An unknown cannabis company with a lot of investor potential

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Neptune Wellness Solutions could explode when cannabis prohibition in the US ends

The question isn’t if but, rather, when, the US will bring to an end cannabis prohibition. When that happens, an almost immediate global explosion of cannabis products is going to occur and investors who have been willing to sit on their marijuana portfolios are going to be laughing all the way to the bank. There are several established companies that are going to emerge as winners in the cannabis race, but one little-known company is setting itself up to take the lead as soon as the trigger on nationwide legalization is pulled. Neptune Wellness Solutions could become one of the strongest companies, and has the benefit of already being available on the NASDAQ exchange.

Neptune creates nutraceutical oils that are derived from marine animals, including cod and krill. Over the past five years, its operations have been relatively slow and it has relied heavily on third-party agreements for the extraction of the necessary components to create the oils. However, this is changing and the company has, since last year, begun to focus on using its extraction knowledge to segue into cannabis.

Since the beginning of the year, Neptune’s stock has jumped 123%, including a 40% increase in the past month. This is impressive by any measure, but the fact that it is able to soar in a specialized area is going to prove to be extremely beneficial to the cannabis industry as global acceptance continues to spread.

When the US will legalize marijuana cannot yet be ascertained. There were predictions that it could happen this year, but that is beginning to look less likely. Next year is an election year, so the odds of real progress being made in 2020 don’t look too good, either. However, this delay could be a silent positive, as it allows for more time for individuals states to gain ground and for research to develop, which will only improve the odds of cannabis being federally approved by 2021 to 2022. When that happens, Neptune is going to be there to explode and investors have the opportunity now to get in on the ground floor.