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Stock impact report

Renewed Momentum For Cannabis Extracts Unlocks Value in Growing Industry

Neptune Wellness Solutions Inc. - Ordinary Shares (NEPT) 
Company Research Source: PR Newswire
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- The cannabis industry is once again gaining momentum as new jusidicitions open to CBD and North American cannabis companies find their footing. As the industry recovers after a rocky start, extracted products look primed to take the top spot in the market. In an industry flooded with cannabis biomass, value-added extraction products offer greater medical use, longer shelf lives, and easier access to emerging markets. The global medical cannabis extraction market is set to rise at a CAGR of 16.20% up to 2028. In preparation, companies like Pure Extracts (CSE:PULL) (OTCPK:PRXTF) (XFRA: A2QJAJ), Valens Company Inc. (TSX:VLNS) (OTCQX:VLNCF), MediPharm Labs Corp. (TSXV:LABS) (OTCQX:MEDIF), Neptune Wellness Solutions Inc (NASDAQ:NEPT) (TSX:NEPT), and Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) are establishing themselves as key extractors.Pure Extracts Forms Key Extraction PartnershipsPure Extracts (CSE:PULL) (OTC:PRXTF) (XFRA: A2QJAJ) is Show less Read more
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