EastWest Bioscience continues global expansion through a distribution agreement with New Zealand Hemp Brokers
Vancouver, BC / June 18th, 2019 / EastWest Bioscience(the “Company” or “EastWest”) (TSX.V: EAST) announces that it has
signed a distributor agreement with New Zealand Hemp Brokers (NZHB) (www.nzhempbrokers.com), a leading wholesaler and
New Zealand’s only specialist Hemp Broker with reach into important key markets in New Zealand, Australia, and Asia.
NZHB are experts in the distribution, import and export of industrial hemp (iHemp) and hemp products. EastWest will
begin shipping Earth’s Menu, Natural Pet Science, Chanvre Hemp and Natural Advancement products within the next 2 months
with plans to ship CBD products, currently in various stages of formulation and manufacturing, from the United States.
“Partnering with NZHB allows for a strategic opportunity to grow EastWest brands and sales throughout key markets that
align with our global expansion strategy. As demand of Hemp and CBD products continues to grow, NZHB’s expertise in the
space and extensive international reach position EastWest for solid growth in New Zealand, Australia, and South East
Asia.” says Rodney Gelineau, CEO.
About EastWest Bioscience Group
EastWest Bioscience is a vertically-integrated wellness company with the infrastructure to become a global giant in the
Hemp & CBD consumer health market. Since it was founded in 2016, EastWest continues to grow as a high-quality producer,
manufacturer and distributor of multiple lines of premium health and hemp products. EastWest currently has more than
200+ NPN’s in its stable of products.
EastWest’s 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.
In Canada, EastWest has a 34,000 Sq. Ft, Health Canada-licensed, GMP (Good Manufacturing Practices) – certified
manufacturing facility and produces premium nutraceutical brands, offering natural products for a preventive care
lifestyle. EastWest and Benchmark Botanicals (BBT-CSE) also have a Joint Venture Intent to accelerate acquisition of
Processor, Analytical and Research and Development licenses under the Cannabis Act in EastWest’s Penticton facility.
These three classes of the Cannabis Act license will allow Benchmark and EastWest to build out an extensive extraction,
laboratory, and research facility at EastWest’s Health Canada Certified facility.
In the USA, EastWest USA has entered into a Joint Venture with Azema Sciences, securing for EastWest first rights on
Azema’s output of bulk CBD and finished CBD products manufactured, and which are ready for sale in the USA and globally.
EastWest Science USA (“EastWest USA”), EastWest’s US operating division, will be the preferred distributor for Azema’s
finished goods. These finished products will include CBD creams, tinctures and salves which are products not currently
in EastWest’s catalogue. Additionally, EastWest will have first right of refusal to all potential opportunities relating
to Azema’s Kentucky based CBD processing facility. EastWest currently has TSX Approval for sale of its consumer products
in 21 US States.
About New Zealand Hemp Brokers
NZ Hemp Brokers was established by Chris Woodney with the goal of growing New Zealand’s industrial hemp (iHemp) industry
and linking licensed local growers and manufacturers with trusted international buyers.
We share your passion for hemp’s time-honoured agricultural tradition and the positive difference it can make as a
sustainable farming crop, nutrient-rich food source, and highly versatile fibre for construction, clothing and myriad
other textile uses.
From our headquarters in Rotorua, New Zealand, we have quickly grown to become one of the country’s most trusted
industrial hemp wholesalers and New Zealand’s only import/export broker specialising in hemp products.
We work closely with partner company Kākāriki Hemp Processing and Far North Hemp to provide a one-stop shop for people
involved in industrial hemp growing, harvesting, processing and exporting. Our ‘seed to sale’ approach means we are
involved in all stages of the production process and using all parts of the hemp plant, from the roots to the tip.
We offer consultancy services, processing advice and machinery, brokerage to link growers and manufacturers with our
extensive international network, and workshops for people interested in hemp as a sustainable and high-value crop. Our
online store stocks a growing range of hemp products, from hemp balm and seeds to stock feed and pet food.
NZ Hemp Brokers is licensed by the Ministry of Health to grow, trade in and process industrial hemp. We are registered
brokers and are certified in hemp medicine by the NZ Hemp Foundation. Our operations are environmentally sustainable and
permitted under New Zealand law.
ends