On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Earth Science Tech Inc. (ETST) Focused on CBD-Rich Hemp Oil Marketing, Education

  • The company’s priority is on research and development of innovative hemp extracts
  • ETST aims to be a global supplier of hemp oil enriched with CBD
  • Its product sales were up 66 percent for the year ended March 31, 2019, driven by full-spectrum cannabinoids

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, reported in an SEC 10-K filing that it is prioritizing the marketing of CBD-rich hemp oil and consumer education about the oil’s health and nutritional benefits. ETST markets a complete line of high-grade hemp-CBD oils, hemp-CBD caps and CBD pet oils, with the entire line featuring full-spectrum, pure CBD oils obtained through a super-critical CO2 cold-liquid extraction method (http://nnw.fm/sXqz2).

This focused marketing strategy has paid off, as ETST reported a 66.4 percent increase in product sales for the year ended March 31, 2019. Sales totaled $770,635, as compared to $463,108 for the same period in 2018. ETST attributed the increase to its line of branded, full-spectrum cannabinoids as the company continues to expand and maintain its core customer base.

ETST’s corporate strategy is “to design and produce CBD-enhanced nutraceutical products for sale to the general public. (It) intend(s) to create high-grade, CBD-rich hemp oil and other CBD-containing products unique to the current market in the nutraceuticals industry. (The company) believe(s) that (its) formulations will set (it) apart from competing products for promoting health.”

The company’s goal is to “offer a wide selection of health and nutrition products through online, clinics, pharmacies and in-store retail,” noting that its “product selection includes many high-quality supplement brands and includes (its) proprietary CBD-rich hemp oil.”

A priority for ETST is also to advance a variety of high-quality hemp extracts with a broad profile of cannabinoids and additional natural molecules found in industrial hemp and to identify their distinct properties. In addition to its marketing efforts, ETST is a biotechnology company that conducts R&D, then formulates, markets and distributes the CBD oil used for its studies to the public.

ETST conducts research through the University of Central Oklahoma and DV Biologics LLC, an independent biologics firm that operates in the fields of hemp-derived cannabinoids, nutraceuticals, pharmaceuticals and medical devices.

Hemp-based CBD is one of at least 80 cannabinoids found in hemp and is non-psychoactive. The company is striving to scale up its processing capability to accommodate new products in its pipeline. These efforts are particularly timely, as Arcview Market Research projects that legal cannabis sales in North America will reach $20.2 billion by 2021, growing at a compound annual growth rate (CAGR) of 25 percent from 2016 (http://nnw.fm/XeXK1).

For more information, visit the company’s website at www.EarthScienceTech.com

NOTE TO INVESTORS: The latest news and updates relating to ETST are available in the company’s newsroom at http://nnw.fm/ETST

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Archives

Select A Month

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217