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EastWest Bioscience Secures Distribution Deal to Access 7,000+ Stores Nationwide

V.EAST.H

EastWest Bioscience Secures Distribution Deal to Access 7,000+ Stores Nationwide

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


Vancouver, British Columbia (FSCwire) - EastWest BioScience Group (the “Company” or “EastWest”) (TSX.V: EAST) is excited to announce that Natural Pet Science, its premium pet brand division, has secured 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 a ground-breaking hemp and cricket-based formula for pets, as the first pet treats to be carried under the Purity Life banner, now available in warehouses for shipping.

Purity Life, since its inception in 1984, has provided excellence in products along with customer service, and supplied Canada with the highest quality natural healthy living products. The organization has received Supplier of Excellence Awards on several occasions, directly servicing over 5,000 health food, pharmacy and practitioner accounts across Canada, making natural healthy living easily accessible for all Canadians. Through its incredible commitment to customer satisfaction, Purity Life grew to be Canada’s number one supplier of natural health products. EastWest will now have access to some of the fastest growing retailers in Canada such as, Whole Foods, Healthy Planet, Choices and Goodness Me through this new partnership.

Co-Founder and CEO Rodney Gelineau commented, “We are thrilled to bring our quality pet treats to pet owners through Purity Life. This is the beginning of a great partnership and we’re excited to continue providing innovative products to pet owners across Canada. Purity Life’s business is based on operational and customer service excellence, integrity, professionalism, and commitment, similar values inherent at EastWest. We look forward to a long-term partnership as we continue to accelerate the growth of the business.

The Natural Pet Science brand has received significant acclaim from the press for its uniquely healthy and sustainable pet treats. The Slim’Dog and Calm’Cat products were touted as “favourite finds” by Modern Dog and Modern Cat magazines. The Calm’Cat treats were also featured in a weekly newsletter by the popular cat blog, The Purrington Post.

Crickets, a key ingredient, have an amazing nutritional profile that is equivalent or superior to salmon, eggs, turkey, chicken or beef. Crickets are a great source of high-quality protein with 9 essential amino acids and an optimal Omega-6/Omega-3 ratio. Paired with nutrient-dense and sustainable hemp, crickets offer a unique alternative to meat options and support more sustainable food production. Crickets require very little water and energy for their production, with water requirements reduced by about 10 times and food requirements reduced by 4 to 6 times compared to protein sourced from farm animals. Furthermore, farmed crickets, pound for pound, produce less than 1% of the methane produced by cattle resulting in a greatly reduced environmental footprint and a huge win for food sustainability.

Thanks to their unique hemp and cricket-based formulas, Natural Pet Science treats bolster a rich supply of protein and Omega-6 and Omega-3 fatty acids to support pet health. In combination with a wealth of other wholesome natural ingredients such as sweet potatoes, lentils, chickpeas, and coconut meal, Natural Pet Science treats take innovative, healthy and sustainable pet treats to the next level. These treats are specifically designed to be super healthy, tasty and keep four-legged friends happy. 

About Natural Pet Science

Natural Pet Science is a hemp-based pet brand - producing, manufacturing and distributing premium health products for dogs and cats. The brand continues to innovate and produce high-quality healthy hemp-based alternatives to support the preventive care of pets. For more information on Natural Pet Science, please visit www.naturalpetscience.com.

About EastWest BioScience Group

EastWest Bioscience is a seed-to-sale organization that offers world class manufacturing and premium hemp-based consumer goods. Since it was founded in 2016, EastWest continues to grow as a high-quality producer, manufacturer and distributor of multiple lines of premium hemp products. EastWest is strategically positioned in mainstream consumer markets with wholistic natural products and has developed distribution channels into mainstream stores and markets in Canada. The Company has a Health Canada licensed, GMP (Good Manufacturing Practices) certified manufacturing facility and produces premium brands offering natural products for a preventive care lifestyle. EastWest consumer product lines are divided into four distinct brands: 1) Natural Advancement – natural biopharmaceutical health supplements; 2) Earth’s Menu – all-natural hemp superfoods; 3) Natural Pet Science – pet food and pet supplements; and 4) Chanvre Hemp – all-natural cosmetics and skin care products. The organization will continue to focus on ongoing development of innovative, hemp-based consumer products through advanced science with clean, natural ingredients to complement its current product offerings.

ON BEHALF OF THE BOARD OF DIRECTORS

EASTWEST BIOSCIENCE GROUP

“Rodney Gelineau”

Co-Founder, Chief Executive Officer and Director

For further information, please visit www.eastwestscience.com or contact EastWest at 1-800-409-1930 or investors@eastwestscience.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statement Caution

This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the development of EastWest’s business, products and future plans. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking information. Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved.  Forward-looking information is based on information available at the time and/or the Company management’s good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. Readers are cautioned to not place undue reliance on forward-looking information.  Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks associated with EastWest’s business as disclosed in the Company’s most recently filed MD&A. The statements in this news release are made as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.




Source: EastWest BioScience Group (TSX Venture:EAST)

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