Cannabidiol "CBD" Strain of Medical Marijuana Establishing New CBD-Oil Nutraceutical Marketplace - Company Aims for Sales of CBD Products in all 50 States
CORAL SPRINGS, Florida, September 24, 2014 /PRNewswire/ --
Medical Marijuana and Cannabidiol (CBD Oils) gains momentum towards acceptance as viable medical treatment, significant clinical trial underway for possible seizure treatment and other CBD treatable ailments: Earth Science Tech, Inc. (OTC: ETST), GW Pharmaceuticals plc. (NASDAQ: GWPH), Cannabis Science, Inc. (OTC: CBIS), Easton Pharmaceuticals Inc. (OTC: EAPH) and Hemp, Inc. (OTC: HEMP)
Earth Science Tech, Inc. (OTCQB: ETST), a unique biotechnology company focused on nutraceuticals, bioceuticals and dietary supplements, announced today that its CEO, Harvey Katz PhD, as well as the company, was featured in a live video and article done by the Cannabis Financial Network. This new coverage and live CEO interview featured by Cannabis Financial Network outlines the recent success ETST has made in rapidly growing and expanding its business as an emerging company on many fronts. See the Full Live CEO Interview at http://vimeo.com/106424035
To Read the Full ETST press release, please go to: http://www.financialnewsmedia.com/profiles/etst.html
ETST is happy to see that the Cannabis Financial Network has taken notice that ETST is an emerging company delivering cutting edge Nutraceuticals, Bioceuticals and Dietary Supplements designed for excellence in the areas of Health, Wellness, Sports and Alternative Medicine. This also includes that fact that ETST looks to help improve the quality of life for Consumers Worldwide through the use of such products. ETST is also dedicated to providing Natural Alternatives to prescription medications through Nutritional Supplements and Dietary Supplements that help improve common disorders and illnesses. To read the coverage and article featured by the Cannabis Financial Network on ETST go to http://marijuanaindex.org/industry-news-item/.
CBD Commentary from Cannabis Financial Network: CBD has even been shown to promote nutritional health in aging people, acting as an antioxidant and neuroprotectant, superbly suited to age-related inflammatory and autoimmune diseases. Pair the 10,000-plus Baby Boomers retiring per day (Pew Research) and Research and Markets' latest report on the U.S. nutraceutical market indicating a projected 6% CAGR through 2017, as the space swells to some $75.3B or more, and you get a perfect storm for CBD nutraceuticals.
One of the more compelling plays in the space today is Earth Science Tech, Inc. (OTCQB: ETST), which recently received its first two shipments of non-psychoactive, food-grade, CBD-enriched hemp oil, which is completely legal in 50 states and over 40 countries worldwide (as per U.S. Hemp Foods specifications). With over 50 liters from their first two shipments, an initial order already out the door to an outlet in Fort Lauderdale and management working hard to drum up additional supply lines, Earth Science Tech is rapidly moving towards widespread commercialization while setting themselves up to be a high-volume throughput channel for high-grade CBD. Perhaps more importantly, management is steadfastly committed to genuinely helping consumers get the best nutrition and dosing information possible, as well as creating shareholder upside. This was clearly demonstrated by the CEO in a recent video interview with leading cannabis investment news source, CannabisFN, when he said a salary won't be pursued until he knows the company is doing well.
GW Pharmaceuticals plc, (NASDAQ: GWPH) a biopharmaceutical company, together with its subsidiaries, is engaged in discovering, developing, and commercializing cannabinoid prescription medicines. The company operates through three segments: Sativex Commercial, Sativex Research and Development, and Pipeline Research and Development. GW commercialized the world's first plant-derived cannabinoid prescription drug, Sativex(R), which is approved for the treatment of spasticity due to multiple sclerosis in 26 countries outside the United States. Sativex is also in Phase 3 clinical development as a potential treatment of pain associated with advanced cancer. This Phase 3 program has received Fast Track Designation from the U.S. Food and Drug Administration (FDA) and is intended to support the submission of a New Drug Application for Sativex in cancer pain with the FDA and in other markets around the world.
Cannabis Science, Inc. (OTCQB: CBIS), a U.S. Company specializing in cannabis formulation-based drug development and related consulting, recently announced the signing of a globally-exclusive, collaborative agreement with multinational company Unistraw Holdings Pte. Ltd. (Unistraw). The agreement provides for the immediate commencement of proprietary formulation to deliver cannabis and hemp extracts and pure cannabinoid-based products using the patented Unistraw Delivery System (UDS). With the successful outcome of effective formulations, Cannabis Science and Unistraw have agreed to form a joint venture to further refine, develop, and bring to market a variety of proprietary cannabis, hemp, and cannabinoid-based nutraceutical and pharmaceutical products. Concurrently, the Companies will share in the development of new intellectual property and novel advancements of the venture.
Easton Pharmaceuticals Inc. (OTC Pink: EAPH) announced an update on the mPact - GROzone Antimicrobial System through its investment and ownership interest in AMFIL Technologies. Easton's partner AMFIL Technologies has updated the company and advised that the mPact - GROzone Antimicrobial Systems has received broad interest, is in discussions and has signed non disclosure agreements with the hopes to soon integrate other mPact - GROzone Antimicrobial Systems into a licensed large Canadian medical marijuana grow facility in Canada and into possibly another very large facility who has received a letter to build from Health Canada under the new MMPR system.
Resource Ventures, Inc. (OTC: REVI) Kimberly Kaiser, President of Resource Ventures, Inc, announced recently that the company, with the guidance of the consulting services of The Industrial Hemp and Medical Marijuana Consulting Company, Inc., IHMMCC, a wholly owned subsidiary of Hemp, Inc. (OTC Pink: HEMP), has elected to form a wholly-owned Multi-Media Subsidiary, which will include a broad range of media platforms from web-based sources to live and alternative broadcasts. Mrs. Kaiser said, "We intend to fill the void between the Cannabis Industry and the general public when it comes to genuine, timely, and accurate information regarding cannabis news, legislation, and current events, we believe that with our publishing and media expertise we can successfully fulfill this void for information". Mrs. Kaiser also stated that, "We see enormous potential to capture a large audience and successfully monetize the opportunity before us in the virtually untapped Cannabis Industry Media Sector. Mrs. Kaiser added, "We are very excited about the explosive growth that we are experiencing in 2014 and we look forward to continued growth into 2015."
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