- CEO
- Rodney Gelineau
- Sector
- Healthcare
- Industry
- Medical - Pharmaceuticals
- Address
- 260 Okanagan Avenue East Vancouver BC Canada V2A 3J8
- IPO Date
- Aug 25, 2023
- Business
- EastWest Bioscience Inc. (TSXV:EAST, OTCQB:HBOSF) operates as a vertically integrated wellness company focused on the manufacture, marketing, and distribution of hemp-based nutritional products and natural health supplements for humans and pets. The company offers core products including hemp-derived CBD items such as tinctures, creams, salves, and bulk CBD; natural biopharmaceutical health supplements under the Natural Advancement brand; pet nutrition products under the Natural Pet Science brand; and additional consumer lines like Earth's Menu and other nutraceuticals encompassing vitamins, minerals, herbs, proteins, and organic body care items, with custom blending, co-packing, and production services through its Health Canada-licensed, GMP-certified manufacturing facility. It serves retail chains, distributors, and consumers targeting preventive health lifestyles. Founded in 2016 and headquartered in Penticton, British Columbia, Canada, with prior operations linked to Richmond, British Columbia, EastWest Bioscience conducts business primarily in Canada and the United States, with distribution extending to New Zealand, Australia, and Asia. Recent developments include the grant of stock options and debt settlements to support operations as of 2021-2022 filings; a mortgage financing maturing December 31, 2025; and ongoing pursuits of processor, analytical, research licenses via joint venture intent with Benchmark Botanicals, alongside US joint ventures with Azema Sciences for CBD supply and distribution partnerships like Rise North America, positioning the company for expanded hemp and CBD market penetration.