Neptune Provides Corporate Updates and Discusses 2020 Initiatives

Neptune Provides Corporate Updates and Discusses 2020 Initiatives

Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (Nasdaq: NEPT) (TSX: NEPT), a health and wellness company focused on extraction, purification and formulation of cannabinoids, would like to provide the following corporate updates and outlook ahead of its participation at the Annual ICR Conference in Orlando, Florida being held on January  13-15, 2020, where Neptune’s CEO, Michael Cammarata, will present and meet with investors.

Logo: Neptune Wellness Solutions Inc. (CNW Group/Neptune Wellness Solutions Inc.)

Consumer Brands Initiatives
Several efforts have been deployed internally to accelerate the Company’s growth in the B2C markets. The official launch of the Forest Remedies™ brand is expected to occur in February 2020, supported by a public relations campaign and a marketing campaign under our partnership with American Media LLC. The launch will consist of hemp-derived wellness products including ingestibles, such as soft gels and oils, topicals and a pet soother. The Forest Remedies™ brand launch will also include aromatherapy products developed in collaboration with International Flavors & Fragrances Inc. (“IFF”). Neptune will first launch Forest Remedies™ online and expects the brand to be available at U.S. retailers shortly thereafter. A media event will be held this spring at IFF’s headquarters to celebrate the brand’s debut.

Cision

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SOURCE Neptune Wellness Solutions Inc.

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Investor Information: Pierre Boucher, MaisonBrison, 1.514.731.0000, pierre@maisonbrison.com; Media Request: Sabrina Di Blasio, Neptune Wellness Solutions, 514.258.8183, s.diblasio@neptunecorp.comCopyright CNW Group 2020

Published at Fri, 10 Jan 2020 12:03:05 +0000