NEWARK, N.J., July 29, 2014 /PRNewswire/ — Inergetics, Inc. /quotes/zigman/5793284/delayed/quotes/nls/nrti NRTI -2.52% , a leading developer of nutritional supplements, today announced the successful completion of its first phase towards the formulation of its proprietary line of natural cannabidiol CBD-based nutritional supplements it is developing in partnership with Terra Tech Corp (octbb:TRTC). Research shows that cannabinoids have medical application for a range of conditions as varied as epilepsy, glaucoma, osteoporosis, anorexia, Alzheimer’s disease and pain treatment.
Following the recent success of the CBD Medical Advisory Board meeting led by Inergetics’ Chief Science Officer, Carl Germano, RD, CNS, CDN, Inergetics has successfully procured targeted cannabinoids from industrial hemp, cannabis and other unique dietary sources.
“This is a critical milestone for us in our quest to enter the marketplace as the gold standard of cannabinoid supplements,” says Germano. “Innovation in cannabinoid extraction from food sources other than cannabis and hemp as well as leading technology to enhance bioavailability was our number one goal in this important phase of the initiative and we achieved it.”
“Our considerable momentum completing Phase I of our CBD product development is timely with growing validation in the marketplace as a major national news organization like The NewYork Times takes a position as it did this Sunday, July 27th in its editorial section calling for the national legalization of cannabis,” said Inergetics CEO Mike James. “In addition, it is important to note that the medical applications of cannabis and CBD are varied with the greatest opportunity in the broader consumer marketplace. Our progress is significant and puts Inergetics on the leading edge of this business.”
Inergetics’ CBD-based supplements are expected to be distributed via medicinal marijuana dispensaries in 2015.
Continued updates on the CBD product initiative and the Scientific/Medical Advisory Board will be made available at http://www.inergetics.com/cbd-initiative/ .
Inergetics Media Contact
RLM Finsbury
(646) 805-2025
Inergetics@rlmfinsbury.com
Terra Tech Media Contact
Terra Tech Corp.
Bill Clayton, (888)-603-2896
info@terratechcorp.com
About Inergetics, Inc. Inergetics’ /quotes/zigman/5793284/delayed/quotes/nls/nrti NRTI -2.52% 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; SlimTrim, the affordable, premium value diet brand; and OmEssentials®, a line of scientifically advanced nutritional supplements designed to further the health and wellness of yoga practitioners and active individuals.
To learn more about Inergetics, visit www.inergetics.com , and the Inergetics brand websites: www.marthastewartessentials.com , www.surgexsports.com , www.surgexsportsblitz.com , www.slimtrim1.com , www.slimtrim.net , www.bikinireadylifestyle.com , www.kahunasands.com , www.omessentials.com .
About Terra Tech Corp.
Terra Tech Corp. /quotes/zigman/28167004/delayed/quotes/nls/trtc TRTC +0.26% 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.
Copyright (C) 2014 PR Newswire. All rights reserved
US : U.S.: OTC
$ 0.06
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July 29, 2014 10:27a
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US : U.S.: OTC
$ 0.06
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Volume: 160,200
July 29, 2014 10:27a
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$5.12 million
$110,072
US : U.S.: OTC
$ 0.39
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Volume: 301,653
July 29, 2014 10:39a
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$65.31 million
$1.31M
Inergetics Completes Phase I Development of its Therapeutic CBD Line of Products
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