VANCOUVER, BC / March 7, 2019 / EastWest Bioscience Inc. (the “Company” or “EastWest”) (TSX-V: EAST) has received its first order from Natural Pet Distributors (“NPD”) (www.naturalpetdistributors.com) one of its major eastern Canadian pet distribution partners. In accordance with its overall execution strategy to increase retail distribution of its family of products in 2019, Natural Pet Distributors provides a significant partnership for EastWest providing distribution into independent and major chains of pet channels in Canada. Representing over 550 pet retails stores in Southern Ontario and Quebec, Natural Pet Distributor’s customer base is a deep and important combination of several independent retailer networks, including some of the largest and fastest growing pet store chains in Canada, such as Global Pet Foods, Pet Valu, and Ren’s Pets Depot. In addition to central Ontario warehousing and distribution, Natural Pet Distributors provides passionate and knowledgeable sales members, providing EastWest’s pet products with invaluable professional exposure and recommendations throughout its large and committed pet store network.
Natural Pet Distributors will also represent EastWest Science at the invitation-only Global Pet Foods Annual General Meeting (AGM) in May. This is an important and widely attended gathering of Global Pets franchise partners and corporate store managers, used to learn about and source new and innovative products. NPD is excited to be introducing our Natural Pet Science products at this vital event.
“We are very excited to have received the first of what we believe will be many NPD orders of our popular hemp and cricket pet treats,” says Fanika Jovanovic Perika, EastWest’s Global Business Development Lead. “Natural Pet Distributors is a leader in the Canadian pet space and known to be a key partner behind the growth and success of many new Canadian products getting their start in the pet channels. Having our product represented at the Global Pets AGM by NPD is a very exciting opportunity for the continued growth of our Natural Pet Science family of products.”
EastWest’s hemp-based pet treat products under company brand Natural Pet Science (no relation to NPD) will be strategically launched throughout Natural Pet Distributors customer network throughout March 2019.
About Natural Pet Distributors
Founded in 2006 by Alexandra Wilcox, Natural Pet Distributors is a leader in the distribution of natural pet products and accessories for the health and well-being of all pets. Natural Pet Distributors located in Stoney Creek, ON, currently operates a 10,000sq. ft. warehouse with imminent plans to expand into an additional 10,000 sq. feet. Their commitment to the well-being of our pets has been the cornerstone of their continued growth and success. With a strong background in marketing, emerging trends, 4 passionate sales reps, and 2 trucks on the road on a regular basis, Natural Pet Distributors continues to grow as a trusted distributor of quality pet products. Together with her partner, Jerry, Alexandra has built the business on the value that “Your success is our success.”
About Natural Pet Science
Natural Pet Science is a hemp-based pet brand producing, manufacturing and distributing premium health products for cats and dogs. The brand continues to innovate and produce high-quality 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) ChanvreHemp – all-natural health and beauty 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
Co-Founder, Chief Executive Officer and Director
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CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the terms and conditions of the Acquisition. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.