Tuesday, September 23, 2014
NTRR: ‘Reciprocity’ Could Pay Big Dividends in Cannabis Market
TAMPA, Fla., Sep 23, 2014 (BUSINESS WIRE) A new experiment in Nevada could pay big dividends for Neutra Corp. (OTCBB: NTRR) and others preparing products for the booming U.S. cannabis industry and ancillary markets. In a few months, the state of Nevada will blaze a new trail in the medical marijuana industry with a provision in the law state legislators passed last year allowing dispensaries to set up shop. The new provision allows any legally registered medical cannabis patient from anywhere in the world to purchase marijuana in any Nevada dispensary. The policy is known as reciprocity, and it has opened the door to cannabusinesses in Nevada targeting out-of-state MMJ patients as a market. Companies such as NTRR, which is preparing to release multiple new products into the U.S. cannabis market, are hoping the idea catches on. If reciprocity is successful in Nevada, we could see this policy spread to other markets, potentially even sparking prescription efforts in regions where they
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