With Canada Poised for a Cannabis Explosion, NTRR Introduces Distributors to the Diamond Anvil Vapor Pen
TAMPA, Fla.–(BUSINESS WIRE)–
As Canada readies itself for a cannabis explosion after approving industrial cultivation, Neutra Corp. (NTRR) opened talks this week with Canadian distributors about carrying the Diamond Anvil vapor pen, set to enter production this year.
“Canada not only has one of the highest rates of cannabis use in the world, but officials have intimated the country may also approve cannabis for recreational use, which means it’s poised to become one of the world’s top markets for ancillary services and products as well,” said NTRR CEO Chris Brown. “It makes perfect sense for users to want a beautifully designed cutting-edge vaporization pen like the all-in-one portable Diamond Anvil, which is exactly how we presented it to Canadian distributors. We want them to be just as excited about our new vapor pen as we are.”
Since April 1, Health Canada has permitted individuals and companies to possess and hold production licenses for the personal and commercial use of cannabis. With the industrial cultivation of cannabis now approved, the Ministry of Health has received more than 1,000 applications from companies and individuals wanting to grow the herb for medical use. With a reported 40% of Canadians having used cannabis – one of the highest rates of use globally – and suggestions from Canadian officials that it could be approved for recreational use as well, the country is setting itself up to be one of the world’s top markets for the herb, opening the door for companies that offer herb-related products and services.
Earlier this year, NTRR acquired vapor innovators Diamond Anvil Designs in order to develop a lightweight, portable, smoke-free delivery system that will stand out from competing products in the marketplace. The new Diamond Anvil vapor pen features customizable power levels, multi-substance vaporization capacity and best-in-class durability, making it a unique and groundbreaking product in the fast-growing vaporization industry. The company ordered the first production run of the new product from the manufacturer in July.
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. By providing a variety of new technologies designed to ensure safer, more reliable access to cannabis in approved markets, Neutra Corp. plans to compete alongside Cannabis Science, Inc. (CBIS), Medical Marijuana Inc. (MJNA) and Vape Holdings Inc. (VAPE), delivering technological advancements in the cultivation and processing of cannabis in approved markets. For investing information and performance data, please visit www.neutracorp.com.
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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.
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