$ETST In February 2017 also acquired Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada. This acquisition is allowing the Company access to government grants offered to companies for innovation in the pharmaceutical industry. Applications for grants have already been filed and the Company anticipates announcing a responses to the first request in Q1 2018. The existence of this Canadian division will help extend the collaboration between ETST resources in Canada and USA, and allow the company to have up to 50% of all R&D expenditures covered by grants from governmental or private sources.
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