Earth Science Tech Inc. (OTC: ETST), a biotechnology company focused on nutraceuticals, bioceuticals, and dietary supplements, recently announced that its wholly-owned Nutrition Empire subsidiary will open its doors in Coral Gables, Florida on December 15, 2014. The storefront will carry over 550 top nutrition products from over 60 vendors, as well as its own CBD products.
The retail storefront will staff three highly qualified veterans from the supplement industry that bring 20 years of combined professional knowledge. Management is also working alongside many of its vendors to develop co-marketing campaigns that could help drum up business for the new location. By focusing on customer care, serving, relationship, and experience, the store aims to differentiate itself.
In addition to the retail storefront, the company is diligently working to complete its web portal in order to offer a full online inventory of leading supplements at competitive prices. The web portal will house up to 6,000 SKUs consisting of various nutritional products and dietary supplements from 300 of the top leading brands, making it one of the largest web portals of its kind online.
The products being stocked in both the retail store and online presence include the company’s high grade CBD (cannabidiol) rich hemp oil. Since it’s derived from hemp and contains no psychoactive THC, the substance is legal in all 50 U.S. states and 40 countries around the world as a dietary supplement designed to support overall health and wellness by leveraging the power of CBDs.
In November, the company announced that it has been working hard to build a strong IP portfolio focused on the benefits of CBDs. The company setup a sponsored research agreement with the University of Central Oklahoma that shows a 90% inhibition rate with the appropriate dosing in breast cancer cells. Management plans to continue these research efforts to further validate its technologies.
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