Neutra's MMJ subsidiary forms joint venture to market, develop cannabis delivery systems

Jun 5 2013

In a major step forward in its plans to deliver healthier, more effective innovations to the fast-growing medical marijuana (MMJ) industry in the U.S., Neutra Corp. (OTCBB: NTRR) announced today that its MMJ subsidiary, Cannabis Technologies, Inc., has formed a new joint venture with Field of View Technologies, LLC, to market and develop breakthrough cannabis delivery systems.

“But this is only the beginning. We have very aggressive growth goals for 2013, and we're already working on additional partnerships that will help us capture a large share of this emerging industry.”

Smoke-free cannabinoid delivery systems have exploded in popularity with medical marijuana (MMJ) users in recent years, with vaporizers, throat sprays, oral capsules, edibles and other innovations replacing pipes and cigarettes altogether for many patients. These breakthroughs deliver the same therapeutic effects of the drug without the potential dangers and restrictions associated with smoking.

Los Angeles-based Field of View Technologies is a cutting-edge leader in the development of new cannabinoid delivery systems. Through their joint venture, NTRR will assist in marketing these new MMJ alternatives and continuing to develop new and better solutions for patients in the booming $1.7 billion MMJ market nationwide.

"We're tremendously excited about our new partnership with Field of View, and we can't wait to begin working alongside them," said NTRR CEO Sydney Jim. "But this is only the beginning. We have very aggressive growth goals for 2013, and we're already working on additional partnerships that will help us capture a large share of this emerging industry."