NEWARK, N.J., Feb. 4, 2014 /PRNewswire/ -- Inergetics, Inc.
(OTCBB: NRTI), a leading developer of nutritional supplements,
today announced it has entered into a strategic partnership with
Terra Tech Corp (OTCBB: TRTC), 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.
About Inergetics, Inc.
Inergetics' portfolio of brands includes: Martha Stewart™ Essentials, a complete
line of whole-food based supplements created specifically for
women; Surgex® Sports Nutrition, the preferred nutritional
supplement of Army Sports; Bikini Ready®, a leader in weight
loss lifestyle solutions; and SlimTrim™, the affordable,
premium value diet brand.
To learn more about Inergetics, visit www.inergetics.com,
and the Inergetics brands' websites at:
www.marthastewartessentials.com, www.surgexsports.com,
www.surgexsportsblitz.com, www.slimtrim1.com, www.slimtrim.net,
www.bikinireadylifestyle.com, www.kahunasands.com.
About Terra Tech Corp.
Terra Tech Corp. (TRTC) through its wholly-owned subsidiary
GrowOp Technology, specializes in controlled environment
agricultural technologies. The company integrates best-of-breed
hydroponic equipment with proprietary software and hardware to
provide sustainable solutions for indoor agriculture enterprises
and home practitioners. Our complete product line is available at
specialty retailers throughout the United
States, and via our website. Through its wholly-owned
subsidiary Edible Garden, cultivates a premier brand of local and
sustainably grown hydroponic produce, sold through major grocery
stores such as Shoprite, Food Emporium and others throughout
New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania.
Safe Harbor Statement
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical fact, including, without
limitation, those with respect to the objectives, plans and
strategies of Inergetics set forth herein and those preceded by or
that include the words "believes," "expects," "given," "targets,"
"intends," "anticipates," "plans," "projects," "forecasts," or
similar expressions, are "forward-looking statements." Although
Inergetics' management believes that such forward-looking
statements are reasonable, it cannot guarantee that such
expectations are, or will be, correct. These forward-looking
statements involve a number of risks and uncertainties, which could
cause Inergetics' future results to differ materially from those
anticipated. Inergetics assumes no obligation to update any of the
information contained or referenced in this press release.
SOURCE Inergetics, Inc.