• The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022
• The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base
• Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019

On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://ibn.fm/xZZtY). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a grower of broad-spectrum hemp biomass to scale up its production capacity in three states as favorable laws are finalized.

A big part of Hemptown USA’s strategy includes the farming of novel cannabinoid strains in addition to cannabidiol (CBD). Recently, the company acquired and is now in the process of planting $5.5 million of Oregon CBD seeds, including one million rare cannabigerol (CBG) seeds. The CBG seed genetics acquired by Hemptown USA are estimated to yield 10-12 percent CBG biomass. This move positions Hemptown USA to become a leading CBG producer in the United States.

This novel cannabinoid has shown to contain anti-microbial/anti-fungal properties, with some indications that it may help with colitis, neurodegeneration, cancer, glaucoma, bacterial infections, muscular tension, anxiety and inflammation (http://ibn.fm/MiK47). Industry insiders identify the anti-microbial/anti-bacterial properties of CBG as a perfect fit for the cosmetics industry – a trend that’s already visible in the marketplace.

Hemptown USA is currently cultivating more than 1,500 acres in Oregon, Kentucky and Colorado. Legislators in these states have welcomed hemp growers, particularly since the federal government inked the 2018 Farm Bill in December, opening the door to hemp cultivation as an agricultural commodity that no longer requires the U.S. Drug Enforcement Agency’s oversight (http://ibn.fm/9BglJ). By 2020, Hemptown USA plans to be a full vertically integrated company from the farm to the consumer in a bid to maintain a leading position in the developing industry.

The global industrial hemp market is expected to surpass $300 billion by 2025 (http://ibn.fm/mG49K).

For more information, visit the company’s website at www.HemptownUSA.com

• Geyser Brands builds and markets cannabis products and brands for diverse market sectors
• The company develops innovative products using hemp CBD for healthy lifestyle brands
• Geyser recently appointed London-based agency Brandeavour for brand development

Geyser Brands Inc. (TSX.V: GYSR) is a foremost consumer health care company headquartered in Vancouver, British Columbia. Geyser manufactures and markets some of the world’s most-loved cannabis products and brands in the nutraceutical, cosmetics, food-and-beverage and pet sectors. The company’s proprietary nanotechnology formulations create products with first-class bioavailability and efficacy. A Health Canada-approved licensed producer (LP), Geyser Brands has a licensed CBD (cannabidiol) production and distribution facility in Vancouver and is building a licensed manufacturing facility in Vancouver (http://ibn.fm/tYc1m).

The Geyser Brands integrated production chain and formulation lab develops unique products using hemp CBD for healthy lifestyle brands. The company operates a 7,000-square-foot facility in Port Coquitlam, British Columbia, where initial cannabis cultivation produced the first revenues out of Geyser’s cultivation license, which was granted in October 2018. The company’s distribution strategy involves acquiring hemp- and plant-based brands and infusing them with new CBD product lines in jurisdictions where the therapeutic ingredient is legal.

Geyser’s research and development (R&D) lab produces product formulations designed to enhance bioavailability and shelf stability while maintaining all-natural ingredients. Geyser delivers creams, beverages, baked goods and tinctures using its proprietary nanotechnology formulation. These products have superior bioavailability and water solubility.

Geyser Brands has an R&D investment in NanoFusion, a proprietary all-natural nanotechnology. Fundamentally, NanoFusion is an advanced delivery system that rapidly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency. The exclusive technology provides enhanced bioavailability and penetration.

In addition, NanoFusion improves the transport of active ingredients for site-specific targeting and solves problems with insolubility. It also delivers active ingredients across cell membranes for release within the cells. Furthermore, NanoFusion provides a longer shelf life and stability of molecules. Regarding pet products, Geyser employs NanoFusion in the baking process for dosage control.

Recently, Geyser Brands appointed London-based agency Brandeavour its brand development and that of its subsidiaries (http://ibn.fm/NYEAE). The company engaged Brandeavour founder and CEO Anthony Webb, a brand expert and strategist, as a consultant of record for strategic branding and creative counsel.

Brandeavour will provide overall brand direction for Geyser Brands and its subsidiaries, as well as commercializing new brands. Moreover, Brandeavour will work with GetFresh Ventures to develop new marketing channels for Geyser Brands. GetFresh Ventures is Geyser Brands’ strategic partner, providing data-driven, digital-growth services.

