NTRR Adds Seasoned Executive for Explosive New Opportunities in Medical Marijuana Industry
SARASOTA, Fla.--(BUSINESS WIRE)-- Neutra Corp. (OTCBB: NTRR), an innovator in all-natural wellness solutions, announced the addition of Sydney Jim to its executive management team today. Mr. Jim will be working alongside CEO Cindy Morrissey, exploring promising new business opportunities in the U.S. medical marijuana (MMJ) industry and other markets.
Since 2011, Mr. Jim has served as Vice President of Business Development for Rockspring Capital, a Houston-based private equity firm with more than $260 million in assets. NTRR will rely on his expertise in implementing solid business strategy as the company pursues new deals and partnerships throughout the nutraceuticals sector.
For now, though, breaking into the booming medicinal cannabis industry remains one of the company's top priorities.
"The medical marijuana industry is booming in markets all over the country, and Sydney will be of invaluable assistance as we work to grow our market share," Morrissey said. "We've already made plans to visit potential targets in California and possibly Colorado this month."
Since 1996, 18 states and the District of Columbia have approved marijuana for medical usage, and the number is growing. Most recently, Colorado and Washington passed laws legalizing the use of marijuana. Bills to legalize medical cannabis dispensaries are now on the table in Oregon and Nevada, two states that have had MMJ laws on the books for years but currently don't allow storefront businesses.
Neutra Corp. is dedicated to commercializing innovative, all-natural products to compete in the fast-growing wellness sector alongside Herbalife Ltd. (NYS: HLF) , Vitamin Shoppe (NYS: VSI) , Nutraceutical International Corp. (NAS: NUTR) and Schiff Nutrition International Inc. (NYS: WNI) .
For more information on NTRR's initiatives, please visit www.neutracorp.com/investors.html.
Follow NTRR on Twitter 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 products to address every component of a healthy lifestyle, including addiction recovery, weight loss and general wellness through a daily nutrition regimen. For investing information and performance data, please visit www.neutracorp.com/investors.html.
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.
Cindy Morrissey, 813-367-2041
President and CEO
KEYWORDS: United States North America Florida
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