Earth Science Tech Inc. (ETST) Expands Distribution for CBD Products on Market Expected to Reach $16 Billion

March 25, 2019 10:59:35
  • New analysis by Cowen & Co. sees market for CBD products in the U.S. reaching $16 billion by 2025
  • Dispensaries and health care practitioners included in expanded markets for ETST’s CBD line under new distribution agreements
  • Cowen & Co. research projects that cannabis-based products will reach 10 percent of U.S. adults by 2025

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is expanding its full-spectrum cannabidiol (CBD) product distribution in wider markets as a new study by Cowen & Co. sees cannabis products reaching $16 billion in the U.S. by 2025 (http://nnw.fm/p4E8k). ETST’s larger market includes pharmacies, dispensaries, health care practitioners, athletic clubs, clinics and chiropractors throughout the United States (http://nnw.fm/WX1xy).

Cowen & Co.’s research shows that 6.9 percent of Americans say they are already using CBD. A January survey of 2,500 adults found that CBD use is highest among adults aged 18 to 34. Tinctures (liquid extracts) dominate the market and…

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

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