Good evening. My name is Gabriel, and I will be your gathering administrator today. Right now, I might want to welcome everybody to the Neptune Wellness Solutions 2019 second-quarter profit phone call. [Operator instructions] Thank you.
Mr. Mario Paradis, CFO of Neptune, you may start your meeting.
Mario Paradis – Chief Financial Officer
Much thanks to you, Gabriel. Good evening, everybody, and thank you for going along with us. As specified, the reason for the present call is to survey our outcomes for the second-quarter results finished September 30, 2018. Going along with me today is Jim Hamilton, our leader and CEO.
Obviously, Jim will audit Neptune’s operational quarter and features, and I will talk about our quarterly money related outcomes. Before we start, I’d jump at the chance to advise you that all sums are in Canadian dollars and the present comments contain forward-looking data that speaks to our desires starting today, and likewise, are liable to change. We don’t embrace any commitment to refresh any forward-looking articulations with the exception of as might be required by Canadian and U.S. securities laws.
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Various suppositions were made by us in setting up these forward-looking proclamations, which are liable to dangers. Results may contrast really, and subtle elements on these dangers and presumptions can be found in our documenting with the Canadian Securities Commission and with the Securities Exchange Commission. Presently I’ll turn the bring over to you, Jim.
Jim Hamilton – President and Chief Executive Officer
Mario, much thanks. Good evening, everyone, and hi from Las Vegas. We are here going to something many refer to as the MJBizCon. This is, the thing that we comprehend, the biggest cannabis tradeshow on the planet with north of 20,000 in participation and this falls really a few days additionally here in Las Vegas with one of the biggest nourishment items appears.
So it’s been an, extremely bustling week with clients, which you can presumably hear in the tone of my voice. In any case, we’re exceptionally upbeat to be here. We’re exceptionally upbeat to be with you today and offer with you – on Page 4, there’s an introduction on our site if – for those following along, where we need to talk a tad about a portion of the features. Mario will assume control with a few remarks on the financials and afterward somewhat more point by point analysis both on our cannabis business advance, sustenance business, and after that some finishing up remarks, and we’ll invite inquiries around then.
Simply turning to Page 5, and we are, exceptionally content with how things are advancing with our permit. Thus, for a considerable lot of the individuals who are following realize that we got roughly two months back our availability letter, which was brilliantly gotten. Mario, extremely glad to get that, and we presented our normal bundle instantly from there on. What’s more, I’d get a kick out of the chance to illuminate everyone that we’re extremely glad and satisfied over the commitment that we’ve had the most recent weeks and days with Health Canada as far as the, simple last phases of getting our preparing permit.
In respect to the site, we’ll demonstrate to you a few pictures in a minute yet our Phase 1 speculation is finished and is prepared to go pending the permitting. What’s more, the Phase 2 extension bring us up to 200,000 kilos likeness process material is on time and on track for fulfillment, March 2019. We had an incredible income quarter and our nourishment business is, exceptionally strong. You’ll see Mario discuss that and additionally a portion of alternate numbers and our money equalization and asset report stays, extremely solid.
So all things considered possibly, Mario, you can take us through a portion of the more point by point take a gander at the financials, at that point we’ll return and speak more about the business stuff. Mario, remove it.