NTRR: Feds Increase Cannabis Production as Demand Soars
September 04 2014 - 5:00AM
Business Wire
As Neutra Corp. (OTCBB:NTRR) prepares to debut revolutionary new
indoor horticulture tools in a hungry marketplace, the demand for
medical cannabis has grown so strong that even the federal
government is increasing its production of the herb.
The Los Angeles Times reported last week that the U.S.
government will grow more than 30 times the amount of marijuana
this year than in the last several years. The quota of plants was
sharply increased due to an increase in demand from National
Institute on Drug Abuse researchers, who are studying cannabis for
a variety of projects.
The move is only the latest sign that nationwide demand for the
plant and research into its uses continues to swell. Twenty-three
states and the District of Columbia currently allow medical
cannabis, and two of those, Colorado and Washington, also allow
recreational use of the herb. Most experts believe that more states
will join them in the months and years to come.
NTRR plans to be well-positioned to capitalize on rising demand.
The company is preparing to help launch a new product alongside
joint venture partners Vertigo Technologies that could make
cultivating cannabis and other nutraceuticals easier and more
affordable than ever before. The joint venture aims to introduce a
portable, turn-key indoor growing system featuring anti-microbial
technology designed to eliminate the use of pesticides.
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.Chris Brown, 813-367-2041President and
CEOinfo@neutracorp.com
Neutra (PK) (USOTC:NTRR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Neutra (PK) (USOTC:NTRR)
Historical Stock Chart
From Apr 2023 to Apr 2024