BOCA RATON, FL--(Marketwired - January 16, 2015) - Earth Science Tech, Inc. (OTCQB: ETST) ("ETST" or "the Company"), a unique biotechnology company focused on nutraceuticals, bioceuticals and dietary supplements, today announced it has secured, and been assigned, a second ground breaking new provisional patent named "Cannabidiol Compositions and Uses 2," Serial No. 62102538, with the United States Patent and Trademark Office (USPTO) for Hemp Oil Enriched with CBD (Cannabidiol) and Hemp Oil Enriched with Proprietary Additives. This new patent was filed on January 12, 2014 by the inventors: Dr. Harvey Katz, the CEO of Earth Science Tech, Dr. Wei R. Chen, the assistant dean of the College of Mathematics and Science at the University of Central Oklahoma (UCO), and Dr. Feifan Zhou. On January 14, 2014 the inventors Dr. Harvey Katz, Dr. Wei Chen and Dr. Feifan Zhou assigned the Provisional Patent "Cannabidiol Compositions and Uses 2," Serial No. 62102538, to Earth Science Tech, Inc. (ETST). The assignors have hereby transferred to the assignee (ETST), its successors and assigns, the entire right, title and interest in, and to the invention throughout the world, the above identified application, all corresponding domestic and foreign applications, all Letters Patent or similar legal protection issuing thereon, and all rights and benefits under any applicable treaty or convention.
Partial Abstract of new Patent Serial No. 62102538: A composition having cannabidiol, alone, or as a component of hemp oil, for use in treating or preventing cancer. The composition may include D-limonene, which contributes synergistically to the anticancer efficacy of the composition. With this second (2nd) new provisional patent ETST has a total of ten (10) new claims. Under the sponsorship of ETST, researchers at the University of Central Oklahoma have been investigating the effects of CBD on immune cells with ETST using the ETST CBD Rich Hemp Oil. This new patent has been filed because of ETST new findings under its sponsorship with the University of Central Oklahoma. These finding are breakthroughs in this field and are a result of the ETST new relationship with its international raw supplier of a higher quality CBD Rich Hemp Oil. ETST plans on releasing the results in the next several days and feels it will have a great impact on the entire CBD Rich Hemp Oil marketplace.
In order to protect the valuation of this patent and its intellectual properties, ETST cannot completely reveal the full nature of this patent at this time or site any of the claims or studies until the patent or patents are issued by the PTO. There will be a number of new claims on the provisional patent before the final Utility Patent is filed. This will be within the one year time limit for the Utility Patent to be filed. ETST has formed solid partnerships and relationships with a wide variety of international players in the nutritional and dietary supplement markets as well as in the Hemp Industry. ETST is quickly becoming a leader in the CBD Rich Hemp Oil marketplace. ETST is in the business of manufacturing and marketing products which utilize the CBD component of hemp oil for nutritional and palliative purposes.
CEO of ETST, Dr. Harvey Katz stated, "I am very delighted to see that our efforts and positive developments with Dr. Wei Chen along with Dr. Feifan Zhou and the University of Central Oklahoma have resulted in the second (2nd) filing of a patent application with the United States Patent and Trademark Office (USPTO) for Hemp Oil Enriched with CBD (Cannabidiol). The filing of this second (2nd) patent application and assignment to ETST is just the beginning of many other great things to come. As previously stated ETST looks to build a strong intellectual property portfolio and it is doing just that. ETST now has 2 provisional patents and inventions with its CBD Rich Hemp Oil (patent Serial No. 62102538 and patent Serial No. 62061577). We look forward to continuing to grow ETST in order to help consumers Worldwide with their overall Health and Wellness through cutting edge Nutraceuticals and Dietary supplements."
As previously announced on October 20th, 2014, ETST Secured its first (1st) patent filing of its Hemp Oil Enriched with CBD (Cannabidiol) and Hemp Oil Enriched with Proprietary Additives (provisional patent filing Serial No. 62061577 "Cannabidols Composition and Uses Thereof") by its CEO Dr. Harvey Katz and esteemed University of Central Oklahoma Biomedical Engineering Program professor, and lead investigator for the ETST Sponsored Research Agreement, Dr. Wei Chen, a veteran laser cancer treatment specialist who received his master's and Ph.D. degrees in theoretical high-energy physics from the University of Oregon. Dr. Wei R. Chen has done extensive work in the area of laser treatment of breast cancer and is working with a foreign drug company to advance and exploit the technology under development. Dr. Chen is a world renowned scientist, researcher and university professor whose laboratory is prominent in various areas including the application of CBD (Cannabidiol).