“The Geyser Brands team is thrilled to have Anthony on board and working to support our business and brand growth,” Geyser CEO Andreas Thatcher stated in a news release. “Combined with the data-driven, digital-strategy frameworks supported by GetFresh Ventures, we are perfectly positioned to develop a compelling, highly differentiated, and consumer-focused approach to brand growth and development.”

With an integrated production chain and formulation lab that develops inventive products, Geyser Brands is at the vanguard of using hemp CBD for healthy lifestyle brands. The company continues to look for opportunities to invest in the R&D of innovative, high-quality proprietary strains and technologies that target specific health-related conditions. For investors, Geyser is furthering its mission to build and market brands nationally and globally, creating retail channels and direct-to-consumer experiences for its hemp-infused products.

For more information, visit the company’s website at www.GeyserBrands.com

NOTE TO INVESTORS: The latest news and updates relating to GYSR are available in the company’s newsroom at http://ibn.fm/GYSR

• PLUS’ CEO presented at the New York conference and met with investors
• Canaccord Genuity issued a ‘Speculative Buy’ rating on the company, citing planned expansion and a move into baked goods/mints
• BDS Analytics reports that PLUS is California’s number one cannabis-infused edibles brand

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) co-founder and CEO Jake Heimark presented at Canaccord Genuity’s Third Annual Cannabis Conference on May 14, held in New York City. He also planned to meet with investors. PLUS products had received a favorable ‘Speculative Buy’ rating from Canaccord Genuity (“CG”), which discussed the company’s planned move into baked goods and mints, as well as its expansion to retailers beyond its exclusive California base (http://ibn.fm/rHXUB). Baked goods account for about 10 percent of cannabis edibles sales in California (http://ibn.fm/ffnWd).

PLUS stated that BDS Analytics’ retail sales data reported that its product lines made up the number one cannabis-infused edibles brand in California retail sales and units sold in Q3 and Q4 2018 (http://ibn.fm/nzPsP).

Plus Products received a price target of C$8 in its initial coverage from CG. Real Money noted that growth in product offerings was a factor, and the company’s geographic expansion was also an important issue (http://ibn.fm/BvAul). The site noted that PLUS may offer its top-selling cannabis-infused gummies beyond California into Nevada and Oregon, with future growth in additional states such as Massachusetts, Florida, Michigan and New York.

“We estimate the expansion states and Canada could represent a combined market of more than $10 billion by 2022,” CG analyst Bobby Burleson stated in the analysis. CG also projected that Plus Products could sell 3.7 million packages of gummies in 2019, as compared to an estimated 1.4 million in 2018. CG sees PLUS gummies’ market share in California growing from 8 percent in 2018 to 15 percent in 2019, reaching a projected 28 percent by 2020. CG’s report said that gummies represent 36 percent of the cannabis edibles market in California (http://ibn.fm/SfNOu).

San Mateo, California-based PLUS is a cannabis-infused branded products manufacturer selling to regulated medicinal and adult-use recreational markets in California. PLUS is focused on building the largest cannabis brand by growing organically and through acquisitions.

For more information, visit the company’s website at www.PlusProducts.com

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://ibn.fm/PLPRF

• Petroteq’s patented closed-loop “clean” technology mines tar sand source material from land surfaces, minimizing financial and environmental risk
• Global demand for oil is outpacing supply, with geopolitical forces and expected higher oil prices contributing to increased drilling activity in the U.S.
• Petroteq’s patented technology efficiently captures heavy oil that wasn’t previously accessible
• The company began delivering oil to its regional market in November 2018 and expects to increase production to 1,000 bpd

Recent short-term energy outlook reports issued by the U.S. Energy Information Agency (“EIA”) illustrate the volatility of the world’s crude oil supply as geopolitical forces affect production and predicted demand outpaces supply. Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) and its environmentally-friendly oil extraction technology has the potential to revolutionize America’s energy independence by releasing heavy oil resources hidden in oil sands and oil shale deposits without harming the environment.

Petroteq’s patented closed-loop, clean technology is currently in production at the company’s Asphalt Ridge pilot facility in northeastern Utah and has proven to be commercially viable. Petroteq began delivering oil to its regional market in November 2018 and recently reported consistent production of over 500 barrels per day (bpd) (http://ibn.fm/dSRuS). Petroteq’s environmentally safe and sustainable approach for the extraction of heavy oil and bitumen from oil sands, shale and shallow oil deposits produces zero greenhouse emissions or waste and does not necessitate the use of high temperatures.

