KATY, TX / ACCESSWIRE / August 18, 2020 / Neutra Corporation (OTC PINK: NTRR) plans to open a CBD production facility in Texas. The corporate is lately more apparatus than the existing installation, expanding its capacity.
For the time being, the site will be registered at The Katy plant in Neutra, which will be launched in the spring of this year. Apart from a few months, the opening of two new production facilities represents a major achievement for the company, according to Neutra CEO Sydney Jim.
“We made great progress in 2020,” Jim said. “Despite a global pandemic, economic closure and rising national unemployment, we have remained firm in our long-term vertical integration plans. Our good fortune is a tribute to Neutra’s staff and management, as well as to those who have entrusted by making an investment in our developing business.”
The opening of the Katy plant in April allowed Neutra’s subsidiary, VIVIS, to launch 3 new hemp products with CBD. Neutra expects a momentary production site to contribute to the power of the operation and lead to superior capacity and forged expansion of the product range.
COVID-19 and the resulting economic closure did not curb demand for hemp-based CBD products. According to market research organization Brightfield, 40% of CBD users reported increasing their consumption in recent months. Prices for high-end products have fallen, making quality offers, such as those sold through VIVIS, more for more buyers. VIVIS hemp products are tested through an external laboratory to determine their purity and strength, a key differentiator for VIVIS on the market.
For more information on those and other VIVIS hemp-based CBD products, visit the company’s online page at http://viviscbd.com.
About Neutra Corp.
Neutra Corp. (NTRR) is a start-up development and research company that aims to provide modern and healthy responses to a multi-billion dollar market. Advanced technologies in the nutraceuticals, food and medicine and environmental cleansing sectors are creating a new type of global culture in which consumers demand access to products that advertise fitness and the potential dangers of fitness. One of the nutraceutical submarkets is the new and thriving CBD market based on hemp, in which the Company intends to participate. For more information, visit the company’s online page at http://www.NeutraInc.com.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release has forward-looking data 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, adding statements that come with the words “believes” , “expects,” “anticipates, or similar expressions. These forward-looking statements involve known and unknown risks, uncertainties, and other points that would possibly cause the Company’s actual results, functionality, or achievements to differ materially from those expressed or implied in such forward-looking statements.
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SOURCE: Neutra Corp