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Neptune Wellness Solutions
Neptune Wellness Solutions, Inc. is a diversified wellness company that provides nutraceuticals, organic food and beverages, and consumer packaged goods to retail and business customers. Originally known for Antarctic krill oil production, the company previously operated an industrial-scale licensed cannabis processing plant in Quebec, CA, and a hemp processing facility in North Carolina in the U.S. until selling the cannabis business in 2022. History Krill Oil Production and Nutrition Products Neptune Wellness Solutions (originally ''Neptune Technologies and Bioresources'') was founded by Henri Harland and Luc Rainville in 1998. The Canadian biotech company conducted some of the first research on the health benefits of krill oil and the unique, absorption capacity of its “phospholipid” molecular structure and the fats contained within it. Neptune secured a family of patents - for an extraction process as well as composition and method of use. In 2002, the company pionee ...
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Consumer
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Consumer rights “Consumers, by definition, include us all," said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading informatio ...
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Cannabis Concentrate
Cannabis concentrate (also called marijuana concentrate, marijuana extract, or cannabis extract) is a tetrahydrocannabinol (THC) and/or cannabidiol (CBD) concentrated mass. Cannabis concentrates contain high THC levels that range from 40% to over 90%, stronger in THC content than high-grade marijuana, which normally measures around 20% THC levels. Volatile solvents, such as ethanol, butane, propane or hexane, may be used to prepare extracts, possibly to fire and explosion hazards in uncontrolled environments. Supercritical fluid extraction using carbon dioxide () alleviates concerns of fire and explosion and results in a high-quality product. Legally produced concentrates for retail sale in legalized U.S. states are often packaged in small lip-balm sized containers. Colorado In Colorado, the Marijuana Enforcement Division (MED) regulates almost every facet of the cannabis seed-to-sale process. There are heavy regulations on the containers that hold the concentrate: c ...
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Companies Based In Quebec
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Cannabis Companies Of Canada
''Cannabis'' () is a genus of flowering plants in the family Cannabaceae. The number of species within the genus is disputed. Three species may be recognized: ''Cannabis sativa'', '' C. indica'', and '' C. ruderalis''. Alternatively, ''C. ruderalis'' may be included within ''C. sativa'', all three may be treated as subspecies of ''C. sativa'', or ''C. sativa'' may be accepted as a single undivided species. The genus is widely accepted as being indigenous to and originating from Asia. The plant is also known as hemp, although this term is often used to refer only to varieties of ''Cannabis'' cultivated for non-drug use. Cannabis has long been used for hemp fibre, hemp seeds and their oils, hemp leaves for use as vegetables and as juice, medicinal purposes, and as a recreational drug. Industrial hemp products are made from cannabis plants selected to produce an abundance of fibre. Various cannabis strains have been bred, often selectively to produ ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Conover, North Carolina
Conover is a city in Catawba County, North Carolina, United States. The population was 8,421 as of the 2020 census. It is part of the Hickory–Lenoir– Morganton Metropolitan Statistical Area and Charlotte Metropolitan Area. History The City of Conover began to develop in the mid-1800s as a “Y” intersection of the railroad traversing North Carolina. Although originally called Wye Town, legend says the name "Canova" was adopted, but transposed to Conover over several years. The City of Conover was chartered in 1876 and incorporated in 1877. The Bolick Historic District and George Huffman Farm are listed on the National Register of Historic Places. Geography Conover is located in the geographic center, as well as the population center, of Catawba County and is bordered by the City of Hickory to the west, the City of Newton to the south, and the City of Claremont to the east. Interstate 40 traverses Conover, with access from four major exits (128, 130, 132, and 133). U.S. ...
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Hemp
Hemp, or industrial hemp, is a botanical class of ''Cannabis sativa'' cultivars grown specifically for industrial or medicinal use. It can be used to make a wide range of products. Along with bamboo, hemp is among the fastest growing plants on Earth. It was also one of the first plants to be spun into usable fiber 50,000 years ago. It can be refined into a variety of commercial items, including paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed. Although chemotype I cannabis and hemp (types II, III, IV, V) are both ''Cannabis sativa'' and contain the psychoactive component tetrahydrocannabinol (THC), they represent distinct cultivar groups, typically with unique phytochemical compositions and uses. Hemp typically has lower concentrations of total THC and may have higher concentrations of cannabidiol (CBD), which potentially mitigates the psychoactive effects of THC. The legality of hemp varies widely among countrie ...
