|[January 23, 2014]
NTRR Preps New Products as Legal Marijuana Industry Continues Expansion
TAMPA, Fla. --(Business Wire)--
With the U.S. marketplace for legal cannabis expected to continue its
unprecedented growth this year, the regulated marijuana growers and
sellers are encountering new challenges that Neutra Corp. (OTCBB:NTRR)
is working on innovative technologies to solve.
2014 has already been a landmark year for marijuana reform in the U.S.,
with Colorado businesses racking up more than $5 million in sales in
only the first week of legalized cannabis in the state. Taxed and
regulated marijuana is coming soon to Washington state, too, with others
such as Rhode Island, Alaska, Arizona and California making strides
toward their own new cannabis legislation.
"Since the Justice Department set a precedent last year by allowing the
first new state marijuana laws to go into effect, the floodgates are now
open," said NTRR CEO Sydney Jim. "More states are now set to legalize
this medication-some of them soon. Analysts are predicting that this
will grow into a $10 billion industry by 2018."
NTRR is working to capitalize on rising public demand by creating
innovative new solutions for the growing industry. Alongside partner
Vertigo Technologies, Ltd., the company is developing a turn-key
solution for indoor horticuturalists that includes all of the equipment
necessary to grow strong, healthy plants as well as complete pre- and
post-production prep work. All equipment would come pre-sterilized with
anti-microbial coatings, eliminating the need for pesticides and
It's a product that could soon make setting up a successful indoor grow
faster and easier than ever before-a breakthrough with clear
implications for the booming U.S. cannabis industry.
Neutra Corp. is dedicated to commercializing innovative, all-natural
products to compete in a fast-growing wellness sector alongside Cannabis
Science, Inc. (OTCBB: CBIS), Medical Marijuana Inc. (OTCBB: MJNA) and
Terra Tech Corp. (OTCBB: TRTC).
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 and services as well as protective,
anti-microbial coatings for indoor and outdoor surfaces. For investing
information and performance data, please visit www.neutracorp.com.
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