Petroteq’s technology comes at a fortuitous time, as political unrest continues to shake the world’s oil-rich nations. EIA’s May 7, 2019, short-term energy outlook report issues several forecasts, including concerns that tighter than expected global oil market balances in mid-2019 and increasing supply disruption risks globally – notably from Venezuela and Iran – will affect oil inventories and prices (http://ibn.fm/cHry7).

Unlike fracking, or hydraulic fracturing, in which high pressure water and chemicals are injected into drilled wells to force open rock fractures, releasing trapped oil and creating polluting tail ponds, Petroteq’s patented closed-loop “clean” technology mines tar sand source material from land surfaces without harming the environment. As the oil sands are mixed with a solvent solution and crushed to wring out the oil, the sand is shaken and removed for storage through a heat distillation process. The original sand material is then returned to the desert floor, cleaner than when it was taken for processing.

“In fact 100 percent cleaner than it was when we took it out,” Petroteq President R. Gerald Bailey said in an interview last year (http://ibn.fm/O0gsF). “There’s no emissions, nothing to the air and nothing to the soil… So, you could put plants on it and grow it after we get finished. So, there’s no environmental issues in this stuff and it’s very amenable to easy expansion.”

Utah’s vast oil sands deposits represent 15 billion barrels of recoverable oil and potentially more, according to the Utah Geological Survey. Petroteq’s Asphalt Ridge mineral lease alone features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent.

The company is strategically expanding its oil sands resource in Utah under U.S. federal oil and gas leases that encompass approximately 8,480 gross acres (4,240 net acres), according to a news release (http://ibn.fm/lAsHJ). This acquisition, as well as the previous one carried out by Petroteq for 50 percent of the operating rights and interests under the same lease, will give the company 100 percent of the operating rights for oil sands development.

For more information, visit the company’s website at www.Petroteq.energy

NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://ibn.fm/PQEFF

• SGSI reported revenue of $11,335,732 for Q1 2019, as compared to $4,327,764 from Q1 2018
• The company’s CEO said that its first quarter with positive income from operations reflects “continued improvements” in business
• SGSI reported income from Q1 2019 operations of $14,699, as compared to a loss of $743,491 from operations in Q1 2018

Spectrum Global Solutions Inc. (OTCQB: SGSI) in Q1 2019 reported its first quarter with positive income from operations. For the three months ended March 31, 2019, SGSI reported revenues of $11,335,732, as compared to sales of $4,327,764 the first quarter of 2018. In 2019, the company showed its first quarterly income from continuing operations of $14,699, as compared to a loss from operations of $743,491 during the same period in 2018 (http://ibn.fm/Uuf5g).

“Revenue was just over $11.3 million, which reflects consistent growth in our AW solutions, ADEX and TNS subsidiaries,” SGSI CEO Roger Ponder stated in a news release. “We also reported positive income for the period. This is Spectrums’ first quarter with positive income from operations, which demonstrates continued improvements in the business.”

Ponder also praised the performance of these three subsidiaries. “We are experiencing consistent revenue growth from our AW solutions, ADEX and TNS subsidiaries that is much stronger than the prior year and expect to continue this growth pattern both organically and through strategic, accretive acquisitions,” he added.

SGSI is a single-source provider of wireless and wireline network infrastructure and professional service solutions to the service provider (carrier) and corporate enterprise markets (http://ibn.fm/jICGy). The company is a leading provider of telecommunications engineering and infrastructure services in the United States, Puerto Rico, Canada, Guam and the Caribbean.

Subsidiaries acquired in April 2017, February 2018 and January 2019 were significant in the company’s 2019 performance. Their combined gross profit in Q1 2019 was $2,511,567 at a 22.2 percent gross profit percentage. By comparison, in Q1 2018, gross profit was $543,244 at 12.6 percent.

Net loss attributable to common shareholders for Q1 2019 was $1,332,587, as compared to net income of $134,269 for the comparable period in 2018. SGSI said that the increase in net loss was attributable to increases in other expenses of loss on change in fair value of derivatives, as well as the amortization of discounts on notes payable, convertible debentures and interest expense.

For more information, visit the company’s website at www.SpectrumGlobalSolutions.com

NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://ibn.fm/SGSI

• Plus Products reported tremendous revenue growth in its latest audited financials
• The former president and CMO of Popchips recently joined PLUS as its new chief revenue officer
• The company has unveiled new Classic Mints, which appeal to microdosing culture

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a branded, cannabis-infused products manufacturer, recently announced exciting developments in its quest to dominate the edibles market.