Once again the company would like to state, "We are very delighted with the advances and developments of Dr. Wei Chen and the College of Mathematics and Science at the University of Central Oklahoma working with us on our CBD Rich Hemp Oil. ETST is focused on making a positive and significant impact in the health and wellness industry through new cutting edge formulations with its CBD Rich Hemp Oil for the Nutritional and Dietary Supplement markets."
ETST invites all interested parties to contact the company directly at email@example.com in regards to securing its All Natural High Grade CBD (Cannabidiol) Rich Hemp Oil for wholesale, resale, private labeling or distribution. Furthermore, ETST is now offering the availability for the Health and Wellness markets, consumers and its shareholders to try its High Grade CBD Rich Hemp Oil in small quantities at discounted prices online at www.earthsciencetech.com/cbd-rich-hemp-oil/. ETST is open to forming new strategic partnerships, joint ventures and/or supplying vendors, resellers and third party distribution companies with its High Grade CBD Rich Hemp Oil at wholesale prices in order to better help supply the health and wellness markets on a large scale. The company feels it can grow at a much faster pace by focusing on becoming a large wholesale distributor of its High Grade CBD Rich Hemp Oil and by aligning itself with key strategic partners and third party resellers that are already well diversified in the Health and Wellness markets.
ETST High Grade CBD (Cannabidiol) Rich Hemp Oil: ETST High Grade CBD (Cannabidiol) Rich Hemp Oil is natural and formulated using a wide array of cutting-edge technologies. ETST is capable of supplying and offering its High Grade CBD Rich Hemp Oil in all 50 states and over 40 countries as a nutritional and dietary supplement designed to support overall health and wellness. ETST's High Grade CBD Rich Hemp Oil is All Natural and derived completely from the federally legal industrial hemp plant. Industrial Hemp (Hemp) is not marijuana and will not get you 'high' and it does not require a medical license of any kind to authorize purchase. It is lab tested multiple times during the manufacturing process, from seed to shelf. This also includes being tested for CBD content, other Cannabinoid content, yeast/mold/fungus, and bacteria like E. coli to ensure safety and top quality. Cannabidiol (CBD) is a naturally occurring constituent of the hemp plant (seed, stem and stalk). It is the most abundant non-psychoactive cannabinoid in hemp, and is commonly used as a dietary supplement to support general health, immune system support, the nervous system and much more. Research shows that many scientists and doctors think the cannabinoids work synergistically to support the whole human endo-cannabinoid system (internal and natural human cannabinoid system). Furthermore, many scientists and doctors believe the endo-cannabinoid system plays a fundamental role in the functioning of many of the major human physiological systems, including the immune and nervous systems. Hemp oil contains CBD -- a non-psychoactive compound of the plant. There are millions of hemp oil consumers around the world and this number is rapidly rising with an increasing number of reports and studies showing a variety of benefits of hemp oil. ETST does not grow, sell or distribute any substances that violate United States Law or the controlled substance act. ETST does sell and distribute hemp based products.
ABOUT ETST (www.earthsciencetech.com): ETST is a unique Biotechnology company focused on delivering cutting edge Nutraceuticals, Bioceuticals and Dietary Supplements designed for excellence in the areas of Health, Wellness, Sports and Alternative Medicine and to improving the quality of life for Consumers Worldwide. ETST is also dedicated to providing Natural Alternatives to prescription medications through Nutritional Supplements and Dietary Supplements that help improve common disorders and illnesses. This may include products such as CBD (Cannabidiol) as a natural constituent of Hemp Oil, Vitamins, Minerals, Herbs, Botanicals, Personal Care Products, Homeopathies, Functional Foods and other products. These products may be in various formulations and delivery systems including (but not limited to) capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders, and whole herbs.
