NTRR's Market Expands as Illinois Becomes 21st to Legalize MMJ
NTRR's Market Expands as Illinois Becomes 21 st to Legalize MMJ
SARASOTA, Fla.--(BUSINESS WIRE)-- The market for Neutra Corp.'s (OTCBB: NTRR) developing line of medical marijuana products and services continued its expansion last week when Illinois joined 19 other states and the District of Columbia in legalizing medicinal cannabis.
When Gov. Pat Quinn signed the state's MMJ bill into law on Thursday, it was a major victory for patients suffering from chronic pain, nausea and other maladies, many of whom worked tirelessly to change the legal standing of treatments long proven effective. It was also a major victory for companies like NTRR who are close to delivering cutting-edge innovations to growing MMJ market nationwide that will make treatments more natural, predictable and beneficial to patients.
The U.S. MMJ sector could be worth an estimated $1.7 billion in sales this year and is forecast to climb to $6 billion by MMJ Business Daily's Marijuana Business Factbook.
"This news is becoming increasingly commonplace in the U.S.," said NTRR CEO Sydney Jim. "Nearly half the states in the union have now passed MMJ legislation. More and more are certain to follow as word spreads about the effectiveness of the latest in MMJ treatments and delivery systems."
Through its subsidiary, Cannabis Technologies, NTRR is working to help introduce the next wave of healthier, more efficient delivery systems to the ever-growing MMJ market. 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.
Sydney Jim, 813-367-2041
President and CEO
KEYWORDS: United States North America Florida Illinois
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