Neptune Wellness Solutions

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Neptune Wellness Solutions is a consumer-packaged goods company focused on health and wellness products. The company's core offerings include nutraceuticals brands like Biodroga and Forest Remedies, as well as organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme. Neptune sells its nutraceutical products to various distributors and customers who commercialize them under private labels. In May 2019, Neptune acquired SugarLeaf Labs, a hemp extraction company based in North Carolina, gaining a US supply chain and a 24,000 square foot cold ethanol processing facility. In November 2022, Neptune divested its cannabis division, including the Sherbrooke plant, Mood Ring, and PanHash brands, to PurCann Pharma for USD 5.15 million.

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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
545 Promenade du Centropolis Suite 100 Quebec QC CAN
Founded year:
1998
Employees:
11-50
IPO status:
Public
Total funding:
USD 164.0 mn
Last Funding:
USD 4.5 mn (Post IPO Equity; Sep 2023)
Last valuation:
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