The company continues its innovation of low-dose, delicious cannabis edibles with a new line of mints. As more consumers are microdosing, or adding small doses of cannabis into their daily lives, industry leaders are searching for new and inventive ways to support this demand. Mints are the perfect vehicle for those looking to avoid a sweeter or stronger gummy alternative. Recently unveiled, each PLUS Classic Mint flavored tablet contains 2.5 mg of THC and less than 0.1 mg of CBD (http://ibn.fm/HITam).

“We can’t wait to get PLUS Mints on our shelves, as we have a huge demand for microdosed products,” Moe Greens owner Nate Haas stated in a news release (http://ibn.fm/LVC8Q). “Everything that comes out of the PLUS house is superb, high quality, and we trust the brand enough to continue to sell it to our customers.”

PLUS mints are available at a limited number of licensed retailers across the state of California and were launched market wide at the Hall of Flowers cannabis trade show on April 30.

In another recent company development, Plus Products announced that former Popchips President and CMO Marc Sequin has joined its team as chief revenue officer, effective April 30, 2019 (http://ibn.fm/uqG8M). Sequin, who brings more than 30 years of food and retail branding experience to the position, will be responsible for leading the marketing and sales teams in all aspects of marketing and consumer connection. He will take charge of consumer education about the cannabis industry, ensuring responsible and conscientious branding and marketing strategies. Sequin is one of the first veteran food marketers to enter the cannabis space, and his seasoned guidance in marketing and brand strategy is sure to nurture the fledgling cannabis marketing standards into healthy maturation.

Sequin praised the company’s leadership in the industry in a recent news release, also noting that what attracted him to the company “was their safe and approachable mission… Jake and the leadership team truly embody a seasoned food manufacturing company in quality standard, lab assurance, manufacturing protocols and even implementing childproof packaging before required… I look forward to further elevating the PLUS brand into a household name amongst cannabis and food competitors alike.”

Plus Products recently released its audited financials for the calendar year ended December 31, 2018. The company’s revenues grew a staggering 681 percent from its $1.1 million 2017 totals to $8.4 million in 2018 (http://ibn.fm/qBJSV). This growth was mainly driven by the company’s concentrated brand portfolio of highly popular, premium products. Specifically, the PLUS Uplift Sour Watermelon Gummy was the top-selling branded product of more than 20,000 products sold across all cannabis categories in California in 2018.

According to BDS Analytics, PLUS Uplift and PLUS Restore remained the top two best-selling edible products in California.

For more information, visit the company’s website at www.PlusProducts.com

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://ibn.fm/PLPRF

• Wildflower Brands is an integrated health and wellness company
• WLDFF offers a complete lineup of full-spectrum CBD-infused products
• The company recently signed a Polish distribution agreement

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) develops and designs brands that focus on plant-based health and wellness products. Wildflower has an innovative and holistic business model that incorporates research and development (R&D), manufacturing, distribution, marketing and retail. The company’s brands include Wildflower Wellness and King Extracts. Wildflower Brands operates out of Washington State and California and sells across the United States.

Wildflower works in regulated cannabis markets in the United States in accordance with respective regulations, marketing its THC and CBD+ products. The company focuses on creating unique brands that work synergistically toward moving the company ahead to becoming an international wellness brand leader.

For example, Wildflower Wellness offers a comprehensive lineup of full-spectrum CBD-infused products made in the United States. The company’s California-based King Extracts centers on cannabis technology and delivery systems.

Wildflower Brands recently signed a distribution agreement with wholesaler Two Towers. Based in Poland, Two Towers is one of that country’s major wholesale prescription medical and over-the-counter wellness distribution companies (http://ibn.fm/pVulU). Two Towers distributes products from a wide-ranging list of worldwide leaders in pharmaceutical and consumer packaged goods. This distribution agreement advances Wildflower’s strategy for global growth and opens up expansion opportunities in the European Union.

Furthermore, Wildflower Brands is expanding its cannabis retail presence with City Cannabis Corp., a premier licensed cannabis retailer in British Columbia. Wildflower entered into a nonbinding letter of intent (LOI) last month to acquire City Cannabis in exchange for common shares of Wildflower Brands. City Cannabis holds two of the six City of Vancouver licenses to sell cannabis. It is the first company with multiple licenses in British Columbia (http://ibn.fm/07UGk).

