- ETST
gives Forzagen exclusive distribution rights for its high-grade,
full-spectrum cannabinoids in all Latin American countries
- ETST
chairman says that partnership will give company additional exposure and
revenue as products are sold in new territories
- SeeThruEquity
projects that ETST will achieve $7.1 million in revenues by 2020 as it
grows distribution of CBD product line
Earth Science Tech Inc. (OTCQB: ETST), a biotech company
focused on the nutraceutical and pharmaceutical fields, as well as medical
devices and hemp cannabinoid (CBD) products, has partnered with premium dietary
supplement provider Forzagen to distribute ETST’s line of cannabinoids
throughout Mexico and South America (http://ibn.fm/OnLqW).
As part of the agreement, Forzagen will be given exclusive
rights to distribute ETST’s high-grade, full-spectrum cannabinoids in all Latin
American countries. Forzagen’s distribution includes retailers such as Sam’s
Club and Petco.
The partnership marketing, to be launched in the future,
calls for Forzagen to distribute three ETST products: High Grade Full Spectrum
Cannabinoids–Raw (.05 oz.), High Grade Full Spectrum Pet Cannabinoids–Raw
(1oz.) and High Grade Full Spectrum Cannabinoids Veggie Caps.
ETST, based in Doral, Florida, says that it will collaborate
with Forzagen on the linguistics of product labels and marketing in each Latin
territory within the distribution network. “Powered by ETST” will be on the
Spanish packaging to ensure that consumers are informed about the highly
effective quality of the company’s cannabinoids.
“This partnership is an amazing opportunity for us to tap
into fresh territories through Forzagen’s established distribution network,”
ETST Chairman Nickolas S. Tabraue stated in a news release. “We expect to gain
great exposure and additional revenue through this strategic partnership.”
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 2020 (http://ibn.fm/5ANRl).
For more information, visit the company’s website at www.EarthScienceTech.com
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