Neptune submits evidence package - continues
with a targeted timeline to commence commercialization this fiscal
year
LAVAL, QC, Sept. 27, 2018 /CNW Telbec/ - Neptune Wellness
Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (
TSX: NEPT) is pleased to announce the appointment of Caroline Lavoie as Director of Corporate Affairs
for the company. Caroline brings over 13 years of successful public
affairs and senior management experience in cannabis, finance, and
manufacturing to her new role. Most recently, Caroline was a Senior
Consultant at National Public Relations where she led the cannabis
practice for the Montreal office
and advised key players of the Canadian cannabis sector as well as
several large companies in Canada
and the U.S. in a variety of sectors.
Caroline holds degrees from both McGill
University and the Institut d'Études Politiques in
Paris and has a master's degree in
public policy.
In her role, Caroline will provide leadership in the development
of Neptune's public affairs strategy, direct issues and
communications through cannabis industry associations, and manage
relations with Quebec and Canadian
governments.
"We are very pleased to have Caroline join our team," said
Jim Hamilton, President and CEO.
"She is a leader recognized for her achievements in the cannabis
sector. Her knowledge and drive will undoubtedly help us in
communicating our story and issues efficiently to the proper
channels."
Key to her appointment, Caroline will build upon Neptune's
profile as a leading expert in extraction, purification, and
formulation by "Bringing decades of wellness and nutrition product
experience to the cannabis industry." The new Public Affairs role
will be crucial to preparing for commercialization in Q4 2018.
Submission of Evidence Package
Neptune submitted its complete Evidence Package to Health
Canada on September 19, 2018, following receipt of
their Confirmation of Readiness
letter on September 14, 2018. The Evidence Package,
which is the final step of the application process prior to the
issuance of a Producers Licence from Health Canada, includes
detailed evidence to clearly demonstrate that the facility is
complete and ready to begin operations pursuant to the requirements
of the Access to Cannabis for Medical Purposes Regulations
(ACMPR).
Sidoti & Company Fall 2018 Conference
President and CEO, Jim Hamilton
and VP and CFO, Mario Paradis are
presenting at the Sidoti & Company Fall 2018 Conference today
in New York City at 9:45 a.m. EDT.
A webcast of the presentation session and a copy of the
company's latest investor presentation will be available on the
Neptune Wellness Solutions website.
About Neptune Wellness Solutions Inc.
Neptune is a health and wellness products company, with more
than 50 years of combined experience in extraction, purification
and formulation of value-added differentiated science-based
products. Currently, the Company develops turnkey nutrition product
solutions available in various unique delivery forms, offers
specialty ingredients such as MaxSimil®, a patented ingredient that
enhances the absorption of lipid-based nutraceuticals, and a
variety of other marine and seed oils. Leveraging its scientific,
technological and innovative expertise, Neptune is preparing to
commence production of products for legal cannabis markets. The
Company's head office is located in Laval, Quebec.
Forward Looking Statements
Statements in this press
release that are not statements of historical or current fact
constitute "forward-looking statements" within the meaning of the
U.S. securities laws and Canadian securities laws. Such
forward-looking statements involve known and unknown risks,
uncertainties, and other unknown factors that could cause the
actual results of Neptune to be materially different from
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes," "belief,"
"expects," "intends," "anticipates," "will," "should," or "plans"
to be uncertain and forward-looking. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Forward-looking
information in this press release includes, but is not limited to,
information or statements about our ability to successfully
develop, produce, supply, promote or generate any revenue from the
sale of any cannabis-based products in the legal cannabis
market.
The forward-looking statements contained in this press
release are expressly qualified in their entirety by this
cautionary statement and the "Cautionary Note Regarding
Forward-Looking Information" section contained in Neptune's latest
Annual Information Form (the "AIF"), which also forms part of
Neptune's latest annual report on Form 40-F, and which is available
on SEDAR at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml and
on the investor section of Neptune's website at
www.neptunecorp.com. All forward-looking statements in this press
release are made as of the date of this press release. Neptune does
not undertake to update any such forward-looking statements whether
as a result of new information, future events or otherwise, except
as required by law. The forward-looking statements contained herein
are also subject generally to other risks and uncertainties that
are described from time to time in Neptune public securities
filings with the Securities and Exchange Commission and the
Canadian securities commissions. Additional information about these
assumptions and risks and uncertainties is contained in the AIF
under "Risk Factors".
Neither NASDAQ nor the Toronto Stock Exchange accepts
responsibility for the adequacy or accuracy of this
release.
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SOURCE Neptune Wellness Solutions Inc.