NTRR Hopes to Build a Winning Team via Joint Venture!
TAMPA, Fla.–(BUSINESS WIRE)–
As the $2.3 billion legal cannabis market in the U.S. continues to grow, all-natural wellness provider Neutra Corp. (NTRR) and its joint venture partner Vertigo Technologies, Inc., took a big step toward revolutionizing indoor growing operations across the country this week.
Vertigo has acquired Contain A Grow, a producer of self-contained, indoor horticulture systems that can be implemented virtually anywhere. The company’s all-in-one system can be used to produce any number of indoor crops, but could be especially useful for growers in Colorado and other booming horticultural markets in which high yields and speedy production are especially crucial to business.
NTRR formed a joint venture with Vertigo last year to help market and develop a turn-key solution for indoor horticulturalists that includes all of the equipment necessary to grow strong, healthy plants as well as complete pre- and post-production prep work. The new acquisition will be included in that deal, entitling NTRR to a share of any revenues generated by Contain A Grow.
“What we plan to bring to market is a portable, antimicrobial environment that contains everything needed to begin producing high-quality crops using traditional horticulture or hydroponics,” said NTRR CEO Chris Brown. “It’s a foolproof system for growing any number of cash crops indoors.”
As the cannabis industry in the U.S. rapidly approaches a regulatory tipping point, Neutra Corp. is hard at work marketing and developing top technological innovations designed to dramatically improve efficiency across the fast-growing market. By providing a variety of new technologies designed to ensure safer, more reliable access to cannabis and other nutraceuticals in approved markets, Neutra Corp. plans to enjoy unprecedented growth in 2014 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.
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. For investing information and performance data, please visit www.neutracorp.com.
source: https://finance.yahoo.com/news/ntrr-partner-vertigo-technologies-acquires-090000981.html
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