Send PM
Followers 568
Posts 68396
Boards Moderated 7
Alias Born 09/27/2006

Re: None

Wednesday, 06/22/2022 9:55:36 AM

Wednesday, June 22, 2022 9:55:36 AM

Post# of 20059
$NTRR NEWS!!! Neutra Thanks Seed Investor, Readies for Strong Second-Half Growth

KATY, TX / ACCESSWIRE / June 22, 2022 / Despite a rough national economy, Neutra Corp. (OTC PINK:NTRR) believes its best days are ahead and is preparing for a strong final six months of 2022. The company has several reasons for optimism, including completion of a new manufacturing facility through the year of the pandemic, a solid portfolio of revenue-producing CBD brands and alternative cannabinoid products, little debt and a focused plan for continued future growth. One thing Neutra is not planning for is a reverse split.

"Let me clear, Neutra has no intention for a reverse split in the foreseeable future," Neutra CEO Sydney Jim said. "We are in a strong position today and there's just no reason for one. Our last debt holder has not converted since 2015. We're in a good spot because we've executed our growth plan and thanks to strong support from Power Up Funding. They've been behind us at every step and we appreciate that."

Jim added that Power Up has completed all of their Series G convertible preferred shares, meaning there will be no more conversions or dilution.

Neutra can boast of several successes so far this year. These include the launching of a new advertising and sales campaign backed by new e-commerce sites for the VIVIS and Deity Wellness brands. Deity also rolled out fresh new designs on packaging for its 10-pack of 25-mg Delta-8 gummies and vape cartridges. The designs better differentiate Deity from the competition.

On the product side, Deity gets ready to launch a new product offering that was due to be launched in April. Fortunately, all the kinks are over with and the new product offering launches next week.

While some economists fear the U.S. may soon slide into a recession, the market for CBD and alternative cannabinoids remains strong. One blogger believes the total Hemp based cannabinoid market will approach $8 billion in 2022 even with recent inflation.

Day Range:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Recent NTRR News

FEATURED Electromedical Update: Strong Q3 Sales Momentum, New Financing , Improved Supply Chain, Expanding Product Development and Production. Oct 6, 2022 7:21 AM

Enerkon Solar International announces Change of Control and name Change to New Technology Acquisition Holdings, Inc. (OTC: NTAC) NTAC Oct 6, 2022 2:20 PM

Green Battery Minerals Completes 2nd Drilling Program At Zone 6 Of The Berkwood Graphite Project GBMIF Oct 6, 2022 1:19 PM

Progressive Care Subsidiary ClearMetrX Launches 340MetrX Platform to Help Streamline 340B Program and Increase Claim Capture RXMD Oct 6, 2022 8:20 AM

Laser Photonics Highlights Key Investment Points for New Investors LASE Oct 6, 2022 7:05 AM

Nextech AR Reports Q3 3D-Model Production Jumps 110% and Sees Strong Continued Demand in Q4 NTAR Oct 5, 2022 10:00 AM

Memorandum of Understanding Signed by Miranda Water Treatment Systems and Rainmaker Worldwide Inc. RAKR Oct 5, 2022 9:02 AM

Trend Innovations Holding Inc. completes Thy News localization testing successfully TREN Oct 5, 2022 9:00 AM

Branded Legacy, Inc. Acquires Alpha Growers, LLC and Adds $320,000 in Assets BLEG Oct 5, 2022 8:45 AM

Glitzy LA luxury private cigar club planned for two blocks from the Walt Disney Concert Hall Oct 4, 2022 6:15 PM

'Posh' brand funding round for all things cannabis kicks off with S.E.C. enrollment for capital raise Oct 4, 2022 5:38 PM

NFL Great, Drew Brees, to Team with Splash Beverage Corp to Promote TapouT Performance Drink SBEV Oct 4, 2022 12:34 PM

Good Gaming Inc. Announces Its Reveal Event For The Water Bear PFP, The First of Ten Species That Make Up The Genesis Collections And Their Cross Platform "Buddyverse" GMER Oct 4, 2022 9:15 AM

Quinting - a luxury Swiss watch brand partners Coinllectibles to launch Digital Ownership Tokens (DOTs) valued at more than US$450,000 at the Global Web 5.0 Conference in Singapore on 1 Nov 2022 COSG Oct 4, 2022 8:03 AM

Swifty Global Gets Swifty Gaming Off to a Flying Start and Updates its Annual Revenue Target DRCR Oct 3, 2022 10:29 AM