Neptune Wellness Solutions Inc. (NASDAQ: NEPT) has announced the launch of Sprout Organic Food products into Metro grocery stores in Ontario, Canada.
Neptune Wellness introduced Sprout Organic products in Ontario
In February 2021, Neptune Wellness purchased a controlling stake in Sprout to broaden its wellness and health brand portfolio and capitalize on its extensive retail supply network. Since the acquisition, Sprout baby meals and toddler snacks have been added to nearly all Target stores in the United States and Walmart.com, and other retail sites.
Sprout’s expanded supply into Metro stores is part of Neptune’s plan to increase sales by expanding retail channels and leveraging its extensive international experience. Later this year, the Company will take advantage of its licensing arrangement with CoComelon, the world’s most popular children’s entertainment and learning show with over 100 million YouTube viewers.
Neptune Wellness launches Forest Remedies’ plant-based gummies and soft gels
Recently, the company launched Forest Remedies’ Multi Omega 3-6-9 soft gels and gummies that are plant-based. The gummies and soft gels utilize natural oil from Ahiflower, which is grown in the UK. Ahiflower is a more eco-friendly and sustainable mega 3, 6, and 9 sources compared to Krill or fish oil.
Neptune Wellness CEO Michael Cammarata said, “Forest Remedies’ new multi-omega gummies and soft gels, made from Ahiflower seed oil instead of fish oil, is yet another example of Neptune’s commitment to manufacturing and selling plant-based, sustainable and eco-friendly health and wellness products. We are revolutionizing supplement packaging with a recyclable and compostable outer tube, as well as a compostable and biodegradable interior bag. The product is vegan and our plant-based sourcing does not contribute to the overfishing of marine life. I could not be more proud of our efforts to formulate a unique, plant-based dietary supplement that is good for you and good for the planet.”
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