Neptune Technologies and Bioressources (NASDAQ:NEPT; TSX:NEPT)Â announced the appointment of Michel Timperio as president and Melody Harwood as head of scientific and regulatory affairs of its new Cannabis Business.
As quoted in the press release:
Mr. Timperio will report to Jim Hamilton, President & CEO of Neptune.
Neptune’s next growth phase is focused on repositioning the Corporation into larger high-growth market segments in the wellness space, in particular where our scientific, regulatory, manufacturing, and commercialization capabilities can be levered. The Cannabis market fits well with our strategy and has been a key area of focus for us beginning with our license application submission in April 2017.
“Accordingly, we are pleased to announce these new appointments. More specifically, Michel as President brings a great innovative and entrepreneurial spirit, combined with an extensive network of global relationships, to our business development. With respect to Melody, her deep regulatory and scientific experience coupled with rigorous management practice will be a great complement to the team,” said Jim Hamilton, President & CEO of Neptune.