With the passage of new state laws allowing for legal cannabis, the domestic marketplace for legal cannabis is increasing quickly by leaps and bounds. As regulated marijuana growers and sellers encounter challenges in meeting this unprecedented demand, Neutra Corp. is working to develop innovative technologies for meeting the challenges that come with meeting new levels of market demand.
“Since the Justice Department set a precedent last year by allowing the first new state marijuana laws to go into effect, the floodgates are now open,” said Neutra Corp. CEO Sydney Jim. “More states are now set to legalize this medication—some of them soon. Analysts are predicting that this will grow into a $10 billion industry by 2018.”
Notably, in the opening throes of 2014 Colorado businesses racked up $5 million in sales in just the first week marijuana became legal in the state. Taxed, regulated marijuana will soon be coming to Washington state, and states such as Rhode Island, Alaska, Arizona, and California have bill proposals for various forms of legalization of marijuana in their “legislative pipelines”.
Specifically, Neutra Corp. is seeking to capitalize on this rising demand by creating a turnkey solution that allows indoor horticulturalists, which includes all equipment necessary for growth of strong, healthy plants and completion of pre- and post-production work. All equipment would come pre-sterilized with anti-microbial coatings, eliminating the need for pesticides and antibiotics. With this turnkey solution, indoor horticulturalists may be able to grow plants faster and easier than ever before—a breakthrough development with strong market potential in this booming industry.
Neutra Corp. looks to develop and commercialize a host of all-natural products for the growing wellness sector of the United States.
For more information, visit: www.neutracorp.com
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