This month, Wildflower Brands announced the signing of an agreement with Highmark Interactive to study the cognitive and functional neurological effects of cannabinoids via clinical research. The two companies will take advantage of Highmark’s industry-leading mobile software EQ – Active Brain Tracking. The aim of the research sponsorship is to create meaningful data and results, which could unlock new paths of understanding regarding the cognitive and functional neurological effects of cannabinoids (http://ibn.fm/swejm). A medical technology company, Highmark Interactive concentrates on assessing neurological functional performance and how it is affected after mild traumatic brain injuries and other neurological diseases.

“Wildflower continues to receive a flood of testimonials from consumers on our products that support wellness and health needs through plant-based solutions,” Wildflower Brands CEO William MacLean stated in a news release. “We always strive for improvements in our products and our understanding of those products, and this research commits us to that goal as an investment in the growth of our industry. Highmark Interactive brings the right skills and relationships to the table, and we are excited to see the results of our work together.”

Wildflower Brands is committed to creating and providing options for people seeking holistic wellness and health. For its customers, the company continues to study and develop better and improved ingredients and formulations. For investors, Wildflower offers the potential for portfolio growth with its precise global expansion strategy and dedication to superior products and a first-class consumer retail experience.

For more information, visit the company’s website at www.WildflowerBrands.co

• The company is constructing the first-ever cannabis mall, offering products manufactured in-house and serving outside vendors
• GCGX is reaching into the Lake Tahoe, California-area to provide products to more than 30 million who have limited or no access to recreational dispensaries
• The company is adding a medical grade nutraceutical division
• GCGX aims to commence the registration process for listing on the Nasdaq, with a target date of mid- to late-June

Headquartered in Florida, Global Consortium Inc. (OTC: GCGX) is a diversified, cannabis-holding company expanding its reach nationwide. The company’s portfolio includes several subsidiaries, partnerships and licensing agreements. Focused on sustainable revenues from operations, GCGX’s approach is seed to shelf, thereby providing the company with optimal control of the end-consumer experience. The company believes that the first to market will dominate and is pushing its way to the forefront.

The company is currently constructing the first-ever cannabis mall. Located in Sacramento, California, this 64,000-square-foot building will follow GCGX products from seed to sale. Manufacturing, distribution, delivery, retail, testing and cultivation operations are all expected to take place under the same roof. Once completed, the cannabis mall will be home to the largest operational CBD and THC distillate and edible manufacturing facility in the country. The mall will offer products manufactured in house, as well as serving outside cannabis vendors.

GCGX is reaching into the Lake Tahoe, Nevada, area to establish itself as one of the first in the recreational space. The area has no recreational dispensaries, and the more than 30 million people who live and visit Lake Tahoe rely on a single licensed delivery company. All of Global Consortium’s products are now available in the area, and the weekly order placed is worth a minimum of $50,000.

The Global Consortium product line currently consists of Infused Oils and Infused Edibles. The company’s Infused Oils line creates natural, pesticide-free, medicinal cannabis extracts that are strain-specific THC and CBD oils of premium quality. In its 13 years of production, the company’s Infused Edibles line has received 17 first-place awards for its U.S.-grown and CBD-infused products and currently serves an estimated 400 stores in 15 states. The production of all edibles is expected to relocate by the end of Q2 2019 to the new cannabis mall (http://ibn.fm/54BSn).

The company also recently announced (http://ibn.fm/6zZsa) that it is adding a medical grade nutraceutical division. Products produced from this division will be overseen by medical doctors and veterinarians, and they may include lotions, balms, ointments, liquids, pills and powders. While some products will be made available to the public, others will be white labeled for customization to providing doctors’ practices.

During a recent investor conference call (http://ibn.fm/pVmEu), GCGX CEO Matthew Dwyer also emphasized the company’s goal to begin the registration process for being listed and traded on the Nasdaq by mid- to late-June.

For more information, visit the company’s website at www.GCGX.org

NOTE TO INVESTORS: The latest news and updates relating to GCGX are available in the company’s newsroom at http://ibn.fm/GCGX

• Figures from VPR Brands’ 2018 report point to strong financial performance
• VPR Brands’ growth strategy focuses on high-performance, high-quality products that build expanded brand quality, awareness and loyalty
• The company’s plethora of brands target multiple corners of the lucrative cannabis industry

VPR Brands, LP (OTC: VPRB), an innovative technology holding company whose assets include patented atomization-related products and technology, recently announced its 2018 financial results, boasting increased revenues and a net operating gain.

