Continue to Site »
Site will load in 15 seconds
Advertisment: FundCanna » FundCanna Order 123 » CBT ROS 970X250 Billboard Ad Sept 2-30 2025 » RP CBT 970x250

Neptune Announces an Amended and Restated Agreement with Canopy

The parties have agreed to an amended schedule of processing volumes committed to Neptune by Canopy.


LAVAL, QC, Nov. 20, 2019 /CNW Telbec/ - PRESS RELEASE - Neptune Wellness Solutions Inc., a health and wellness company focused on extraction, purification and formulation of cannabinoids, has entered into an amended and restated processing agreement with Canopy Growth Corporation.

Canopy and Neptune mutually decided to review the terms of their processing agreement. The parties have agreed to an amended schedule of processing volumes committed to Neptune by Canopy. In addition, the parties agreed to remove certain preferential rights previously granted to Canopy with respect to Neptune's capacity and pricing. Effective June 30, 2020, volume and pricing will be negotiated between the two parties based on market conditions. The three-year term of the agreement remains unchanged and expires on June 30, 2022.

Canopy continues to be an important customer for Neptune and both parties are looking forward to maintaining and capturing more business opportunities as the market evolves. As a result of the revised terms, Neptune expects to reduce its client concentration risk and diversify its customer base.

Advertisment: Cannabis Business Times » Green Check Webinar Promo House Ad » CBT_Green Check Sept 2025 Webinar Promo Medium Rectangle 300x250 » green-check-whitepaper-webinar300x250 (1)-RESIZED FINAL.jpg
Advertisment: Cannabis Business Times » Green Check Webinar Promo House Ad » CBT_Green Check Sept 2025 Webinar Promo Medium Rectangle 300x250 » green-check-whitepaper-webinar300x250 (1)-RESIZED FINAL.jpg
Page 1 of 184
Next Page
Advertisment: Greentank » Greentank Order 111 » CBT ROS Mobile Adhesion 360x120 September 2025 » gt-ac-360x120