-
This Canadian Co. Said Farewell To Cannabis, Stock Surges On Heels Of Q1 Earnings Report
Friday, August 18, 2023 - 11:57am | 556Neptune Wellness Solutions Inc. (NASDAQ: NEPT) announced its first quarter financial results for the three months ending June 30, 2023, revealing a year-over-year drop in consolidated revenue to $10.6 million, from $16.3 million for the same period of last year. The Laval, Quebec-based company says...
-
Neptune Wellness To Exit Cannabis Business, Resulting In Firing 50% Of Employees
Wednesday, June 8, 2022 - 10:37am | 653Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX:NEPT) launched a new consumer packaged goods (CPG) focused strategic plan to reduce costs, improve the company's path to profitability and enhance current shareholder value. Intended divestiture of cannabis business and reduction of workforce...
-
Cannabis Movers & Shakers: OnPoint Laboratories, Neptune Wellness, Adastra Holdings & Cannaverse Technologies
Friday, May 20, 2022 - 2:37pm | 718OnPoint Laboratories Names Samuel Richard CEO & Equity Partner OnPoint Laboratories has appointed Samuel Richard to serve as CEO and equity partner. Richard succeeds Jeff Cardot, founder and current CEO, as part of a planned transition. Cardot will continue to be involved with the day-to-day...
-
Neptune Wellness Expands Popular Mood Ring Portfolio With New Cannabis Strains
Tuesday, April 19, 2022 - 10:07am | 545Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX:NEPT), launched Mood Ring's new line of true-to cannabis flavor-forward strains available in multiple formats across Ontario. The line also features environmentally-friendly features such as compostable packaging and biodegradable hemp plastic...
-
Neptune Wellness Solutions Closes $8M Registered Direct Offering
Tuesday, March 15, 2022 - 10:00am | 382Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX:NEPT) has closed on the previously announced registered direct offering with a single strategic consumer-focused institutional investor for the purchase and sale of 18.5 million common shares of the company and 6.5 million pre-funded warrants,...
-
Neptune Wellness To Raise $8M Via Registered Direct Offering, Explores Other Financing Options Like Debt
Thursday, March 10, 2022 - 12:16pm | 591Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) announced Thursday an $8 million registered direct offering. The company has entered into a definitive agreement with a single strategic consumer-focused institutional investor for the purchase and sale of (i) 18.5 million company's...
-
Neptune Launches Forest Remedies Multi-Omega 3-6-9 Supplements In Sprouts Farmers Market Stores Across U.S.
Tuesday, March 8, 2022 - 11:26am | 342Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX:NEPT) has launched Forest Remedies Multi Omega 3-6-9, a line of innovative supplements made with Ahiflower oil, in Sprouts Farmers Market stores nationwide. A plant-based, vegan alternative to fish oil, Ahiflower oil delivers more...
-
Cannabis Movers & Shakers: TGOD, Numinus Wellness, GTI, Neptune Wellness
Friday, February 18, 2022 - 6:22pm | 841The Green Organic Dutchman Names New CFO The Green Organic Dutchman Holdings Ltd. (CSE:TGOD) (OTC: TGODF) recently tapped Nichola Thompson to oversee the company's finance department. Thompson joins the senior management team at TGOD, having most recently held the position of CFO at...
-
Neptune Wellness Shares Skyrocket On 457.57% YoY Revenue Growth In Q3
Thursday, February 10, 2022 - 8:55am | 512Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX:NEPT) announced its financial and operating results for the quarter ended on December 31, 2021, reporting revenue of CA$18.4 million (US$14.52 million), up buy 17% sequentially, and 457.57% year-over-year. Fiscal Third Quarter 2022...
-
Neptune Wellness Mood Ring's New Cannabis Pre-Rolls Now Available In Alberta & Ontario
Tuesday, December 21, 2021 - 12:12pm | 401Cannabis-focused health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) is launching Mood Ring's new cannabis pre-roll product line in Alberta and Ontario. Initially available in the popular Florida Citrus Kush strain in 2 x 0.5-gram format, Mood Ring pre-rolls...
-
Neptune Wellness Reports Third Consecutive Quarter Of QoQ Revenue Growth, Unveils Action Plan
Tuesday, November 16, 2021 - 12:39pm | 615Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) published its financial and operating results late Monday for the three months ended on September 30, revealing that it has generated $15.7 million in the second quarter of fiscal 2022, up by 27% sequentially. Michael Cammarata, president...
-
Cannabis Movers & Shakers: Aurora Cannabis, Dama Financial, Neptune Wellness, Avicanna
Monday, November 15, 2021 - 11:24am | 758Dama Financial Appoints Industry Veteran Ed Labry As Executive Chairman Of Board Dama Financial, a provider of access to financial services for the cannabis industry, said Wednesday that it has named industry veteran Ed Labry as executive chairman of the board. Labry brings vast experience, having...
-
Neptune Sells New Sustainable Mood Ring Vapes In Canada, Part Of Proceeds Support Planting Trees
Tuesday, November 9, 2021 - 11:04pm | 401The cannabis-oriented health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) announced Tuesday the launch of Mood Ring branded vape products in the provinces of Ontario, Alberta and British Columbia. Neptune's popular cannabis brand, Mood Ring, launched Jack...
-
Neptune Wellness Obtains U.S. Patent For Its Original Cannabis Extraction Process Using Organic Solvents
Thursday, October 21, 2021 - 11:21am | 235Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) confirmed Wednesday that it has obtained Patent No. 11,110,372 from the United States Patent and Trademark Office for developing a method of extracting and isolating compounds from the plants of the Cannabis genus at low temperature using...
-
Cannabis Movers & Shakers: Trulieve, Grown Rogue, Neptune Wellness, Simplifya
Friday, August 20, 2021 - 3:08pm | 704Trulieve Appoints Nilyum Jhala As CTO Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) has named Nilyum Jhala its new chief technology officer. Jhala brings over two decades of experience in technology leadership and digital transformation results in multinational retail and wholesale...