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Tilray
Tilray Brands, Inc. is an American pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City. Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal. In December 2020, the company announced a merger with Aphria, and will operate under the Tilray name and its ticker symbol on NASDAQ and the Toronto Stock Exchange. History Founded in 2014, Tilray was originally incorporated under the umbrella of Seattle-based Privateer Holdings and was one of Canada’s first licensed producers. At the end of 2014, it secured the first institutional investment in the cannabis industry from Founders Fund, a San Francisco-based venture capital fund. In 2016, it became the first cannabis company to conduct a clinical trial approved by Health Canada. The trial evaluated the therapeutic potential of medical cannabis. In January 2017, Tilray was cer ...
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The Green Organic Dutchman
The Green Organic Dutchman, headquartered in Mississauga, Ontario, is a cannabis industry company listed on the Toronto Stock Exchange. The initial public offering (IPO), completed on May 2, 2018, was the industry's largest to date, and raised over CAD$115 million. In September 2021, the company's stock moved from the Toronto Stock Exchange to the Canadian Securities Exchange. Valleyfield greenhouse Green Organic Dutchman's Valleyfield greenhouse is an facility on Boulevard Gérard-Cadieux in Valleyfield, Quebec (). Power rates the company secured were reported to be 4 cents per kilowatt-hour, attributed to the nearby Beauharnois Hydroelectric Generating Station The Beauharnois generating station is a run-of-the-river hydroelectric power station along the Saint Lawrence Seaway on the Saint Lawrence River, in Quebec, Canada. The station was built in three phases, and comprises 36 turbines, capable of gene .... The greenhouse, when completed, will be over twice the area of Tweed ...
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Health Canada
Health Canada (HC; french: Santé Canada, SC)Health Canada is the applied title under the Federal Identity Program; the legal title is Department of Health (). is the Structure of the Canadian federal government#Departments, with subsidiary units, department of the Government of Canada responsible for national health policy. The department itself is also responsible for numerous federal health-related agencies, including the Canadian Food Inspection Agency (CFIA) and the Public Health Agency of Canada (PHAC), among others. These organizations help to ensure compliance with federal law in a variety of Healthcare in Canada, healthcare, Agriculture in Canada, agricultural, and Pharmaceutics, pharmaceutical activities. This responsibility also involves extensive collaboration with various other federal- and provincial-level organizations in order to ensure the safety of food, health, and Medication, pharmaceutical products—including the regulation of health research and pharmaceutic ...
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Michael Cammarata
Michael Cammarata (born December 26, 1985) is an American entrepreneur, investor, and wellness industry executive. He is president and chief executive officer of Neptune Wellness Solutions, a Canadian/American wellness company and the co-founder and former chief executive officer of Schmidt’s Naturals, an all-natural personal care company acquired by Unilever in 2017. Cammarata also operates the venture capital fund Random Occurrence. Early life A native of Long Island, New York, Cammarata was diagnosed with dyslexia as a child and had difficulties in school. In elementary school, he spent many hours playing StarCraft on his home computer and developed an aptitude for gaming, computers, and the internet. At the age of 13, he started his first business, a web hosting company, EzzHosting, on a dedicated server he purchased with $2,000 he earned from his older brother. The company’s sites served 5 million unique monthly viewers; That year, Cammarata made his first million d ...
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Aker BioMarine
Aker BioMarine is a Norwegian fishing and biotech company providing krill products through a fully documented and secured catch and process chain. Based in Oslo, Aker BioMarine is part of the Aker Group and the company also created Eco-Harvesting. History Aker BioMarine was established as an independent enterprise in 2006, building on years of deep-sea fishing experience as part of Norway‘s Aker Group. Its previous business activities were with the exception of the biotechnology company Natural, previously organized under Aker Seafoods Holding, a 100 percent subsidiary of Aker ASA. In 2003, Aker BioMarine began harvesting and processing Antarctic krill. Aker BioMarine claims to solve the problem of harvesting krill in both a commercially viable and environmentally sound way through its proprietary Aker ECO-Harvesting technology. The company re-listed on the Oslo Stock Exchange on July 6, 2020. Technology and products Aker BioMarine produces krill products rich in omega-3 phosp ...
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