Neptune Wellness: Technology For More Efficient Extraction
Specializing in extraction, purification and formulation of health and wellness products
Neptune is quickly emerging as one of Canada’s leading cannabis and hemp processors. This is due to its unparalleled scientific and technological expertise. They also hold a large-scale capacity to extract, process and formulate quality products.
“We have almost two decades of extraction experience, which really sets us apart from our competitors”, says President and CEO, Michael Cammarata.
Neptune has a technological edge over many of its competitors. While most of them use CO2 extraction, Neptune has experience with cold ethanol extraction.
“The cold ethanol technology gives us a couple advantages. One, it’s two times more energy efficient and it’s five times faster”, says Cammarata. “But what’s unique about the cold ethanol technology is it protects a lot of the cannabinoids and different ingredients and inside the cannabis plant”, he continues.
From their state-of-the-art facility in Sherbrooke, Quebec, they’re focused on the development of value-added and differentiated products for the Canadian cannabis, global medical cannabis and industrial hemp markets.
More About Neptune
The Company has in excess of 100 customers across several verticals including; legal cannabis and hemp, nutraceutical and consumer packaged goods. Moreover, Neptune’s wholly owned subsidiary, 9354-7537 Québec Inc., is licensed by Health Canada to process cannabis at its 50,000-square-foot facility located in Sherbrooke, Quebec. The Company also has a 24,000 square-foot facility located in North Carolina to process hemp biomass into extracts. Further, Neptune brings decades of experience in the natural products sector to the legal cannabis and hemp industries.
Leveraging its scientific and technological expertise, the Company sees applications for hemp-derived extracts in the U.S. beyond existing markets and product forms and into personal care and home care markets. Neptune’s activities also include the development and commercialization of turnkey nutrition solutions and patented ingredients. This includes MaxSimil® and a variety of marine and seed oils.
For more information on Neptune Wellness Solutions Inc. (NEPT:TSX, NEPT:NASDAQ)