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| [March 12, 2013] |
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NTRR: $1.7 Billion Medical Marijuana Market Set to Explode as 'Green Rush' Gathers Steam
TAMPA, Fla. --(Business Wire)--
The incredible growth of the $142 billion global nutraceuticals industry
has been driven by any number of medicinal herbs over the years, and
that trend appears to be continuing in 2013. Neutra Corp. (OTCBB: NTRR)
believes that the biggest story in nutraceuticals this year will stem
from one of the world's most popular medicinal herbs: Cannabis.
Medical marijuana is already big business. Prescription cannabis is now
available in 18 states and Washington, D.C., with 11 more states
considering legislation to legalize the drug for medical use. Currently,
the medical marijuana market in the U.S. is worth $1.7 billion, with
that figure expected to rise as more and more markets open up across the
country.
For NTRR and other nutraceutical companies, the changing laws represent
a huge opportunity.
"New technologies capable of extracting medically useful Cannabidoil
(CBD) from cannabis and hemp are the future of nutraceuticals," said
NTRR CEO Cindy Morrissey. "CBD can be formulated into any number of
existing, all-natural products and treatments, and there's no question
that demand for such products is sky-high and still growing."
NTRR is seeking out new, emerging partners ready to develop and market
innovations in the processing and use of cannabis-derived nutraceutical
treatments for illnesses from cancer and arthritis to simple headaches
and insomnia.
Neutra Corp. plans to follow in the footsteps of other successful public
companies, including Cannabis Science, Inc. (NASDAQ: CBIS), Medical
Marijuana Inc. (PINK: MJNA) and Terra Tech Corp. (NASDAQ:TRTC),
enabling technological advancements in the cultivation and processing of
cannabis in approved markets.
"This is a whole new industry, essentially, and the 'green rush' to
capitalize is fully underway," Morrissey said.
The company is also pursuing innovations in anti-microbial coatings for
surfaces in hospitals and other public spaces. Neutra Corp. is dedicated
to commercializing innovative, all-natural products to compete in the
fast-growing wellness sector alongside Herbalife Ltd. (NYSE: HLF) and
Nutraceutical International Corp. (NASDAQ: NUTR).
For more information on NTRR's nutraceuticals initiative, please visit www.neutracorp.com/investors.
Follow NTRR on Twitter (News - Alert) at www.twitter.com/neutracorp.
About Neutra Corp.
Neutra Corp. (www.neutracorp.com)
is a healthy lifestyle company that specializes in the development and
marketing of natural wellness solutions. The company is currently
working to produce a full range of non-toxic products to address every
component of a healthy lifestyle. For investing information and
performance data, please visit www.neutracorp.com/investors.
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 future
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.

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