Earth Science Tech Inc. (ETST)

[Cheds]

Earth Science Tech, Inc. Announces New Wholly-Owned Subsidiary, KannBidioid Inc., to Manufacture & Distribute Vapes/E-Liquids & Gummy Edibles to Vape/Smoke Shops

Jun 13, 2017
OTC Disclosure & News Service

-

Hollywood, June 13, 2017 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTCPINK: ETST), an innovative biotech company focused on cannabis CBD-based (industrial hemp), cannabinoid research and development, nutraceuticals, pharmaceuticals, medical devices is pleased to announce its new wholly owned subsidiary KannaBidioid Inc. to manufacture and distribute vapes/e-liquids and gummy edibles to target vape/smoke shops.

After a successful May, 2017, launch of ETST’s new products: Strawberry Orange Blossom CBD oil, CBD Organic Chocolate line, and Pet CBD oil, ETST’s management team came across an opportunity to step into the recreational vape/smoke space. Earth Science is excited to announce it will begin to formulate, produce and sell Kanna-infused cannabidiol (CBD) based e-liquids and gummy edibles, hence KannaBidioid, Inc. (KBD).

Kanna (Sceletium tortuosum) is known to elevate mood, decrease anxiety, stress and tension, and suppress the appetite. In moderate doses, it induces euphoria and acts as a powerful stimulant, but can actually have a sedative effect in larger doses.

“Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus, and help with nicotine addiction based on their properties,” stated Dr. Michel Aube, ETST’s CEO & CSO. Dr. Aube elaborates with, "CBD is a strong antioxidant that enhances well-being, among other properties, by reducing the oxidative stress produced by the human brain through its elivated metabolic activity. While Kanna might also have anxiolytic potential, as it modulates the biological activity of serotonin, the two together will significantly reduce anxiety as the Hemp Oil will create better physiological conditions for the biological activity of the Kanna extract. All together, the full spectrum of the Hemp Oil and full spectrum of the Kanna plant have the potential to better regulate the activity of serotonin, gicing a more powerful sensation of satisfaction than any other plant extract used alone."

ETST president, director, and COO, Nickolas S. Tabraue stated, “forming our new subsidiary we can now enter the recreational vape/smoke shop space with not just CBD but, a unique Kanna CBD blend giving us a niche in the market having us now compete with the likes of (OTC Pink: POTN), (OTC Pink: MJNA), (OTC Pink: MCOA), and (OTCQB: CBDS) while discovering and building new revenue streams. Forming KannaBidioid allows us to enter this space without damaging our medicinal ETST image that has been so successful for us. We are currently working on flavors and package design on both vape/e-liquids and gummy edibles, and look to launch within Q4 while updating our stakeholders as we progress.” He continued, “We are currently still moving in a positive direction with some major domestic and international distributors for our current full CBD line and have been getting amazing feedback on our new products as well as increasing order and new stores carrying our products.” Mr. Tabraue concluded by sharing his experience at SeeThruEquity’s 6th annual conference in New York, “I had the pleasure to share our story and brand to a lot of great individuals at the SeeThruEquity conference and got nothing but, amazing feedback and have started talks with a few key individuals that can potentially work synergistically with ETST and I plan on sharing updates as talks continue and structures have been made.”



https://www.otcmarkets.com/stock/ETST/news/Earth-Science-Tech--Inc--Announces-New-Wholly-Owned-Subsidiary--KannBidioid-Inc---to-Manufacture--amp--Distribute-Vapes-E-Liquids--amp--Gummy-Edibles-to-Vape-Smoke-Shops?id=161806&b=y