Neptune Wellness Solutions Inc (NEPT)

[DS CPA]

Thanks for the share. I listened to the call recording earlier. The Q4 results are not great (which was expected) but the color they added about the non-cash warrant expense is important — they mentioned they may break that out from SG&A going forward.

The future looks bright, because they are doing something different than what a company like MediPharm is doing. This is more of a diversified hemp / cannabis play with their various product categories. I am a big believer in Cammarata and this call solidified that further. He has a great vision for this company and I was particularly intrigued by him expecting their sales license “any day” and some of the IP and technology he expanded on during this call.

I’m unsure if the market will react to the poor numbers or if the headline / reaction will be on the future (where it should be imo — anyone paying attention should’ve known this quarter would be tough). Regardless, I liked what I heard.