Inergetics Enters into Strategic Partnership with Terra Tech Corporation to Develop a New Line of Hemp Oil-Based Nutritional Supplements
05 Feb 2014 --- Inergetics, Inc., a leading developer of nutritional supplements, announced it has entered into a strategic partnership with Terra Tech Corp, a fast-growing urban agricultural company, to jointly develop a line of natural Cannibidiol based nutritional supplements.
The strategic partnership will combine Inergetics' proven expertise in successfully developing and marketing innovative nutritional supplements that help consumers lead better and healthier lives with Terra Tech Corp's agricultural expertise and established distribution network of dispensaries in medical cannabis markets.
The featured active ingredient in this new product line will be Cannibidiol (CBD), a non-psychoactive component of cannabis that possesses a wide range of therapeutic benefits. The supplements will be initially marketed to consumers of medical cannabis in legally approved markets who suffer from nausea and/or illnesses such as glaucoma, and who can benefit from CBD's pain management and other therapeutic properties. To date, 20 states and the District of Columbia have enacted laws to legalize medical marijuana.
"We're pleased to be entering into this strategic partnership with Terra Tech and we look forward to developing a unique supplement line to help patients manage their pain," said Inergetics CEO Mike James. "This partnership will help Inergetics expand our product line into pain management supplements for consumers who are looking to address these symptoms while improving their quality of life."
"Inergetics has formulated and distributed major brands nationwide and their products have been endorsed by both athletes and celebrities giving us the confidence that we have selected a top tier development partner," said Terra Tech CEO Derek Peterson. "This partnership will allow both Terra Tech and Inergetics to reach a growing number of patients who turn to natural supplements to help manage pain, nausea and other debilitative symptoms."
Consumers that are utilizing compounds extracted from plants for medicinal purposes are beginning to demand a higher caliber of product. Inergetics manufacturing standards, quality controls and extraction methods are second to none. Relying on their core strengths, the company plans to introduce a medical grade quality product to consumers throughout states with current medical cannabis laws in the near future.
