ETST New Wholly Owned Subsidiary "Nutrition Empire Inc." Executes Lease to Open First CBD Rich Hemp Product Location and Health, Wellness and Sports Nutrition Retail Store in Prestigious Coral Gables, Florida
LAS VEGAS, NV--(Marketwired - Aug 7, 2014) - Earth Science Tech, Inc. (OTCQB: ETST) ("ETST" or "the Company"), a unique biotechnology company focused on nutraceuticals, bioceuticals and dietary supplements, announces its new wholly owned subsidiary, Nutrition Empire, Inc., and its new upscale retail store location will be located in the heart of Coral Gables, Florida at 4585 Ponce DeLeon Blvd., Coral Gables, FL 33146. This location will contain everything needed for health and wellness including but not limited to Sports Nutritional products, dietary supplements and CBD Rich Industrial Hemp products.
ETST will soon have a retail presence and store location in the growing health, wellness and sports nutrition market place. Nutrition Empire will be a specialty retailer and direct marketer of health, wellness, sports nutrition and dietary supplement products. It operates through 2 segments: Retail and Direct Online. Some of its products will include vitamins, minerals, herbal and dietary supplements, sports nutrition products, homeopathic remedies, green living products, diet products, beauty aids, and other wellness products. Nutrition Empire 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. Some of these may include Muscle Pharm, ProSupps, Dymatize Nutrition, Universal Nutrition, Qwest Nutrition, Natures Best, Optimum Nutrition, Cellucor, MHP, Nutrex, VPX, BSN and many more.
Nutrition Empire will be managed by leading veterans in the nutritional and dietary supplement arena. They will specialize with one on one customer care, service, relationship and experience. The company knows how important it is to focus on each and every individual customer's needs when they need advice or come to shop for nutritional or dietary supplement products.
ETST understands the importance of the statement, "Location, Location, Location" when it comes to launching a new health, wellness and sports nutritional supplement store. Nutrition Empire is located in the heart of Coral Gables, Florida. The Nutrition Empire retail space is on ground floor of an upscale luxury apartment home community called the "Gable Ponce" which consists of two bridged 10 story buildings. The location Gable Ponce already houses a built in customer base with one building consisting of 242 Class A+ rental units above the retail shops where Nutrition Empire is located. Gable Ponce's other 10-story bridged building consists of an additional 120 residential units atop an additional roughly 8,000 square feet of office space. Gable Ponce Phase III of the project is in the planning stages and is to include more apartments and about 19,000 square feet of additional ground-floor retail space. To stay up to date on Nutrition Empire and to view photos of the location please visit http://www.earthsciencetech.com/nutrition-empire.
Location is the most important thing when opening a new retail store front and that's why ETST new subsidiary, Nutrition Empire, is excited to announce its located on the bottom floor of Gable Ponce within the retail shops and right next door to Epicure Gourmet Market (http://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 (http://www.equinox.com), which was voted best gym in America by Fitness Magazine and I AM CrossFit (http://iamcrossfit.com/locations/coral-gables).
Another vast plus for this Nutrition Empire location and new upcoming retail store is that it's under 1mile from the University of Miami (http://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.
CEO of ETST, Harvey Katz PhD stated, "Nutrition Empire recently executed a 5 year lease with a 3 year renewal option for its retail store location which will be located in the heart of Coral Gables Florida at 4585 Ponce DeLeon Blvd., Coral Gables, FL 33146. I really love the fact that in the terms of the lease there can be no other nutrition or supplement store within a 3 mile radius of our store. We are currently working on the interior custom build out of this new modern upscale retail store location with our architects. ETST will look to update the market and its shareholders in the near term in regards to the Nutrition Empire store, location and launch."
On another note and as previously announced, ETST welcomes all interested parties to contact the company directly at info@earthsciencetech.com in regards to securing its Advanced High Grade CBD (Cannabidiol) Rich Hemp Oil. This scientifically formulated High Grade CBD (Cannabidiol) Rich Hemp Oil is available in all 50 states and over 40 countries as a nutritional and dietary supplement designed to support overall health and wellness. It is not marijuana so it does not require a medical license of any kind to authorize purchase. ETST's High Grade CBD Rich Hemp Oil is 100% natural and derived exclusively from the federally legal industrial hemp plant. This natural and scientifically formulated oil is lab tested multiple times, from seed to distribution. This includes micro-biological testing, CBD profiling testing, other cannabinoid content testing, yeast, mold, fungus, and bacteria testing to ensure the utmost degree of safety and the highest quality available. ETST is open to forming new strategic partnerships, joint ventures and/or supplying vendors, resellers and third party distribution companies its High Grade CBD (Cannabidiol) Rich Hemp Oil. ETST feels it can grow at a much faster pace by focusing on becoming a large wholesale distributor of its High Grade CBD (Cannabidiol) Rich Hemp Oil and by aligning itself with key strategic partners and third party resellers that are already well diversified in the nutritional and dietary supplement markets.
ABOUT ETST: ETST is a unique biotechnology company focused on delivering cutting edge nutraceuticals, bioceuticals and dietary supplements designed to excel in industries such as health, wellness, sports and alternative medicine so as to be a prominent factor in improving the quality of life for consumers worldwide. ETST is dedicated to providing natural alternatives to prescription medications such as nutritional supplements and dietary supplements that help improve common disorders and illnesses. This may include products such as vitamins, minerals, herbs, botanicals, personal care products, homeopathics, functional foods, CBD (Cannabidiol) as a natural constituent of hemp oil and other products. These products may be in various formulations and delivery forms including but not limited to capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders, and whole herbs. ETST has an exclusive distribution agreement for the purchase of industrial hemp-based CBD (Cannabidiol) rich oil. ETST does not grow, sell or distribute any substances that violate the laws of the United States or the controlled substance regulations of any state. 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 in hemp has provided overwhelming evidence of significant health and wellness benefits. CBD possesses no psychoactive properties and therefore is a ready for market non-THC hemp-based product. 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 demonstrated 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 Food and Drug Administration (FDA) currently considers non-THC hemp-based Cannabinoids, including CBD, to be "food based" and therefore legal. These new non-psychoactive CBD-rich hemp oil products that ETST will look to market and distribute are completely lawful to distribute and available to consumers in all fifty states and in more than forty countries. CBD (Cannabidiol), a naturally-occurring constituent of the industrial hemp plant, promotes and supports the nutritional health of aging bodies. Source: US Government patent #6,630,507 "Cannabinoids as antioxidants and neuroprotectants."
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 factors 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.
