- The company is now able to fulfill inquiries about white labeling its full-spectrum cannabinoids line
- ETST has added markets for CBD products through two distribution agreements
- The company continues to eye product placement in large chain and health food stores, dispensaries, chiropractor offices, athletic clubs and clinics
Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is seeking to gain more market share through its white-label initiative that offers marketers the ability to rebrand its full-spectrum cannabinoids line (http://ibn.fm/frikT).
“I’m excited to share that our sales have consistently increased over 100% every month,” ETST Chairman Nickolas S. Tabraue stated in a news release. “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.”
White labeling enables a company to benefit from the branding and distribution channels of other brands (http://ibn.fm/wfJTD) and is a strategy designed to create more loyalty and insular protection for ETST in the competitive cannabis market. ETST has collaborated with its manufacturing partner to launch the white labeling initiative (http://ibn.fm/oJzGf).
This program is expected to help ETST gain market share at a time when the company is also broadening its target markets to include larger chain and health food stores, pharmacies, dispensaries, chiropractor offices, athletic clubs and clinics. ETST has signed agreements with Desert Sun Distribution and Cannabiz to distribute to health care practitioners and pharmacies.
Based in Doral, Florida, ETST offers cannabinoids in the form of softgels, tablets, liquids and other options classified as food-based and permissible in all 50 states in the United States and some 40 countries globally.
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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