Earth Science Tech Inc. (ETST)

[thestreetlawyer]

Im very interested in this section of todays PR

Smart Medicines and Earth Science Tech have close ties with CQIB http://www.cqib.org/home.html, a biotech and life sciences incubator. They will work closely with CQIB to improve upon and further develop their patents while developing a stronger product portfolio. This relationship will further provide both companies access to top-of-the-line research and development equipment and laboratories to provide the most accurate of results.

Smart Medicines and CQIB are both located in Quebec. It looks like ETST is angling to get their subsidiary into the Incubator program using Smart medicines as a base. Or perhaps just using the facilities for research along with the newly acquired equipment from Smart Medicines. Either way its looking good for development of their new CBD products. From what I have read Quebec is a hub for life science research and technology. Read for yourself on the cities website http://www.quebecinternational.ca/key-industries/life-sciences/the-industry/

With a state-of-the-art expertise in biopharmaceuticals, diagnostics, natural health products (cosmeceuticals and nutraceuticals), medical technologies and information technologies related to health, the Québec City metropolitan region is ideally positioned for a growing market.

Heres a link to a gov. website explaining what CQIB is all about CQIB

They seem to offer a wide range of services:

A non-profit private organization founded in 1995, CQIB is a biotechnology business incubator. Its mission is to support start-ups with innovative technologies that will further the development of the new economy. It offers the following programs:

Pre-incubation: to help entrepreneurs prepare their business plan and secure financing.

Incubation: CQIB's facilities, where it rents space and provides access to equipment for a 2- to 3-year period

Post-incubation: project management expertise for the relocation of the company's operations

Seed fund: up to $25 000 interest free loans to researcher-entrepreneurs to cover up to 75 percent of the costs associated with preparing a business plan

My spidey sense is tingling