New Markets Open up for NTRR Products
MIRAMAR BEACH, Fla.--(BUSINESS WIRE)--As Neutra Corp. (OTCBB: NTRR) and its joint venture partners work to create innovative new indoor horticulture solutions, an enormous market for medical cannabis cultivation appears to be opening up in Canada.
“Prospects for the future of Canada’s cannabis market appear highly promising.”
Since April 1, Health Canada has permitted individuals and companies to possess and hold production licenses for the personal and commercial use of cannabis. With the industrial cultivation of cannabis now approved, the Ministry of Health has received about 900 applications from companies and individuals wanting to grow the herb for medical use.
With many Canadian officials now suggesting that the country could approve cannabis for recreational use, as well, Canada could be poised to become one of the world’s top markets for cannabis and ancillary businesses such as NTRR’s.
“Canada boasts one of the most socially libertarian governments in the Americas along with some of the lowest energy costs in the world and terrific infrastructure,” said NTRR CEO Sydney Jim. “Prospects for the future of Canada’s cannabis market appear highly promising.”
NTRR is working to assist partner Vertigo Technologies in delivering a turn-key solution for indoor horticulturalists that could be especially useful for growers in Canada and other wintry horticultural markets for whom year-round yields and speedy production are especially crucial to business. Additionally, the partners are developing anti-microbial solutions that could one day eliminate the need for pesticides in the herb’s cultivation.
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.