Laval, Quebec, Canada—Neptune Wellness Solutions has begun offering turnkey product development solutions with hemp-derived ingredients to customers in the U.S., according to a press release. A U.S.-based supply chain of licensed hemp extract producers has been established and initial purchase orders are being processed.
Neptune has long-standing experience in the management of turnkey product development solutions, as well as branded ingredients like MaxSimil and ECSentials that, the release suggests, could be used in unique combinations with hemp ingredients as the U.S. regulatory framework surrounding hemp extracts and CBD evolves.
Jim Hamilton, president and CEO of Neptune, said in the release: “The U.S. market for hemp is developing rapidly and represents a significant opportunity for the consumer products industry. Neptune is now offering products and services to American brands that want to create a unique hemp-based portfolio. Neptune’s advantage lies in the strength of its supply chain and strict quality systems.”
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