Neptune Wellness Solutions (NEPT.T) announced today that it has launched its Forest Remedies’ plant-based Multi Omega 3-6-9 gummies and soft gels.
“Forest Remedies’ new multi-omega gummies and soft gels, made from Ahiflower seed oil instead of fish oil, is yet another example of Neptune’s commitment to manufacturing and selling plant-based, sustainable and eco-friendly health and wellness products,” said Michael Cammarata, President and Chief Executive Officer of Neptune Wellness.
If I were wearing a Mood Ring™, it would read pink since Neptune Wellness’ latest news has me completely elated. “Why?”, you ask? Well my fish loving familiars, Neptune Wellness’ Forest Remedies Multi Omega supplements are made with 100% plant-based ingredients, meaning our oily little fish friends have a better shot at living to swim another day. Unlike conventional omega-3 supplements, the Company’s Forest Remedies supplements are made with all natural oils derived from Ahiflower®, a naturally wild and now cultivated agricultural crop grown by farmers in the United Kingdom.
With this in mind, Ahiflower presents a much more sustainable and eco-friendly source of omegas 3, 6, and 9 compared to fish or krill oil. In fact, one acre of Ahiflower provides that same amount of oil as 320,000 anchovies, everyone’s favorite pizza topping. Moreover, the use of Ahiflower oil means Neptune Wellness’ new Forest Remedies supplements do not contribute to the overfishing of marine life, which has become a global ecological disaster over the past 50 years. Since 1970, overfishing has led to an 80% reduction in the Antarctic’s krill population. According to the Food and Agriculture Organization of the United Nations, the number of overfished stocks has tripled globally in half a century. Additionally, one-third of the world’s assessed fisheries are currently pushed beyond their biological limits.
“We are revolutionizing supplement packaging with a recyclable and compostable outer tube, as well as a compostable and biodegradable interior bag. The product is vegan and our plant-based sourcing does not contribute to the overfishing of marine life. I could not be more proud of our efforts to formulate a unique, plant-based dietary supplement that is good for you and good for the planet,” continued Michael Cammarata.
Doom and gloom aside, if you’re looking to combat the ongoing fishing crisis, omega-3 supplement alternative like Neptune Wellness’ Forest Remedies may be worth considering. Forest Remedies soft gels and gummies are now available in a base Multi Omega 3-6-9 formula, as well as an Elderberry Immune formula made with…well, elderberries. Currently, the gummies are available in Orange Blossom and Fresh Raspberry flavors. In addition to being vegan, gluten-free, and non-GMO, Neptune Wellness’ supplements do not have a fishy aftertaste since they are made with Ahiflower oil, which has been clinically proven to be up to four times more effective than flaxseed oil at increasing eicosapentaenoic acid (EPA), an omega-3 fatty acid associated with preventing and reversing heart disease, among other ailments.
Neptune Wellness’ share price opened at $1.06, up from a previous close of $1.05. The Company’s shares are down -3.8% and are currently trading at $1.01 as of 11:32AM ET.