Neutra
Corp. (OTCQB: NTRR), an early-stage research and development company, this
morning announced that it has executed a letter of intent (“LOI”) with
Orgaceutical that could initiate the joint development of various additional
hemp-based medicinal products. Per the agreement, Harrisburg, PA-based
Orgaceutical will provide Neutra access to its formal research results to
explore the use of cannabinoids as antioxidants and neuro-protectants. In
addition, Neutra will obtain rights to a federally registered hemp trademark
and a license for hemp cultivation issued by the Commonwealth of Pennsylvania’s
Department of Agriculture. “This LOI will propel us into an excellent position for
research and development of exciting new applications for hemp-based medicinal
CBD products,” Neutra CEO Sydney Jim stated in the news release. “With the
cultivation license, we’ll have a constant and consistent supply of quality
hemp under a vertically integrated cultivation model. With the research
license, we’ll be free to explore new uses for hemp and products derived from
it. Finally, with the trademark, we’ll have a federally protected brand name to
pair with our existing VIVIS product line.”
To view the full press release, visit http://ibn.fm/Qh7UV
About Neutra Corp.
Neutra Corp. (NTRR) is an early-stage research and
development company with a focus on bringing modern healthy living solutions to
a multibillion-dollar market. Cutting-edge technologies within the
nutraceuticals, food and drug, and environmental purification sectors are
creating a new kind of world culture—one where consumers are demanding access
to products that promote health and stave off potential health dangers. One of
the nutraceutical submarkets is the thriving hemp-based CBD market, in which
Neutra Corp. intends to participate. For more information, visit the company’s
website at www.NeutraInc.com.
NOTE TO INVESTORS: The latest news and updates
relating to NTRR are available in the company’s newsroom at http://ibn.fm/NTRR
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