QualityStocksNewsBreaks – Earth Science Tech Inc. (ETST) Attributes Increases in Distribution, Demand for Upsurge in Revenues
Earth Science Tech (OTCQB: ETST), a Florida-based biotechnology company, recently reported a 66.4% increase in revenue during the 12 months ended March 31 compared to the same period of the previous year (http://ibn.fm/jmGx4). An article discussing the company reads, “In an annual report, filed with the SEC in July 2019, the company cited expanded distribution, increased customer awareness and rising demand for its branded, high-grade, full-spectrum cannabinoid products as factors driving the impressive performance. By cutting expenses from rising costs as product sales rose, ETST was able to maintain a 38.2% gross margin, the report noted, in addition to seeing…