Earth Science Tech, Inc. (ETST) “Positioned to Compete” in CBD Market that’s Projected to Reach $2.1B by 2020, Per SeeThruEquity

SeeThruEquity, LLC, in coverage update, projects that ETST will reach $7.1 million in sales in FY2020 as it grows its product line and expands into full spectrum cannabinoid beverages ETST’s ‘As Seen On TV’ campaign, with television celebrity Kevin Harrington as spokesperson, is expected to help drive company sales in the CBD market to $2.2 million by FY2019 Leading factors in forecast growth include company’s targeting of a fast-growing sub-segment of the market in hemp-derived CBD, as well as the expanded retail distribution of its product line, according SeeThruEquity research

Earth Science Tech, Inc. (OTCQB: ETST) is seen by research firm SeeThruEquity as having diverse capabilities that will generate its growth in the rapidly expanding CBD market, which is projected by Hemp Business Journal to reach $2.1 billion by 2020 from $202 million in 2017, with $450 million of that increase coming from hemp-based sources, according to Forbes (http://nnw.fm/i8Fi3).

SeeThruEquity sees ETST’s participation in this booming industry, focusing on the hemp-derived segment, as key to it reaching volume of $7.1 million in sales by FY2020. The research report described its diversity, including its…

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