Neptune is pleased to announce the appointment of Mr. Eric Krudener as Director of Product and Brand Development for its cannabis business. Mr. Krudener will report to Michel Timperio, President of Neptune Cannabis Business.
Neptune’s ambition to become the leading supplier of a wide array of cannabis oil products for the adult market will be further supported by this key strategic appointment. Eric brings extensive hands-on experience and knowledge from the industry in Colorado and California, two pioneering states in the cannabis industry. Through his experience, he will help further Neptune’s business development in the legalized cannabis space in Canada, and select international markets.
“From my years of experience observing industry best practices in the United States, I believe Neptune is extremely well positioned to become a major player in the legal global cannabis marketplace,” says Krudener. “Neptune’s DNA as an oil extraction company, its history of building markets through science, together with its international distribution experience are a great foundation for success. I look forward to being a part of an organization with proven business acumen and feel privileged to add my own expertise to a great team of professionals as we grow and expand this new potential business.”
In May 2017, Neptune announced its participation in the creation of the Sherbrooke-based Green Valley Consortium, a strategic partnership of industry and academic stakeholders aimed to facilitate production, research and development of cannabis and cannabis-related initiatives in the region. Neptune’s application to become a licensed producer is currently at the review and security clearance stage. As part of its strategic business development plan, Neptune’s cannabis business is exploring joint venture licensing associations to bring together best in class processes and products to the Canadian market, estimated to represent between $6 and $8 billion in sales by 2021, and potentially more globally.
On November 28, 2017, Neptune will host a Business Update Meeting in New York City.
For more details, visit: http://neptunecorp.com/en/investors/events-and-presentations/
 CANACCORD Genuity November 28, 2016.