Neptune Technologies (NEPT) Reports Q3 Revenues of $6.4M
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Neptune Announces Third Quarter Results
February 13, 2019 4:05 PM ESTCannabis Extraction Ramp Up Now Underway
Q3 Financial and Operational Highlights for the 3-month period ended December 31, 2018 compared to the 3-month period ended December 31, 20171Â
Standard Cannabis Processing Licence received from Health Canada on January 4th, 2019. Cannabis inventories on site and initial production underway. Ethanol (solvent) processing capacity expansion toward 200,000 kg on track for completion by the end of March 2019, with startup expected early next fiscal year upon regulatory approval. Expansion of manufacturing capability to offer cannabis oil speciality capsules in partnership with Lonza announced on December 21, 2018 consistent... More
