HOUSTON, TX, Dec. 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Neutra Corporation (OTC PINK:NTRR), an emerging health and wellness research and development company, reflects on the 2023 year and plans for moving forward in 2024. In the previous press release, Neutra announced a medium-term management plan to meet the rapidly increasing demand for the company's modern approach to specialty health and wellness solutions.
Currently, the acquisition has been put on hold due to some internal housekeeping that Neutra must resolve before moving forward. After the internal issues have been resolved, Neutra and Mercury plan to reopen the acquisition through a renewed Letter of Intent. In the interim, Mercury has contracted Neutra's services via the "Clinical Foundations" service model.
"We understand that this postpones the potential acquisition, but looking forward this will create greater synergies between the two companies," said Sydney Jim, Neutra's President and Chief Executive Officer.
Neutra has also made some structural changes in its Hemp Based Cannabis vertical. Since the current climate of the cannabis industry has evolved, Neutra has decided to merge VIVIS and Deity Wellness into one brand. Earlier this month, VIVIS soft-launched its new direct-to-consumer e-commerce platform on https://www.viviscorp.com. In 2024, VIVIS will be launching a suite of new products including new cannabinoid products in both Health Wellness and Recreational Wellness.
"This is exciting for us to work with a developer that has a proven track record in the e-commerce space," said Sydney Jim. "I think consumers will like our new products as well, because we listen to the consumer."
VIVIS plans to announce the full launch of the new e-commerce platform between the first and second quarter of 2024.
About Neutra Corp.
Neutra Corp. is a health and wellness lifestyle company specializing in the development and marketing of natural wellness solutions, including cannabis-infused products and patient-managed services consulting. For investing information and performance data, please visit https://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. In addition, a description of anyone's past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Sydney Jim
3072281488
info@neutrainc.com
