MondayMay 06, 2013 11:42 am

Neutra Corp. (NTRR) Names Sydney Jim as President, CEO

Natural wellness solutions company Neutra Corp. reported on Friday the promotion of Sydney Jim to president and CEO. The company said that Jim will succeed Cindy Morrissey, who is stepping down after years of leading start-up companies to pursue new challenges. As president and CEO, Jim's immediate focus will be on the company's efforts to break into the booming medicinal cannabis industry in the U.S. He will take the lead as the company enters negotiations toward possible joint ventures with medical marijuana innovators on the West Coast, the company said. Jim joined Neutra Corp.'s executive management team last month after…

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TuesdayApr 16, 2013 11:35 am

Neutra Corp. (NTRR) Eyes Deals for Growth

U.S. wellness company Neutra Corp. on Tuesday said it was working on a list of potential mergers and acquisitions (M) targets, as part of a drive for growth this year. The company plans an aggressive M strategy that would give it more share of the growing USD1.7bn (EUR1.3bn) medical marijuana market (MMJ) in the U.S., it explained. Without giving any specific details as to the potential targets, Neutra said it was eyeing acquisition and partnership deals with emerging MMJ firms. Its executive leadership will meet in California this week with veterans in the MMJ industry and will be looking for…

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