on $3.2 Billion Capital-Raising Plan Kimberly-Clark Sales Jump to $5 Billion Boosted by Tissue Sales Lam Research’s Solid Customer Demand Sparks Multiple Buy Ratings More recent articles from Smarter Analyst: * American Airlines: Warren Buffett Is Not Always Right * Moderna Pops 15% On FDA Approval For Phase 2 Covid-19 Vaccine Trial * Sarepta Reports Earnings Miss; But Key SRP-9001 Data Still On Track * Global Blood Therapeutics Reports Q1 Beat, Impressive Oxbryta Sales
LAVAL, QC , April 9, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), is pleased to announce today that it has successfully completed a submission to the U.S. Food and Drug Administration (FDA) for registration of its facility in Conover, North Carolina as an over-the-counter (OTC) drug manufacturer to prepare alcohol-based hand sanitizers under the agency's temporary policy for such products during the public health emergency (COVID-19). Registration of the Conover facility with FDA enables the company to begin manufacturing alcohol-based hand sanitizers to help address the increased demand for these products by consumers and health care professionals.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company, is pleased to announce today that it has entered into an extraction partnership for hemp processing resulting in revenues to the Company of a minimum of $16.5 million over the next six months.
Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), is pleased to announce today the appointment of Scott Antony as Senior Vice President of U.S. Retail Sales.
LAVAL, QC , April 23, 2020 /CNW Telbec/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NEPT) (NEPT), a leader in natural health products, and its subsidiary Biodroga, is successfully accelerating production of hand sanitizers to over one million units weekly. Neptune's hand sanitizer gel kills 99.9% of germs and bacteria and is available in 2 oz, 4 oz, 6oz, 8 oz, 16 oz, 1 liter and 1 gallon formats. Neptune has executed on scaling up hand sanitizer production ahead of schedule to rapidly increase critical supply and meet market demand driven by the COVID-19 pandemic.