|[May 08, 2014]
U.S. Market for Cannabis-Related Products and Services Primed to Continue Growth
TAMPA, Fla. --(Business Wire)--
As Neutra Corp. (OTCBB: NTRR) prepares new products to service one of
the nation's fastest-growing nutraceutical industries, the market for
cannabis and ancillary businesses continues to grow across the U.S. This
week, the Minnesota Senate passed a bill Tuesday legalizing medicinal
cannabis as the state draws closer to joining 21 other states and the
District of Columbia in allowing use of the herb for medical or
While Minnesota is the latest state to pass medical cannabis
legislation, it is far from the only state considering new laws related
to the herb. Florida, Alaska, New York and others appear primed to
increase access to cannabis, with more states to potentially follow.
U.S. retail cannabis sales will rise more than five-fold over the next
five years, according to new financial data released in the 2014 edition
of the Marijuana Business Factbook. Such predicted growth
would take the industry from an estimated $2.2 billion this year to $8.2
billion in 2018.
In order to share in such extraordinary growth, companies such as NTRR
are developing breakthrough technologies poised to make the cultivation
and delivery of nutraceuticals including cannabis easier and more
reliable than ever before. Alongside its partners, NTRR is working to
present cutting-edge horticultural equipment, all-natural antimicrobial
solutions and smoke-free delivery methods to cannabis' booming ancillary
By providing a variety of new technologies designed to ensure safer,
more reliable access to cannabis in approved markets, Neutra Corp. plans
to enjoy unprecedented growth in 2014 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.
[ Back To Technology News's Homepage ]