Cannabis PurCann Pharma acquires cannabis assets of Neptune Wellness Neptune will be paid $5.15 million in cash and use the funds for working capital and general corporate objectives Rowan DunneOctober 18, 2022
Canada Neptune Wellness set to make gradual exit from cannabis industry Company announces concentrated and strategic cost-cutting game plan moving forward Rowan DunneJune 10, 2022
Business Neptune reports Q3 revenue up 17% to $18.4M, net loss of $21M Taking a recent majority stake in a baby food maker, Neptune joins other pot firms expanding broadly into different CPG categories Nick LabaFebruary 10, 2022
Business Neptune Wellness reports 3rd straight quarter of revenue growth But concerns remain around its significant debt pile and an inability to pay it off Natalia Buendia CalvilloNovember 15, 2021
Canada Health Canada opens up CBD market with new hemp cultivar approvals With around a dozen new high-CBD hemp varieties approved, companies eye low-cost production and looser cannabidiol rules Jared GnamApril 21, 2021
The weed wire Neptune Wellness pivots further into CPG with Kraft Heinz deal The Canadian cannabis extractor will distribute Kraft Heinz products across four geographic regions Jared GnamOctober 6, 2020
Canada Earnings week August: Pot stock feats and flops Quarterly reports from 10 cannabis companies paint two different pictures on either side of the US-Canada border Jared GnamAugust 17, 2020
The weed wire Neptune Wellness gains Health Canada sales licence Company gears up for in-house cannabis 2.0 launch in provinces, territories Michelle GamageJune 29, 2020
The weed wire Neptune Wellness forecasts big growth despite reporting big losses Revenues grew by just 4% in the last quarter, but company projects 90% growth over the current period Nick LabaJune 10, 2020
The weed wire Neptune Wellness Solutions signs $16.5M extraction deal with unnamed partner The 44,000 kilograms of hemp biomass will be processed at the Sherbrooke, QC, facility. Michelle GamageMay 19, 2020