STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Neutra to Target Baby Boomers in Home Health and Hospice Care Bid

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Neutra Corp. (OTC PINK:NTRR) is exploring opportunities in the home health and hospice care sector, specifically targeting the Baby Boomer demographic. CEO Sydney Jim highlighted the potential for CBD products to provide relief for this aging population, who are increasingly dealing with bodily pains and mental anxiety. With about 71 million Baby Boomers in the U.S., there is a growing interest in CBD, with 8% currently using it. Neutra aims to tap into this market, offering high-quality CBD options to cater to their needs.

Positive
  • Exploration of home health and hospice care targeting Baby Boomers.
  • Growing interest in CBD products among Baby Boomers, with potential market size of 71 million individuals.
Negative
  • None.

KATY, TX / ACCESSWIRE / May 19, 2021 / Neutra Corp. (OTC PINK:NTRR) is closely examining options to enter the home health and hospice care business. The company believes the market offers a potentially sizeable opportunity for CBD products aimed at aging members of the Baby Boomer generation now retiring in large numbers.

"Recently retired Baby Boomers represent a great untapped source of customers and revenues for a CBD company like ours," said Neutra CEO Sydney Jim. "As Baby Boomers reach retirement age, they're experiencing greater bodily pains and mental anxiety. CBD products can provide fast, inexpensive relief without the trouble of visiting a doctor. We're thinking that Baby Boomers, a generation that was never afraid to try new things, would welcome a high-potency, high-quality CBD option as part of their daily home health and hospice care to manage pain and overcome worry."

Baby Boomers are Americans born between 1946 and 1964. Pew Research estimates there are 71 million Baby Boomers in the U.S. between the ages of 75 and 56. They're currently the second-largest generation of Americans, having been surpassed by Millennials in 2019. Almost 10,000 Baby Boomers turn 65 every day and all Baby Boomers will reach that age by 2030.

Millennials are the biggest users of CBD products like those made by Neutra subsidiary VIVIS, but Baby Boomers' interest is growing. A recent study showed that 8% of those aged 65 and older use CBD and that 15% had tried it. That number could grow as more Baby Boomers learn of the health care and hospice advantages CBD offers.

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/648174/Neutra-to-Target-Baby-Boomers-in-Home-Health-and-Hospice-Care-Bid

FAQ

What is Neutra Corp's new strategy related to Baby Boomers?

Neutra Corp is exploring opportunities in home health and hospice care, focusing on CBD products for the Baby Boomer generation.

How many Baby Boomers are there in the U.S.?

There are approximately 71 million Baby Boomers in the U.S., born between 1946 and 1964.

What percentage of Baby Boomers currently use CBD products?

About 8% of individuals aged 65 and older currently use CBD products.

What potential benefits does CBD offer to Baby Boomers?

CBD products could provide fast and inexpensive relief from bodily pains and mental anxiety for Baby Boomers.

What is the stock symbol for Neutra Corp?

The stock symbol for Neutra Corp is NTRR.

NEUTRA CORPORATION

OTC:NTRR

NTRR Rankings

NTRR Latest News

NTRR Stock Data

875.37k
2.90B
0.69%
Biotechnology
Healthcare
Link
United States of America
Sugar Land