Industry News

Neptune Wellness’ stock soars again after another 3-year extraction deal with a cannabis company

June 13, 2019

Shares of Neptune Wellness Solutions Inc. NEPT, +0.87% NEPT, +0.17% shot up 11% toward a record high in premarket trade Wednesday, after the Canada-based extraction and purification company announced a 3-year agreement with cannabis company Green Organic Dutchman Holdings Ltd. TGODF, -0.68%TGOD, -0.31% Under terms of the agreement, Green Organic will supply more than 230,000 kilograms of cannabis and hemp biomass to Neptune, which […]

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Neptune Signs Agreement to Acquire SugarLeaf Labs

May 9, 2019

LAVAL, QC, May 9, 2019 /PRNewswire/ – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT) today announced the signing of a definitive agreement to acquire substantially all of the assets of SugarLeaf Labs, LLC and Forest Remedies LLC (collectively, “SugarLeaf”), a registered North Carolina-based commercial hemp company providing extraction services and […]

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Senate passes legislation to legalize hemp as agricultural commodity

July 6, 2018

The Senate passed legislation on Thursday that would legalize hemp as an agricultural commodity. The bill, a key priority of Senate Majority Leader Mitch McConnell (R-Ky.), was included in a mammoth farm bill that cleared the Senate 86-11. “I have heard from many Kentucky farmers who agree it’s time to remove the federal hurdles and […]

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