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Welcome to our Discover Cannabis series, where we publish in-depth research to introduce new cannabis companies to our coverage.
Introduction
Neptune (NEPT) is an emerging player in the Canadian cannabis extraction based in Quebec. The company has pivoted its existing nutraceutical business into cannabis extraction and it is looking to compete with its main rivals, Medipharm (OTCPK:MLCPF) and Valens Groworks (otcqb:MYMSF). Overall, we think Neptune is one of the weaker players out of the three names mentioned above as it is behind the other two players in terms of