Stocks in play: Neptune Wellness Solutions Inc.
Provided an update on its transition and growth strategy from Chief Financial Officer and Global Operating Officer Dr. Toni Rinow. The Company is completing its transition over Q3 Fiscal 2021 and Q4 Fiscal 2021 from revenue derived from hemp and cannabis extraction to revenue from consumer packaged goods and branded products, such as Mood Ring™ — an end-to-end developed and manufactured cannabinoid-based product portfolio targeting both wellness-focused CBD consumers looking for natural products, and the recreational market with THC concentrate product. Neptune Wellness Solutions Inc. shares T.NEPT are trading up $0.04 at $2.32.
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