Aug 14 (Reuters) - Neptune Wellness Solutions Inc NEPT.TO :
* NEPTUNE REPORTS FISCAL 2020 FIRST QUARTER RESULTS
* EXPECT THAT OUR NEW CONTRACTS WITH TILRAY AND TGOD WILL OFFER STRONG AND CONSISTENT REVENUE OVER NEXT THREE YEARS
* QTRLY TOTAL REVENUES REACHED $4.4 MILLION VERSUS $5.2 MILLION
* ANNOUNCES CREATION OF NEPTUNE VENTURES, A STRATEGIC INVESTMENT ARM AND TECHNOLOGY INCUBATOR
* Q1 REVENUE VIEW C$5.9 MILLION -- REFINITIV IBES DATA
* IN CANADA, NEAR-TERM CAPACITY CONSTRAINTS ARE EXPECTED TO BE RESOLVED IN SEPTEMBER
* IN U.S. , CAPACITY OF OUR SUGARLEAF PLANT IS EXPECTED TO REACH 1,500,000 KG BY END OF DECEMBER
* NUTRACEUTICAL DIVISION HAS RECENTLY SEEN AN INCREASE IN DEMAND FOR HEMP-DERIVED CBD SOURCING AND FORMULATIONS
* QTRLY NET LOSS OF $6.5 MILLION AN INCREASE COMPARED TO A NET LOSS OF $4.1 MILLION LAST YEAR