Statement from Neptune Wellness Chief Executive Officer Michael Cammarata on Successful U.S. House of Representatives Vote to Decriminalize Marijuana
LAVAL, QC, Dec. 7, 2020 (Canada NewsWire via COMTEX) —
Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, made the following statement regarding the More Act, that was passed today by the U.S. Congress.
This legislation marks the first time either chamber of Congress in the United States has voted to federally decriminalize cannabis. Michael Cammarata, Neptune Wellness Chief Executive Officer, said:
“We salute the United States government as they embrace the innovation that companies such as Neptune are accomplishing daily. We are readying the Company for future expansion in adult use-cannabis and global hemp, beginning in the United States with the potential for legalization of cannabis under President-Elect Joe Biden.”
“We believe the future of creating health and wellness benefits for consumers across North America and worldwide will be found in plant-based solutions such as those being developed by Neptune Wellness. Our diversified and fully integrated business model focuses on natural,…