Las Vegas, NV, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Neutra Corp. (NTRR) will be attending one of the nation’s premier cannabis and hemp industry conventions this week in Las Vegas with the aim of finding new technologies, potential partners and deals to expand its market footprint.
MJBizCon is the industry’s preeminent conference, with more than 1,000 exhibitors and over 20,000 attendees. This year’s event will be held Nov. 14-16 at the Las Vegas Convention Center.
“This is an excellent opportunity for us to drive new business and grow our market,” said Neutra Corp. CEO Sydney Jim. “All the industry’s movers and shakers will be there. We’ll be actively scouting for new ideas as well as searching for interested partners who can join us in bringing innovative hemp-based products to the market. We’re expecting to come back with some exciting prospects for future business.”
One area where Neutra Corp. will be looking to expand is cannabidiol, also known as CBD. CBD is a natural, multi-purpose hemp compound that offers a wide range of medical benefits. Users report relief from anxiety, lessening the effects of seizures, slowing of neurodegenerative disorders, pain relief, and alleviation of certain cancer treatment side effects.
As it is derived from a plant, this means CBD is a naturally occurring compound rather than a man-made one, which many users find appealing. And, unlike opioids, CBD users do not face the dangers of addiction.
CBD products include oils, creams, analgesics and supplements. It may also be inhaled via vape oil and a vape pen.
Some experts believe hemp-based CBD could soon outpace medicinal cannabis in market size. Hemp-based products enjoyed a banner year in 2017, topping $820 million in sales. But the market has even greater future potential. An article in Rolling Stone magazine foresees a $22 billion market by 2022.
“MJBizCon will be a fertile hunting ground with plenty of opportunities for us to connect with some heavy hitters in a field that’s enjoying spectacular growth,” Jim said.
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