NTRR Initiates Talks With Potential Partners in California's Booming Medical Marijuana Market
SARASOTA, Fla.--(BUSINESS WIRE)-- Following a successful scouting trip to California last week, Neutra Corp. (OTCBB: NTRR) continues talks with veterans of the state's booming medical marijuana (MMJ) industry as the company works to forge new partnerships in the $17 billion U.S. MMJ sector.
Since voters approved California's medical marijuana program in 1996, the state has become home to the largest MMJ market in the U.S., with an estimated 750,000 qualified patients. NTRR has made California the staging point for its efforts to build market share in the industry by basing its new medicinal cannabis subsidiary—Cannabis Technologies, Inc.—in Los Angeles.
Last week, NTRR leadership met with growers, dispensary owners, product developers and others, scouting potentially profitable new innovations in MMJ technology, systems, products and processes. Helping to bring game-changing breakthroughs in treatment and technology to the cannabis sector is key to the company's aggressive mergers and acquisitions strategy.
NTRR's next step will be negotiations toward possible joint ventures with MMJ innovators on the West Coast.
By providing innovative products and services related to MMJ, Neutra Corp. plans to follow in the footsteps of other successful public companies, including Cannabis Science, Inc. (CBIS), Medical Marijuana Inc. (MJNA) and Terra Tech Corp. (TRTC), enabling technological advancements in the cultivation and processing of cannabis in approved markets.
For more information on NTRR's initiatives, please visit www.neutracorp.com/investors.html.
About Neutra Corp.
Neutra Corp. (www.neutracorp.com) 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/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, 713-821-1486
President and CEO
KEYWORDS: United States North America California Florida
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