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Benzinga
Benzinga
Business
Vuk Zdinjak

Neptune Wellness To Exit Cannabis Business, Resulting In Firing 50% Of Employees

NEPT Neptune Nasdaq CPG Sprout

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) (TSX:NEPT) launched a new consumer packaged goods (CPG) focused strategic plan to reduce costs, improve the company's path to profitability and enhance current shareholder value.

Intended divestiture of cannabis business and reduction of workforce

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