Investor Ideas Potcasts; Interview with President of Cannabis Business, Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT)
Delta, Kelowna, BC - November 12, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:
Investor Ideas Potcasts,: Interview with President of Cannabis Business, Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT)
In today's podcast, Investorideas.com interviews Michel Timperio, President of Cannabis Business from Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT). Timperio discusses some of the company's recent news as well as providing insight into the CBD industry.
Timperio plays an essential role in helping position the company in business segments characterized by larger size and growth. During his 16-year career at Neptune, he has held a variety of positions including Chairman of the Board of Directors from 2000-2008 and Vice-President Business Development, where he was instrumental in the company's early development and growth by helping create a new nutrition products category, Omega-3 krill oil. His entrepreneurial drive led him to build a start-up venture in residential construction components. He previously worked for large corporations including Armstrong World Industries and Reichhold Chemicals, where he held senior management business development positions. Michel also had a political career during which he was active as Alderman for 20 years for one of the largest cities in Quebec. He holds a Bachelor of Commerce degree from Concordia University.
When asked about Neptune's US operations, Timperio commented, "Our positioning in the US is strictly focused on CBD. We feel CBD in the US is a major play. Our approach will be to focus more on white label as well as our brands. We've hired a new CEO; a serial entrepreneur, Micheal Cammarata and we've already made some announcements recently with American Media LLC as well as IFF, where we've looked at doing some product development together."
The company recently announced that it is actively pursuing a product development collaboration with International Flavors & Fragrances Inc. (NYSE: IFF) to co-develop hemp-derived CBD products for the US market.
"IFF is a well-recognized leader and innovator in taste, scent, nutrition and ingredients and we could not be more excited at the potential of combining the resources of our two organizations to develop plant-based consumer products, including hemp-derived CBD products. The formulation and technological expertise that IFF cumulates will greatly benefit Neptune in accelerating its market penetration in the US CBD market. This partnership aligns well with our growth strategy of expanding core customers and of supporting consumer packaged goods companies and fragrance houses expansion into the CBD market," said Michael Cammarata, CEO of Neptune.
Neptune also announced their new strategic partnership with American Media LLC to help support the growth of Neptune's brands in the US including Forest Remedies™ and OceanO3®.
American Media owns and operates leading celebrity and health & fitness media brands such as Men's Journal®, Us Weekly®, OK!, Life & Style and enthusiast brands including Powder, Surfer and Bike. Their portfolio of brands has a combined total circulation of 5.7+ million and reach 53+ million readers each month. American Media's wide reach in mobile and online media is impressive with 65+ million unique visitors and 762+ million page views monthly.
"American Media's pedigree and reach will accelerate the growth of Neptune's consumer-facing products into the US retail landscape. We are excited to have American Media join the Neptune family," said Michael Cammarata, CEO of Neptune. "In August, we created Neptune Ventures, our venture capital arm, to foster strategic partnerships. Today's announcement will help us achieve our mission to redefine health and wellness by utilizing hemp-derived ingredients beyond just consumption. We see hemp-derived applications for beauty, personal care and home care. This further enhances our ability to build a diverse customer base which includes hemp, nutraceutical and consumer package goods companies."
Timperio continued to discuss what investors can expect in the coming months from Neptune Wellness as well as the CBD and cannabis industries as a whole.
For more information on Neptune Wellness Solutions Inc. visit their website here.
To learn more about our cannabis podcasts visit https://www.investorideas.com/Audio/Potcasts.asp
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining, the AI Eye.
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Follow us on Cannabis Social Media
Download our Mobile App for iPhone and Android