Neutra Corp., a healthy lifestyle company that specializes in the
development and marketing of natural wellness solutions, continues in its
efforts to bring-to-market new products for the fast-growing medical marijuana
industry. The company, and the medical marijuana industry as a whole, are
benefiting from new guidelines issued by the federal government that enable
state-regulated marijuana businesses to enjoy easier access to financial
services and institutions.
Until this point, medical marijuana businesses in the twenty states and
Washington DC where medical marijuana has been legalized had been compelled to
only deal in cash. Financial institutions within these areas had been reluctant
to serve these businesses due to legal risks associated with their service,
thereby cutting off the businesses’ accessibility to more convenient financial
products and services.
On Friday, the U.S. government issued new regulations that increase
financial institutional accessibility to medical marijuana business licensed
and regulated by their respective states. Many onlookers are pointing to this
development as proof of the growing acceptance and normalization of cannabis in
the American marketplace.
“These federal guidelines are a direct result of the overwhelming demand
for medicinal marijuana,” said NTRR CEO Sydney Jim. “This is a thriving new
market that is simply too large, too popular, and too profitable to remain shut
out of the banking industry. With these new rules in place, we fully expect to
see growth accelerate in this sector.”
This week, Neutra Corp. announced that it had acquired Diamond Anvil
Designs, a cutting-edge developer of smoke-free nutraceutical delivery systems
that can be adapted to deliver a variety of substances, including dry herbs,
oils, and waxes. With this acquisition, Neutra Corp. is looking to
bring-to-market a new, customizable vapor pen that will be of great customer
value.
For more information, visit: www.neutracorp.com
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