Business
NTRR: U.S. Cannabis Industry Poised for Dramatic Expansion in 2016
NTRR: U.S. Cannabis Industry Poised for Dramatic Expansion in 2016.
About this update from Neutra Corp.
[{"type":"text","content":"\n \n The U.S. cannabis industry is still celebrating its biggest and best \n year ever in 2015, but natural wellness solutions company Neutra \n Corp. (OTCQB:NTRR) is already working on innovative products to \n capitalize on even more dramatic growth to come in 2016. Some analysts \n are predicting that the U.S. cannabis industry could grow by another six \n states in the next 12 months.\n \n \n The staff of Fortune \n magazine recently forecast that cannabis ballot initiatives could open \n the door to legalization in Arizona, California, Maine, Massachusetts, \n Michigan and Nevada in the coming year, with other states potentially \n jumping aboard the bandwagon, as well. With the 2016 Presidential \n election likely to increase voter turnout among younger, more \n cannabis-friendly voters, in particular, NTRR and others marketing \n products ancillary to the booming industry are setting ambitious goals \n for the year to come.\n \n \n “2015 was the most important year yet for the emerging U.S. cannabis \n industry, with Washington and Colorado raking in millions in tax \n dollars,” said NTRR CEO Chris Brown. “According to a recent Gallup poll \n reported by Fortune, nationwide support for cannabis stands at 58 \n percent. With every successful industry rollout, more and more states \n are going to seriously consider cannabis initiatives, and we expect \n several to pass in 2016.”\n \n \n The company won’t limit its efforts to the United States, however. In \n the coming year, NTRR plans to unveil many new products to capitalize on \n the historic growth of the cannabis industry in the U.S., Canada and \n elsewhere. Last week, NTRR signed a letter of intent to partner with a \n Canadian company to help market and develop new cannabis-infused topical \n formulas.\n \n \n About Neutra Corp.\n \n \n Neutra Corp. is a healthy lifestyle company that specializes in the \n development and marketing of natural wellness solutions, including \n cannabis-related products. By providing a variety of new technologies \n designed to ensure safer, more reliable access to cannabis in approved \n markets, Neutra Corp. plans to compete alongside GW Pharmaceuticals \n (NASDAQ: GWPH), Cara Therapeutics Inc. (NASDAQ:CARA) and 22nd Century \n Group, Inc. (NYSE: XXII), delivering technological advancements in the \n cu...