SARASOTA, Fla.--(BUSINESS WIRE)--A recent earth-shaking announcement by the Department of Justice is being greeted as incredibly promising news by Neutra Corp. (OTCBB: NTRR) and other providers of technologies used in the medical marijuana sector.
On August 30, Attorney General Eric Holder informed the governors of Washington and Colorado that the Department of Justice would allow the states to create a regime that would regulate and implement the ballot initiatives that legalized the use of marijuana for adults. It was a major victory for cannabis activists in the U.S., painting a brighter picture of the industry’s future, opening the door for legalization in more states and increasing the possibility of fundamental, nationwide change.
The DOJ announcement also could improve the funding climate for cannabis considerably, encouraging banks and investors who have been waiting on the sidelines to get involved in some of the nation’s largest approved markets for medical marijuana.
That’s fantastic news for NTRR. As part of an ambitious strategy to gain market share in a sector forecast to reach $6 billion over the next five years, NTRR has initiated development on a horticultural post-production system alongside partners Vertigo Technologies that could soon revolutionize the time and care needed to deliver medicinal cannabis to patients.
The company has also begun research and development activities on a new cutting-edge oral delivery system for nutraceuticals including MMJ.
By providing innovative nutraceutical products and services such as new MMJ breakthroughs, Neutra Corp. plans to follow in the footsteps of other successful public companies including Cannabis Science, Inc. (OTCBB: CBIS), Medical Marijuana Inc. (OTCBB: MJNA) and Terra Tech Corp. (OTCBB: TRTC), delivering technological advancements in the cultivation and processing of cannabis in approved markets.
For more information on NTRR’s initiatives, please visit www.neutracorp.com.
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.
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