Company Description
Earth Science Tech, Inc. (ETST) is a Florida-based public company that operates as a strategic holding company, with a focus on healthcare and pharmaceutical operations. According to its SEC classification and company disclosures, Earth Science Tech is formally identified under SIC code 2834 for pharmaceutical preparations and has transitioned away from legacy CBD and cannabis-related activities. The company’s common stock, with a par value of $0.001, trades on the Over the Counter Bulletin Board under the ticker symbol ETST.
Earth Science Tech centers its business model on acquiring, optimizing, and managing operating businesses. The company describes its mission as value creation through acquisition, operational optimization, and management of subsidiaries. Its current operations span compounding pharmaceuticals, telemedicine, and real estate development, as well as consumer brands, through a portfolio of wholly owned and majority-owned entities.
Healthcare and Pharmaceutical Operations
A core pillar of Earth Science Tech’s strategy is its healthcare and pharmaceutical platform. The company states that it operates within the healthcare and pharmaceutical sectors and that its operations are aligned with its SIC 2834 classification.
- RxCompoundStore.com, LLC – A fully licensed compounding pharmacy based in Miami, Florida. Company disclosures note that RxCompoundStore.com is authorized to fulfill prescriptions in multiple U.S. states and Puerto Rico, and that it is actively pursuing licensure in remaining states.
- Mister Meds, LLC (Mister Meds) – A pharmacy located in Abilene, Texas. The company reports that Mister Meds received full compounding licensure and operates from a facility owned by Avenvi, with advanced sterile compounding capabilities, including positive and negative pressure environments and hazardous drug handling. Mister Meds is described as applying for licensure in states not yet serviced by RxCompoundStore.com.
- Peaks Curative, LLC – A telemedicine referral platform that offers asynchronous consultations for Peaks-branded compounded medications prepared at RxCompoundStore.com and Mister Meds. The platform operates in states where either pharmacy is licensed and is supported by a developing healthcare provider network under MyOnlineConsultation.com.
- Las Villas Health Care, Inc. – A brick-and-mortar healthcare facility dedicated to the Spanish-speaking community. Company descriptions highlight advanced sexual health treatments and customized solutions aimed at enhancing physical performance, with an emphasis on personalized care and patient education.
- DOConsultations, LLC – A telehealth-focused business described as modernizing the availability and delivery of home therapies. According to Earth Science Tech, DOConsultations providers tailor medication plans around patient health and wellness goals and coordinate with partner pharmacies that ship medications directly to patients.
Through these subsidiaries, Earth Science Tech connects compounding pharmacies with telemedicine platforms and in-person care, creating an integrated healthcare ecosystem that manages both the preparation and clinical delivery of pharmaceutical products, as described in its news releases.
Real Estate and Infrastructure via Avenvi
Avenvi, LLC is identified by Earth Science Tech as a diversified real estate company engaged in development, asset management, and financing. Company statements indicate that Avenvi maintains a growing portfolio of real estate holdings and provides turnkey solutions from development to end-user financing. Avenvi also manages investment activities for Earth Science Tech and oversees the company’s share repurchase program, which has been expanded over time according to multiple news releases.
In addition to its development activities, Avenvi owns the real estate property where Mister Meds operates, highlighting the link between the company’s real estate and healthcare operations. Disclosures also note that Avenvi has begun work on residential development projects, reflecting its role in supporting the broader holding company structure.
Consumer Brands and Intellectual Property
Beyond healthcare and real estate, Earth Science Tech holds an interest in consumer-facing brands built around intellectual property:
- MagneChef – Described as a direct-to-consumer retail brand that utilizes patents and intellectual properties to develop products marketed and sold online. Company materials state that MagneChef has developed products for cooking and is working to expand its product line with new offerings that incorporate its intellectual property. Earth Science Tech reports an 80% ownership interest in MagneChef.
- In more recent disclosures, MagneChef is also said to have expanded into the premium American-made BBQ tool brand market through the acquisition of BBQraft, further extending the consumer product focus built on proprietary designs.
