Neutra Heads to Oklahoma to Secure CBD Project

Rhea-AI Summary

Neutra Corporation (OTC PINK:NTRR) is embarking on a new CBD product development project in collaboration with a significant group in Oklahoma. The project will leverage their state-of-the-art facility in Katy to produce a diverse array of hemp-based CBD products, including tinctures and gummies, which are THC-free and compliant. Despite challenges from COVID-19, demand for these products remains strong, with 40% of CBD users reporting increased consumption. VIVIS's products are uniquely differentiated by third-party lab testing for purity and potency.

Positive

• New CBD product development initiative targeting Oklahoma.
• Increased production capacity at the Katy facility for diverse CBD products.
• Growing demand for hemp-based CBD products despite COVID-19.
• Third-party testing of products enhances market differentiation.

Negative

• None.

KATY, TX / ACCESSWIRE / August 11, 2020 / Neutra Corporation's (OTC PINK:NTRR) is meeting with a large group that wants VIVIS CBD to develop a specific product for their needs. The roll out would place the new developed product at multiple locations within the Oklahoma area.

"We welcome taking on new projects," Jim said. "Developing something unique to the market is also fun and exciting."

Thanks to the new facility in Katy, VIVIS is producing compliant, full-spectrum distillate, broad-spectrum distillate, 99%+ crystalline cannabidiol (Isolate). The company is also able to make a wider range of end-user CBD products than before, such as tinctures, gummies, lotions, salves, etc.

As the tincture and the gummies are derived from hemp, both are zero-THC products, meaning neither contains the chemical compound that gives users a chemical high. THC is found in cannabis-derived products, but not in hemp-based ones, which is why hemp-based products are legal to buy, sell and consume.

COVID-19 and the resulting economic shutdown has not slowed demand for hemp-based CBD products. According to market research group Brightfield, 40 percent of CBD users said they have increased their consumption in recent months. Prices from premium products have fallen, making quality offerings, such as those sold by VIVIS, more affordable for a greater number of buyers. VIVIS hemp-based products are tested by a third-party lab for purity and potency - a key differentiator for VIVIS in the market.

To learn more about these and other VIVIS hemp-based CBD products, visit the company's website at http://viviscbd.com.

About Neutra Corp.

Neutra Corp. (NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture-one where in which consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical sub-markets is the new thriving hemp-based CBD market, in which the Company intends to participate. For more information, visit the Company's website at http://www.NeutraInc.com.

NOTICE REGARDING FORWARD LOOKING STATEMENT

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.

Neutra Contact:
Sydney Jim
888-433-4033
info@neutrainc.com

SOURCE: Neutra Corp

View source version on accesswire.com:
https://www.accesswire.com/601027/Neutra-Heads-to-Oklahoma-to-Secure-CBD-Project

FAQ

What is Neutra Corporation's recent initiative in Oklahoma?

Neutra Corporation is collaborating with a large group in Oklahoma to develop a new CBD product tailored to their needs.

What types of CBD products is Neutra Corporation producing?

Neutra Corporation is producing various hemp-based CBD products, including tinctures, gummies, lotions, and salves.

How has COVID-19 affected the demand for CBD products?

Despite the COVID-19 pandemic, 40% of CBD users have reported increasing their consumption of CBD products.

What distinguishes VIVIS CBD products in the market?

VIVIS CBD products are distinguished by third-party lab testing for purity and potency, ensuring quality for consumers.

What is the significance of THC-free products from Neutra Corporation?

THC-free products from Neutra Corporation are legal and safe for consumers, avoiding the psychoactive effects associated with THC.