Biotechnology company Earth Science Tech (OTCQB: ETST) is set to gain from the U.S. Drug Enforcement Agency’s (“DEA”) recent decision to remove certain CBD products from its Schedule 1 list of controlled substances, making it easier to plan CBD clinical studies (http://cnw.fm/03dUM). A recent article discussing the company’s stance on the decision reads, “The DEA decided to remove some CBD products from its Schedule 1 list of controlled substances. It voted to reclassify FDA-approved drugs that contain cannabis-derived CBD and contain less than 0.1% tetrahydrocannabinol (THC) as Schedule V, the lowest restriction classification. … ETST sees this ruling as an opportunity. In a news release, Dr. Michel Aubé, CEO and chief science officer of ETST, said, ‘In 2018, we have a much deeper understanding of cannabinoids, cannabinoid-receptors, and the endocannabinoid system than we did decades ago when CBD was classified as a schedule 1 drug. We are pleased to see that the DEA has shifted its stance amid conclusive evidence that CBD is not addictive but has both anti-psychotic properties and the opposite effect of THC.’”
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About Earth Science Tech, Inc.
Earth Science Tech, Inc. offers the highest purity and quality high-grade full spectrum cannabinoid oil on the market. There are positive results in studies on breast cancer and immune cells through the University of Central Oklahoma; in addition to studies through DV Biologics that prove the company’s CBD oil formulation lowers cortisol and functions as a neuro-protectant, with positive result case studies through key health organizations. ETST formulates, markets and distributes the CBD oil used for its studies to the public, offering the most effective quality of CBD on the market. For more information, visit the company’s website at www.EarthScienceTech.com.
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