Neutra Nears Major International Agreement with Mexican Distributor for VIVIS CBD Manufactured Products
Neutra Corp. (OTC PINK:NTRR) is negotiating with a Mexican company to distribute VIVIS-manufactured CBD products in Mexico. This agreement aims to bolster their international presence, following Neutra's record sales in March 2021. The Mexican CBD market is projected to grow significantly, reaching over $275 million by 2025. Neutra's CEO, Sydney Jim, highlighted the opportunity for growth and the potential of their lab-tested CBD products. The company’s strong sales performance is attributed to the reopening of retail spaces post-COVID-19 pandemic.
- Negotiation with a Mexican distributor opens a new international market.
- Record sales achieved in March 2021 due to effective national sales team and retailer accessibility.
- None.
KATY, TX / ACCESSWIRE / April 6, 2021 / Neutra Corp. (OTC PINK:NTRR) reports it's currently in negotiations with a Mexican company for distribution of VIVIS-manufactured CBD products throughout Mexico. When completed, the agreement will give Neutra and VIVIS an international presence just days after Neutra announced it had set a new company sales record in March 2021.
"This will open up an entirely new and exciting market for us," said Neutra CEO Sydney Jim. "It represents a great opportunity to grow our manufacturing capabilities and introduce more people to the quality of VIVIS' lab-tested CBD products. Combine this with our ongoing big box retail push and our recent sales success, and the rest of 2021 is looking quite promising for Neutra and its shareholders."
Hemp-based CBD products, like VIVIS' supplements, oils, topicals and gummies, are legal in Mexico so long as they contain less than
Some analysts expect Mexico to rapidly become one of the biggest consumer CBD markets, representing a lucrative opportunity for companies like Neutra.
Neutra has already announced it hit a record sales level in March 2021. This sales high is due to the work of the new national sales team and many states opening their economies as the COVID pandemic recedes, enabling shoppers to visit more retailers.
About Neutra Corp.
Neutra Corp. (OTC PINK: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 STATEMENTS
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/639042/Neutra-Nears-Major-International-Agreement-with-Mexican-Distributor-for-VIVIS-CBD-Manufactured-Products
FAQ
What recent agreement is Neutra Corp. pursuing regarding CBD products?
How has Neutra Corp. performed in sales recently?
What is the projected growth of the Mexican CBD market?
What is the significance of the agreement for Neutra Corp.?
