Earth Science Tech (OTCQB: ETST), an innovative
biotechnology company, is increasing the distribution of its full-spectrum CBD
product to wider markets, including pharmacies. Cowen & Co. research
recently found that independent pharmacies appreciate the high margins and
variation from larger chains offered by CBD oils (http://ibn.fm/cmABH). An article
discussing the company reads, “‘CBD products appear to be gaining traction with
independent pharmacies, many of whom are already selling or planning to sell
CBD oils,’ analyst Charles Rhyee wrote in the Cowen report titled ‘Cowen’s
Collective View of CBD’. ‘Independent pharmacies likely find the high-margin
profile of CBD oils attractive, which we suspect is similar to those of more
traditional over-the-counter drugs, as well as the differentiation it affords
independents relative to larger chain pharmacies.’ . . . The Cowen analysis
projects that CBD products in the United States will hit $16 billion by 2025
and reach 10 percent of U.S. adults. Cowen found in a survey of 2,500 adults
that 6.9 percent of Americans already use CBD as a supplement (http://ibn.fm/fej71). Rhyee
added that independent pharmacies like the exclusivity that CBD oils offer them
in their competition with larger chains.”
To view the full article, visit http://ibn.fm/3x33A
About Earth Science Tech Inc.
Earth Science Tech offers the highest purity and quality
high-grade, full-spectrum cannabinoid oil on the market. Studies by DV
Biologics prove the company’s CBD oil formulation lowers cortisol and functions
as a neuro-protectant, with positive-result case studies through key health
organizations. ETST formulates, markets and distributes the CBD oil used for
these studies to the public, offering the most effective quality of CBD on the
market. 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://ibn.fm/ETST
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