NTRR: Cannabis Boom Continues as New Markets Open
05 August 2014 - 11:40AM
Business Wire
As Neutra Corp. (OTCBB: NTRR) prepares to begin manufacturing
and distributing its subsidiary’s groundbreaking new vapor pen
product, demand for cannabis-related products has taken another
jump as recreational sales begin in the state of Washington.
The second state to legalize recreational cannabis, Washington
joins a fast-growing market that's already generating tens of
millions of dollars in taxes with no signs of slowing down. Huge
demand has already led to significant shortages of the herb as
lines snaked around the block at some stores.
On the other side of the country, cannabis was decriminalized in
the District of Columbia last month as the U.S. continues to
reassess the status of the herb. The rapid growth of the domestic
cannabis industry is good news for NTRR as the company works to
offer new advances in nutraceutical cultivation and delivery.
NTRR is working to assist partner Vertigo Technologies in
delivering a turn-key solution for indoor horticulturalists that
could be especially useful for growers in Washington and other
Northern horticultural markets for whom year-round yields and
speedy production are especially crucial to business. Additionally,
the partners are developing anti-microbial solutions that could one
day eliminate the need for pesticides in the herb’s
cultivation.
Late last month, NTRR announced that it ordered the first
production run of a new vapor pen featuring customizable power
levels, multi-substance vaporization capacity and best-in-class
durability, making it a unique and groundbreaking product in the
fast-growing vaporization industry.
By providing a variety of new technologies designed to ensure
safer, more reliable access to cannabis in approved markets, Neutra
Corp. plans to compete alongside Cannabis Science, Inc. (OTCBB:
CBIS), Medical Marijuana Inc. (OTCBB: MJNA) and Vape Holdings Inc.
(OTCBB: VAPE), delivering technological advancements in the
cultivation and processing of cannabis in approved markets.
About Neutra Corp.
Neutra Corp. is a healthy lifestyle company that specializes in
the development and marketing of natural wellness solutions,
including cannabis-related products. For investing information and
performance data, please visit www.neutracorp.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
“believes,” “expects,” “anticipate” or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of success. This news release speaks
as of the date first set forth above and the Company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.
Neutra Corp.Sydney Jim, 813-367-2041President and
CEOinfo@neutracorp.com
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