Neptune Wellness Solutions is a company at the heart of the upcoming cannabis product offerings; extraction. I had the chance to interview Jackie Khayat, who is part of the team that pivoted Neptune from exclusively producing krill oil, to extracting and producing cannabis products for their customers. Jackie is now VP Business Development at Neptune, and is charging ahead, forging exciting deals with major producers and technology providers, ensuring Neptune is at the forefront of the global cannabis extraction industry.
JK: My journey into cannabis is a result of a business pivot from Neptune. We’ve always been a b2b natural products company, helping well known brands in the natural ingredients space create concepts. We have a manufacturing plant in Sherbrooke Quebec, and about 2 years ago we were producing exclusively krill oil out of that factory. It was a very competitive, low growth market. We were seeing a lot of competition coming out of Asia so we looked at opportunities to divest and we saw cannabis as a significant opportunity for us.