The market for cannabis-infused products is booming, with legalization in Canada and many U.S. states leading to new consumer trends like edibles and vape pens. This latest offering from Neptune Farms ensures that even the most discerning of consumers can enjoy this plant’s therapeutic effects without having to worry about the side effects of smoking or eating an herb traditionally reserved for its psychoactive properties.,
Alberta joins British Columbia, Ontario, and Quebec as the fourth jurisdiction where Neptune sells its branded cannabis.
/PRNewswire/ – LAVAL, QC, Aug. 2, 2021 – Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness business focusing on plant-based and sustainable lifestyle products, announced today the introduction of its Mood Ring branded cannabis flower in Alberta.
“I am happy to report that we have officially released our Mood Ring Florida Citrus Kush flower in the province of Alberta,” stated Michael Cammarata, Neptune’s Chief Executive Officer and President. “This is another step in our cannabis company’ transition from a low-growth, low-margin extraction operation to a high-growth, higher-margin branded CPG operation.”
Along with British Columbia, Ontario, and Quebec, Alberta is now the fourth jurisdiction where Neptune Wellness offers its cannabis products under the Mood Ring and PanHash brands. These four provinces account for more than 80% of all cannabis retail sales in Canada, giving Neptune Wellness access to almost 2,000 retail cannabis shops throughout the country.
Through our collaboration with One Tree Planted, a percentage of the profits from each purchase of our Mood Ring flower items is given to the planting of a tree. Throughout the next year, the Company plans to introduce new Mood Ring and PanHash branded goods throughout its licensed Canadian presence. Visit https://moodring.com or https://panhash.com for additional details.
Neptune Wellness is a company that provides health and wellness services.
Neptune is a diverse health and wellness business based in Laval, Quebec, with a goal to redefine health and wellbeing. In response to long-term secular trends and market demand for natural, plant-based, sustainable, and purpose-driven lifestyle brands, Neptune is focused on developing a portfolio of high-quality, affordable consumer goods. Through its mass retail partners and e-commerce channels, the Company employs a highly flexible, cost-effective production and supply chain infrastructure that can be expanded to rapidly react to customer demand and bring new goods to market. Please visit https://neptunewellness.com/ for more details.
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Neptune Wellness Solutions Inc. is the source of this information.