Tuesday, 07 December 2021 03:07 GMT

Neutra Corp hails new Canada cannabis ruling

(MENAFN- ProactiveInvestors)Neutra Corp (OTCQB:NTRR) a firm which  develops new technologies for cannabis growers says it and others in the industry could be boosted by a new Canada federal court ruling. The judge ruled yesterday that medical cannabis patients have the right to grow their own plants reversing a ban instituted by Canada's previous government. The ruling was the result of a group of British Columbia residents taking the nation to court three years ago arguing that haiving to buy medication from licensed producers instead of growing their own violated constitutional rights. The firm added the ruling comes on the heels of new Prime Minister Justin Trudeau's pledge to legalize adult-use cannabis across Canada. "Economists estimate that the country's cannabis market could surpass US$7 billion annually" the company said. To further capitalize on the projected growth of the Canadian cannabis industry the company formed another joint venture last month with Vancouver-based Oceanview Health Services. This is for research into cutting-edge topical creams oils salves lotions and other products that have been infused with medicinal cannabis. NTRR already has numerous relationships within the Canadian cannabis industry. Alongside its joint venture partner Surface to Air Solutions (S2O2) NTRR is working to offer cannabis growers and other businesses a suite of horticultural technologies designed to reduce or eliminate reliance upon pesticides to produce healthy crops. 

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.