Neptune wellness' organic baby food brand, sprout organics, secures inventory financing with alterna capital solutions llc

The partnership expands sprout's inventory line, increasing product variety and enhancing  supply chain efficiency laval, qc and montvale, n.j., may 10, 2023 /prnewswire/ - neptune wellness solutions inc. ("neptune" or the "company") (nasdaq: nept), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, and sprout organics ("sprout"), the company's organic plant-based baby food and toddler snack company, today announced that it has secured inventory financing through an invoice purchase and security agreement partnership with alterna capital solutions llc, effective april 21, 2023.
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