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Earth Science Tech, Inc. Announces it has Received its First Grant from the Government of Québec for its Three CBD Provisional Patents
Earth Science Tech, Inc. Announces it has Received its First Grant from the Government of Québec for its Three CBD Provisional Patents.
About this update from Earth Science Tech, Inc.
[{"type":"text","content":"\n\n DORAL, FL, March 07, 2018 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST\" or the “Company\"), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields, as well as on R&D for certain medical devices, today announces that its Canadian subsidiary, Canna Inno Laboratories Inc. (the “Subsidiary”) has received a supporting grant for innovation in the pharmaceutical industry from the Ministère de l’économie, des sciences et de l’innovation of the Government of Québec. \n ETST formed Canna Inno Laboratories Inc. in August 2017, a strategic Montreal, Canada-based company.  The Subsidiary gave the Company a foothold in Québec and provided ETST with access to government grants, the first of which have just been approved. This first grant is earmarked for the pre-launch processes on the Company’s three CBD-based nutraceutical provisional patent products, announced in 2017. The pre-launch process includes a series of pre-clinical in vitro trials to fight breast cancer and neurodegenerative disorders. Once the pre-launch has been completed, the results will be applied as a patent pending, the logical step following our provisional patent. During the application process, the products will be commercialised as nutraceutical. The company also plans to apply for more funding under Canada’s Scientific Research and Experimental Development Tax Credit program among others. Dr. Michel Aube, the Company’s CEO & CSO states, “The province of Quebec is a fertile terrain for biotech companies. The creativity of the people and the quality of the infrastructure are the fruits of a strong collaboration between governmental organizations and companies. We enjoy being a part of this great network to help assist our studies to create innovative alternative medicine.” About Earth Science Tech, Inc. (ETST) Earth Science Tech has among the highest quality, purity and full-spectrum high-grade hemp CBD (cannabidiol) oil on the market. Made using the superior supercritical CO2 liquid extraction, ETST’s CBD oil is 100% natural and organic. The company’s research, performed alongside the University of Central Oklahoma and DV Biologics laboratory, demonstrates that ETST is the top nutritional...