- ETST signs agreements for CannaBiz Deals and Desert Sun Distribution to sell its CBD line
- ETST expands sales team as it looks into product placement in health food stores, large chains and other establishments
- Company is launching a white-label initiative to enable other marketers to rebrand its full-spectrum cannabinoids line
Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, as well as medical devices and hemp CBD products, is working to expand its product distribution through agreements with CannaBiz Deals and Desert Sun Distribution. The agreements outline distribution rights for ETST to sell its CBD product line to chiropractors, dispensaries, pharmacies, athletic clubs and clinics in the United States (http://cnw.fm/DyuA6).
In a news release, ETST Chief Sales Officer David Barbash said, “We see tremendous synergy between our CBD line and the healthcare practitioner and pharmacy spaces.” Barbash has been growing the company’s sales force as the company plans to enlarge its target market to include health food stores, large chains and other establishments.
ETST is also seeking insular protection and loyalty within the cannabis market by collaborating with its manufacturing partner to launch a white-labeling program. This strategy will permit other marketers to rebrand ETST’s full-spectrum cannabinoids line.
ETST Chairman Nickolas S. Tabraue added, “We have also received countless white-labeling inquiries, and thanks to our reliable source and manufacturer, we are now able to fulfill these inquiries and capture even more market share.”
Based in Doral, Florida, ETST sees FY2019 as a pivotal expansion year. SeeThruEquity projects that ETST’s diverse activities will enable the company to reach revenues of $7.1 million by FY2020 (http://cnw.fm/H1xCu).
For more information, visit the company’s website at www.EarthScienceTech.com
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