ETST is focused on researching and developing innovative Hemp extracts and to make them accessible Worldwide. ETST plans to be the premier supplier of the highest quality Hemp Oil Enriched with High Grade CBD (Cannabidiol). ETST's primary goal is to advance different High Quality Hemp extracts with a broad profile of Cannabinoids and additional natural molecules found in Industrial Hemp and to identify their distinct properties. The company is dedicated in offering its consumers the finest and purest quality All Natural CBD Rich Hemp oil while never compromising on quality. This High Grade CBD (Cannabidiol) Rich Hemp oil is classified as "food based" and therefore perfectly permissible in all 50 states and more than 40 countries. Cannabinoids (Cannabidiol/CBD) are natural constituents of the Hemp plant and CBD is derived from Hemp stalk and seed. Hemp oil is a well-known dietary supplement and the naturally occurring CBD possesses no psychoactive qualities and presents a continuing stream of overwhelming evidence of significant Health and Wellness benefits. With no psychoactive ingredient, CBD is a ready-for-market Hemp-based Nutraceutical. According to scientific and clinical studies, CBD has the potential to help a range of conditions including epilepsy, diabetes, rheumatoid arthritis, chronic pain, alcoholism, schizophrenia, PTSD, antibiotic-resistant infections, and various neurological disorders (Source: National Center for Biotechnology Information http://www.ncbi.nlm.nih.gov). CBD has moreover exhibited Neurogenic and Neuroprotective effects and its anti-cancer properties are currently being investigated at several academic research centers in the United States and abroad. The United States Food and Drug Administration (FDA) currently considers non-THC hemp based cannabinoids, including CBD, to be "food based" and therefore saleable. These new non-psychoactive CBD-rich hemp oil products that ETST has geared up to market and distribute are beyond reproach and available to consumers in all 50 states and in more than 40 countries. CBD (cannabidiol), a naturally occurring constituent of the Industrial Hemp plant, promotes and supports the nutritional health of aging bodies in particular. Source: US Government Patent #6,630,507 "Cannabinoids as antioxidants and neuroprotectants."
ABOUT NUTRITION EMPIRE (www.nutritionempire.com): Nutrition Empire is a wholly owned subsidiary of Earth Science Tech, Inc. (ETST) located at 4583 Ponce DeLeon Blvd. Unit 102W, Coral Gables, FL 33146. Nutrition Empire is a specialty retailer and direct marketer of health, wellness, sports nutrition and dietary supplement products at competitive pricing. It operates through 2 segments: Retail and Direct Online. Some of its products include sports nutrition products, vitamins, minerals, botanicals, herbal and dietary supplements, ETST CBD Rich Hemp Oil, homeopathic remedies, green living products, diet products, beauty aids, and other wellness products. Nutrition Empire's upscale retail location will have competitive pricing and carry the top health and wellness brands as well as the hottest new sports nutritional supplements in the market place. The company specializes with one-on-one customer care, service, relationship and experience. The Nutrition Empire retail space is on ground floor of an upscale luxury apartment home community called the "Gable Ponce" that houses a built in customer base with Class A+ rental/living units above the retail shops where Nutrition Empire is located. The Gables Ponce complex will soon begin its 3rd phase of development and looks to have roughly 1,000 apartment units when completed. Nutrition Empire is on the bottom floor of Gable Ponce within the retail shops and right next door to Epicure Gourmet Market (www.epicuremarket.com), which is a 24,000 square foot upscale gourmet grocery store and a dedicated restaurant, with an outdoor patio, coffee and juice bar. Furthermore, Nutrition Empire is located adjacent to "The Village of Merrick Park" (www.villageofmerrickpark.com) which is a 780,000 square foot upscale lifestyle center consisting of mixed-use retail, residential and office project anchored by Neiman Marcus and Nordstrom, and has more than 100 other select retailers including Tiffany & Co., Burberry, Coach and Gucci. The Village of Merrick Park also houses Equinox gym (www.equinox.com), which was voted best gym in America by Fitness Magazine and I AM CrossFit (www.iamcrossfit.com/locations/coral-gables). Nutrition Empire is located under 1 mile from the University of Miami (www.miami.edu) (informally referred to as UM, U Miami, Miami, or The U), which is a private, nonsectarian university located in Coral Gables, Florida, United States that enrolls roughly 16,935 students.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE: These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.
FORWARD LOOKING DISCLAIMER: This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the Securities and Exchange Commission filings filed by the Company on EDGAR at http://www.sec.gov/edgar.shtml, specifically the most recent reports which identify important risk facts that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts' expectations or estimates or to publicly release any revisions to any forward-looking statements. The information contained in this press release should not be construed as any indication of the Company's future stock price, its revenues or results of operations.