- Sees opportunity in the passing of the new Farm Bill
- Signs new chief sales officer to distribute CBD products nationwide
- Orders first commercial production run of Hygee Kits
The passing of the new Farm Bill is big news for companies like Earth Science Tech, Inc. (OTCQB: ETST) that work within the cannabis industry. ETST is a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices. The newly passed 2018 Farm Bill removed hemp (including hemp-derived cannabinoids containing less than 0.3 percent THC) from the Controlled Substances act. According to New Frontier cannabis market data, the American CBD market is now projected to reach $2.3 billion in revenue by 2022.
ETST is taking advantage of the opportunities now afforded by the 2018 Farm Bill. In a recent press release…
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