News for $MJNA - (Neutra Corp. Gears Up to Meet
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News for $MJNA - (Neutra Corp. Gears Up to Meet Demand for Medical Marijuana)
Mar 29, 2013 (Close-Up Media via COMTEX) -- As the market for medical marijuana
explodes in the U.S., Neutra Corp., a natural wellness solutions company, is
exploring new ways to produce large, potent buds indoors, without soil,
year-round, no matter the weather, the Company reported.
In a release, Neutra said that new improvements to existing technology will both
be needed fast to keep up with demand for medicinal buds. According to research
data released last week by MMJ Business Daily, retail medical cannabis sales
could hit an estimated $1.5 billion in 2013, up 15 percent from last year.
Cannabis' long-term future in the U.S. appears even brighter: The legalization
of marijuana for adult use in Colorado and Washington - coupled with the
emergence of several new markets and continued overall growth on the medical
side - could boost overall state-legal cannabis sales to $3 billion in 2014 and
$6 billion by 2018.
Where will all of that medical-grade marijuana come from? Neutra said that the
key to consistent production of large supplies of medical cannabis could be
advanced hydroponics technology. Growing marijuana indoors, safe from insects,
disease, pollution and extreme weather, is a major challenge. A great deal of
tools and engineering are necessary to deliver the right amounts and types of
light, water, and nutrients indoors to delicate plants accustomed to sun, rain
and rich soil.
"Researchers on the cutting edge of hydroponics are using marijuana-testing
gardens to create modernized, higher-yielding marijuana nutrients systems than
ever before, but these systems are hardly foolproof," said NTRR CEO Cindy
Morrissey. "We believe that the first company to successfully market a simple,
turn-key system for indoor cultivation stands to profit immensely, which is why
we're exploring many new hydroponic innovations today."
Neutra Corp. is a healthy lifestyle company that specializes in the development
and marketing of natural wellness solutions, including cannabis-related products
and services as well as protective, anti-microbial coatings for indoor and
outdoor surfaces.
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