Strategic Holding Company Model
Across its portfolio, Earth Science Tech emphasizes a strategy of acquiring and scaling high-potential operating businesses. The company repeatedly characterizes itself as a strategic holding company focused on:
- Acquisition of operating businesses in healthcare, telemedicine, real estate, and consumer products.
- Operational optimization, including governance, cross-subsidiary coordination, and efficiency improvements.
- Long-term value creation through active management of its subsidiaries.
Company communications describe a shift from acquisition-focused activity to maximizing the value and profitability of existing divisions, particularly within its healthcare and pharmacy operations.
Regulatory Status and Market Positioning
Earth Science Tech has highlighted several regulatory and market milestones in its public disclosures:
- The company notes that its primary SIC code is 2834 (Pharmaceutical Preparations) and that it has formally identified as a pharmaceutical entity since 2022.
- It reports that FINRA processed a Form 211 relating to the initiation of priced quotations of ETST, which the company describes as a critical step in its strategic plan.
- Earth Science Tech has also announced qualification for and listing on the OTCID tier of the OTC Markets, a tier that recognizes companies meeting enhanced disclosure and transparency standards, according to its news release.
In multiple communications, the company states that it is actively working with data providers and financial platforms to ensure that its classification as a healthcare and pharmaceutical-focused entity is accurately reflected, replacing outdated references to CBD or cannabis-related activities.
Capital Allocation and Share Structure Actions
Earth Science Tech has disclosed several actions related to capital allocation and share structure:
- Share Repurchase Program – The company has announced a common stock repurchase program, with authorization levels that have been increased over time. Avenvi is described as overseeing this program on behalf of Earth Science Tech.
- Reduction of Authorized Shares – Through an amendment to its Articles of Incorporation filed in Florida, Earth Science Tech reduced its authorized common stock from 350,000,000 shares to 300,000,000 shares. The amendment was approved via majority shareholder written consent and a corporate resolution, as detailed in an 8-K filing.
These measures are presented by the company as aligned with its focus on shareholder value and its broader strategic trajectory.
Subsidiary Overview
Based on company disclosures and repeated descriptions in news releases, Earth Science Tech’s operating structure includes:
- RxCompoundStore.com, LLC – Compounding pharmacy.
- Mister Meds, LLC – Compounding pharmacy with advanced sterile capabilities.
- Peaks Curative, LLC – Telemedicine referral platform.
- Las Villas Health Care, Inc. – Brick-and-mortar healthcare facility serving the Spanish-speaking community.
- DOConsultations, LLC – Telehealth and home-therapy-focused provider coordination platform.
- Avenvi, LLC – Real estate development, asset management, and financing business that also manages investment activities and the share repurchase program.
- Earth Science Foundation, Inc. – Identified as a subsidiary in company descriptions.
- MagneChef – Direct-to-consumer retail brand focused on patented cooking and BBQ-related products, with Earth Science Tech holding an 80% interest.
Through this portfolio, Earth Science Tech combines healthcare services, pharmaceutical manufacturing through compounding, telemedicine infrastructure, real estate support, and consumer brands under a single holding company framework.
Stock and Regulatory Filings
Earth Science Tech’s common stock is registered under Section 12(g) of the Securities Exchange Act of 1934, according to its 8-K filings, and trades under the symbol ETST on the Over the Counter Bulletin Board. The company files periodic and current reports with the SEC, including 8-K filings describing material events such as amendments to its articles of incorporation, regulatory milestones, and press releases related to operations and strategy.
Key Takeaways for ETST Stock
For those researching ETST stock or asking “what is Earth Science Tech, Inc.?”, the company describes itself as:
- A Florida corporation operating as a strategic holding company.
- Formally classified under SIC 2834 for pharmaceutical preparations, with a focus on healthcare and pharmaceutical sectors.
- Managing a portfolio that includes compounding pharmacies, telemedicine platforms, a healthcare facility, real estate development, and a direct-to-consumer brand built on patents and intellectual property.
All of these points are drawn from the company’s own news releases and SEC filings, which together outline Earth Science Tech’s current identity and operational focus.