Temper Ring’s First Two Vape Merchandise, Jack Flash and Pure Kush, Mark Entry into
Rising Canadian Vape Market
LAVAL, QC, Nov. 9, 2021 /PRNewswire/ – Neptune Wellness Options Inc. (“Neptune” or the “Firm”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and totally built-in well being and wellness firm centered on plant-based, sustainable and purpose-driven way of life manufacturers, as we speak introduced the launch of Temper Ring branded vape merchandise within the provinces of Ontario, Alberta and British Columbia.
Neptune’s standard hashish model, Temper Ring, launched Jack Flash and Pure Kush vape merchandise in Alberta and British Columbia, and Jack Flash in Ontario. Vapes signify a major market alternative inside Temper Ring’s diversified portfolio of high-quality hashish flower, THC and CBD oils and capsules, and cannabis merchandise. The Firm expects to launch further Temper Ring branded merchandise throughout its licensed Canadian footprint all through the approaching yr.
“Demand for vapes continues to develop throughout Canadian provinces, making it the third largest class of hashish merchandise by gross sales in Canada1. Following the success of our different product launches to-date and scalable vape manufacturing, we anticipate important income contribution from vapes over the subsequent a number of years,” stated Michael Cammarata, Chief Government Officer and President of Neptune. “Jack Flash and Pure Kush 510 thread cartridges function two particular strains which might be produced utilizing all-natural supplies, which allow us to ship a differentiated product from each an expertise and sustainability perspective. This preliminary launch of vape merchandise is the subsequent step in our technique of reworking our hashish enterprise from a slow-growth, low margin extraction enterprise to a excessive development, greater margin branded CPG enterprise.”
Temper Ring’s vapes are produced sustainably with biodegradable mouth items created from first to market hemp-plastic and a low-energy-use extraction utilizing Neptune’s patented course of.
A portion of the proceeds from the gross sales of Temper Ring merchandise shall be donated to the planting of timber by means of our partnership with One Tree Planted.
For extra info, please go to https://moodring.com.
Headset, ‘Vapor Pens: An evaluation of class & model efficiency’, July 15 2021, https://www.headset.io/industry-reports/cannabis-vapor-pens-an-analysis-of-category-brand-performance.
About Neptune Wellness Options Inc.
Headquartered in Laval, Quebec, Neptune is a diversified well being and wellness firm with a mission to redefine well being and wellness. Neptune is concentrated on constructing a portfolio of top quality, inexpensive client merchandise in response to long-term secular developments and market demand for pure, plant-based, sustainable and purpose-driven way of life manufacturers. The Firm makes use of a extremely versatile, cost-efficient manufacturing and provide chain infrastructure that may be scaled to rapidly adapt to client demand and convey new merchandise to market by means of its mass retail companions and e-commerce channels. For extra info, please go to: https://neptunewellness.com/.
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SOURCE Neptune Wellness Options Inc.