Whitefish, MT / August 8, 2014 / The global nutraceutical industry is expected to grow at a 6.3% CAGR to reach $204.8 billion by 2017, according to Transparency Market Research,
with North America retaining the largest market share. Dietary
supplements have been among the fastest growing segments of the
industry, accounting for about 37% of the total market share, and
present an enormous opportunity to companies in the space.
While nutraceutical retailers like GNC Holdings Inc.(NYSE: GNC) are leaders within the market, investors willing to assume a
little more risk may want to take a look at smaller companies in the
space that offer unique competitive advantages. After all, it's much
easier to double $1 million than $1 billion in market capitalization.
In this article, we'll take a look at a micro-cap company focused on
nutraceuticals that recently opened its first retail location.
Earth Science Tech Inc. (OTC: ETST), a unique biotechnology company focused on nutraceuticals, bioceuticals, and dietary supplements, recently established a new wholly owned subsidiary called Nutrition Empire Inc.
Nutrition Empire is opening an upscale retail location in Coral
Gables, Florida to sell health and wellness products. The move could set
it apart from many other development-stage companies in the space.
Figure 1 – Retail Location & Construction Photo – Source: Company
"Nutrition Empire recently executed a five year lease with a three
year renewal option for its retail store location which will be located
in the heart of Coral Gables Florida," said Earth Science Tech CEO
Harvey Katz, Ph.D. "Earth Science Tech will look to update the market
and its shareholders in the near-term with regards to the Nutrition
Empire store, location, and launch."
Under the lease terms, no other nutrition or supplement stores will
be located within a three-mile radius of the company's store, which
should help limit the competition in the premier shopping district. The
store itself is located on the ground floor of an upscale luxury
apartment home community and next to a 24,000 square foot upscale
gourmet grocery store that provide ample foot traffic.
Nutrition Empire will be managed by leading veterans in the
nutritional and dietary supplement industry and carry top health and
wellness brands. Management is currently focused on completing the
interior custom build out of the modern upscale retail store location
with architects and will update shareholders regarding the status of the
project and launch over the near-term.
Supplemented with CBDs
Earth Science Tech differentiates itself from the competition by
carrying completely legal cannabinoid-based products. Since the products
are hemp-based, they contain ultra-low levels of pyschoactive
tetrahydrocannabidol ("THC") and high levels of potentially therapeutic
cannabidiols ("CBDs"). The company's products include a number of different types of high-CBD hemp-based oils for different purposes.
Figure 2 – Hemp-based CBD Oil Shipment – Source: Company
The growing popularity of medical marijuana has generated a rising
number of research studies confirming CBDs' potential for treating
numerous conditions, including chronic pain, diabetes, cancer,
cardiovascular diseases, alcoholism, PTSD, schizophrenia,
antibiotic-resistant infections, rheumatoid arthritis, MS, epilepsy, and
a number of different neurological disorders.
In late July, the company announced that it received its first major shipment of 25 liters of Advanced High Grade CBD (Cannabidiol) Rich Hemp Oil.
The product is considered to be "food-based" and may be distributed in
all 50 states and 40 countries as a nutritional and dietary supplement
designed to support overall health and wellness given its low
THC-content and high CBD-content.
Hemp oil's status as a "food-based" supplement also differentiates
the company from others in the cannabis industry. Whereas companies like
Tweed Inc. (OTC: TWMJF) (CSE: TWD) and GW Pharmaceuticals plc (NASDAQ:
GWPH) are required to seek regulatory approval from governmental bodies,
Earth Science Tech can sell its product as-is to consumer end markets
without any lengthy approval process.
Earth Science Tech recently received its first shipment of hemp-based
CBD oil and is gearing up to open its first retail location. Combined,
these two events could set the stage for near-term revenue generation,
which would set it apart from many other micro-cap companies in both the
nutraceutical and cannabis industries. As a result, investors willing
to assume the risks may want to take a closer look at the stock.
For more information, see the following resources:
- Company Website - http://www.earthsciencetech.com/
- OTC Markets Profile - http://www.otcmarkets.com/stock/ETST/quote
Sign Up To Receive Future Email Updates On Earth Science Tech, Inc.
Disclaimer: Except for the historical information presented herein,
matters discussed in this release contain forward-looking statements
that are subject to certain risks and uncertainties that could cause
actual results to differ materially from any future results, performance
or achievements expressed or implied by such statements. Emerging
Growth LLC is not registered with any financial or securities regulatory
authority, and does not provide nor claims to provide investment advice
or recommendations to readers of this release. Emerging Growth LLC may
from time to time have a position in the securities mentioned herein and
may increase or decrease such positions without notice. For making
specific investment decisions, readers should seek their own advice.
Emerging Growth LLC may be compensated for its services in the form of
cash-based compensation or equity securities in the companies it writes
about, or a combination of the two. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/
SOURCE: Emerging Growth LLC
Leave a comment...