The company has grown its revenues to almost $4.6 million (http://ibn.fm/Wsh4U) while “reversing its operating loss of over $888,000 to positive territory above $9,000.” Its full-year operating margins grew by almost 20 percent from 2017 to a margin of 441 percent in 2018.

VPR Brands CEO Kevin Frija noted the company’s efforts to maintain growth while being fiscally responsible. In a news release, he stated, “We have all tirelessly worked to build a strong foundation and prove we are capable of maintaining consistent and sustainable growth and still be mindful of financial performance.”

Figures from VPR Brands’ report point to strong financial performance. Operating expenses for full-year 2018 went down from $2,100,901 to $1,905,881, as compared to full-year 2017. Despite this decrease, the company was able to increase revenues by 28 percent for the same period, from $3,610,379 to $4,613,300.

VPR Brands’ growth strategy focuses on high-performance, high-quality products that build expanded brand quality, awareness and loyalty. The company boasts a strong portfolio featuring various brands geared toward multiple sectors of the cannabis and CBD-oil industries.

VPR Brands’ GoldLine utilizes the latest technology to create premium edibles such as gummies and pure honey stix, tinctures, pre-rolled flower, vapable products and creams. Honeystick, a lifestyle brand, tailors its upper-tier vaporizers to the needs of patients and recreational users, and it is sold both online and through a diverse network of distributors, e-tailers, dispensaries and smoke shops.

GoldLine Hemp products, on the other hand, are created without CBD for consumers who aren’t looking for CBD offerings but still want to take advantage of this rapidly expanding class of products. GoldLine’s hemp-only edible hemp gummies are now being distributed nationwide.

This small sampling of VPR Brands’ portfolio shows its industry range and versatility. VPR Brands continues to expand its industry presence by focusing on cutting-edge technology and user-centric designs that are uniquely engineered to be used with cannabis or CBD oils, concentrates and flowers.

For more information, visit the company’s website at www.VPRBrands.com

NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://ibn.fm/VPRB

• A recently introduced informercial campaign tells the real-life story of the impact of ETST cannabinoids on consumer
• An estimated 64.5 percent of hemp-sourced cannabis is sold online; the legal cannabis market is projected to hit $20.2 billion by 2021
• The ‘As Seen on TV’ spot is currently airing on Fox News, Lifetime and the Cooking Channel

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is inviting viewers of its ‘As Seen on TV’ infomercial aired in the New York market to purchase ETST’s industrial-grade, hemp-sourced cannabinoid products online. According to a study by the Brightfield Group, almost two-thirds, or 64.5 percent, of hemp-sourced cannabis is bought online (http://ibn.fm/Oj3Um). ETST is exactly on target with the market.

The 60-second commercial also invites viewers to buy ETST products at local health food stores. A Forbes article reported that, while the internet was first in sales of hemp-sourced cannabinoids, health stores were also a leading source, coming in fourth. Other purchasing options include smoke shops (second), dispensaries (third) and doctors’ offices (fifth).

The infomercial is introduced by Kevin Harrington, identified as an original shark on the TV Show Shark Tank. He explains that ETST’s full-spectrum cannabinoids can help the “aches or pains” issue (http://ibn.fm/p83vz). The spot then tells the success story of real-life customer Rhoda Friedman, who credits her improvement in mobility and lifestyle to ETST’s full-spectrum cannabinoids. As the infomercial ends, viewers are invited to buy ETST products, either online or at a local health food store.

ETST’s full-spectrum cannabinoids offer analgesic pain relief and anxiety reduction, per company data. ETST offers cannabinoids in the form of soft gels, tablets, liquids and other options classified as food-based and permissible in all 50 states in the United States and some 40 countries.

Initially, the spot is airing in New York between 9 p.m. and midnight ET, but ETST has announced that more markets and networks will be added to the infomercial campaign, which is scheduled to run through July 14. First airing on Fox News, Lifetime and the Cooking Channel, the spot may also be seen online on various social media platforms.

Arcview Market Research projects that legal cannabis sales in North America will reach $20.2 billion by 2021, growing at a compound annual growth rate of 25 percent from 2016 (http://ibn.fm/0L9ml).

For more information, visit the company’s website at www.EarthScienceTech.com

NOTE TO INVESTORS: The latest news and updates relating to ETST are available in the company’s newsroom at http://ibn.fm/ETST