As part of an aggressive effort to deliver exciting new nutraceutical to the booming U.S. medical marijuana (MMJ) market, Neutra Corp. (OTCBB:NTRR) announced plans today to move forward with a joint venture agreement with Second Wave Ventures, LLC, a cutting-edge developer of cannabinoid products infused with healthy nutrients.
Based in Los Angeles, Second Wave Ventures could soon assist NTRR in marketing and developing new cannabis delivery systems capable of eliminating the potentially harmful side effects associated with smoking the drug. NTRR has been conducting due diligence toward a possible agreement with Second Wave since the companies inked a letter of intent in July.
“Second Wave has come up with some exciting new products with the potential to dramatically improve the experience of medical marijuana patients across the country,” said NTRR CEO Sydney Jim. “We’re highly intrigued by the idea of partnering with them to better serve fast-growing demand for new innovations in this sector.”
In addition to new oral delivery methods, NTRR is also researching and developing nutraceutical innovations that include an advanced horticultural post-production system that could soon revolutionize the time and care needed to deliver medicinal cannabis to patients as well as a simple new system for testing MMJ oils and other substances for adulterants.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. 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 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. 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.
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