EastWest currently has 35,079,779 common shares issued and outstanding, of which the sole shareholder holding more than 10% of the shares is Rodney Gelineau, Chief Executive Officer of the Company, which holds 16,829,750 common shares ( 47.98%).
November 2017
The Company has also seen significant development of its nutraceutical product manufacturing division Orchard Valley Naturals ("OVN"). OVN is a new Health Canada operating facility operating in Pentiction, BC. The same OVN facility has been established by Planet Organic only a few years ago and has the capacity to manufacture significant varieties and volumes of nutraceutical products.
(By 2009, Planet Organic's had $ 127.7 Million from its 76 retail stores and operations across Canada and the USA.
Amazon
A distribution agreement between EastWest and Amazon, North America's largest online distributor of natural health products. The Company is now set up on Amazon's sales platform and expects its shipments Natural Advancement hemp-based nutraceutical products to Amazon in November.
Over 7000 stores
A distribution agreement with Purity Life Health Products LP ("Purity Life") that distributes high-quality natural healthy living products to a vast network of
over 7,000 stores nationwide. Purity Life, Canada's largest natural health product distributor, has selected pet treats, Slim'Dog and Calm'Cat, both of which contain ground-breaking and cricket-based formulas for pets, Purity Life banner, now available in warehouses for shipping.
July 2018
| Insider / Pro Group Participation: | | |
| | Insider=Y / | |
| Name | ProGroup=P | # of Shares |
| Rodney Gelineau | Y | 18,383,333 |
| John MacPhail | Y | 2,100,000 |
| Richard Shatto | Y | 500,000 |
| Capitalization: | Unlimited shares with no par value of which |
| | 75,118,207 shares are issued and outstanding |
| Escrow: | 30,170,000 shares |
An aggregate of 19,840,000 Common Shares will be subject to 36-month escrow restrictions, with five percent (5%) being releasable upon receipt of final Exchange approval; a further five percent (5%) releasable in six (6) months; a further ten percent (10%) releasable on each of twelve (12) and eighteen (18) months; a further fifteen percent (15%) releasable on each of twenty-four (24) and thirty (30) months and the final forty percent (40%) releasable on thirty-six (36) months. An aggregate of 10,330,000 Common Shares (including the original 2,080,000 Common Shares under the CPC Escrow Agreement) will be subject to 36-month escrow restrictions, with ten percent (10%) of such escrowed shares being releasable upon receipt of final Exchange approval and a further fifteen percent (15%) being releasable on each of the six-month, twelve-month, eighteen-month, twenty-four month, thirty month and thirty-six month anniversaries of such approval. August 2018
The engagement of two Ontario based business consulting firms for the provision of services related to sourcing business development opportunities, strategic, marketing, financial and business plans, access to capital and related matters.
August 2018
the Company's launch of its innovative hemp food brand Earth's Menu, with the brand's first product Hemp Harmony Hemp Seeds. The launch is a significant milestone in the world of food and beverage in the United States, providing the company with a leading status in the rapidly-growing natural foods market and hemp industry.
September 2018
Eastwest Bioscience Expanding Three Brandlines through Retail Network of 2,000 Nationwide Retail Stores.
Hagens
EastWest Biosciences Hemp Pet Brand Processes Second Major Purchase Order
with Global Manufacturer to Fulfill Product Demand
non-brokered pp, 1 day closed
Announcement of a $ 730,925.25 in units ("Units") announced October 3, 2018, subject to TSXV approval.
Eastwest Vision
This commitment of Phytosciences as a consultant to EastWest will be supported by EastWest's ambitious strategy to expand its operations beyond the reach of medical products and medical marijuana and CBD markets. This will allow the Company to conduct trade of fresh and dried marijuana, cannabis oils, and concentrates, formulate research and development of cannabis products, and orchestrate analytical testing.
https://grizzle.com/the-untapped-potential-of-cannabidiol-cbd/
This mid-term vision includes acquisition and control of both its supply chain and its distribution chain and what the Company believes will be its real competitive market advantage. To that effect, the Company will also be announcing major acquisitions that will be literally bake-in its own sales distribution, a major market strategy unique to EastWest. Sangster's
Sangster's is one of Canada's most storied national natural health product franchises. Its acquisition gives EastWest a strategic advantage in becoming the leading hemp focused consumer goods company in Canada and around the globe.
"It's the first of several major steps we are planning to execute our strategic plan to build a vertically integrated global hemp Company.''
We had Sangster's for a song because of Rodney's relationship. East manages 3 of Sangster's 29 branches and possibly 4 soon. They should generate between 6 million and 8.5 million in the next year.
it has immediately converted three (3) of the Sangster's Health Center Stores ("Sangster's") from franchisee stores into corporately owned stores for the purpose of turning them into Sangster's Health Plus Centers. These new corporate stores are being planned and organized to include pharmacies and medical clinics to prescribe CBD in line with the long term EastWest business plan.
The acquisition gives EastWest a strategic footprint in its quest to become the leading hemp-focused consumer goods company in Canada and around the globe.
Agreement with Mondou ( 67 stores )
EastWest is also pursuing other major acquisitions that will further expand EastWest's revenues and distribution footprint and will be updating markets and shareholders with additional revenue streams as part of its vertically integrated model.
Eastwest BioScience Receives Multiple Purchase Orders with Global Retailer The TJX Companies Inc (NYSE: TJX) for Canada Wide Distribution. (TJX ranked No. 85 in the 2018 Fortune 500 list of the largest United States corporations by total revenue)
Rodney does not take a salary, of course he should sell shares sometimes but it's pretty good for East's finances.
Between 2.5 and 3.5 million revenues for 2018
Rodney: 'We expect to be north of 10 to 20 millions in a year from NOW. (november 2018)
East to annonce a expansion into Europe (soon)
Good video
https://www.youtube.com/watch?v=wmeWgsQ-00E
https://www.eastwestbioscience.com/
https://naturaladvancement.com/
https://earthsmenu.com/
https://naturalpetscience.com/
https://www.orchardvalenaturals.com/