Vancouver, British Columbia (FSCwire) - EastWest BioScience Group (the “Company” or “EastWest”) (TSX.V: EAST) is excited to announce 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.  The consultants will be engaged on a month to month basis and will be granted an aggregate 975,000 options to acquire common shares of the Company, each such option being exercisable at a price of C$0.15 per common share for a two-year term expiring on August 26, 2018. The stock options will vest over a 9 month period with 25% vested immediately and a further 25% on each of the subsequent 3 month periods. The stock options, and any common shares issued upon exercise of the stock options, are subject to a four-month hold period expiring on December 27, 2018.

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 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 [email protected].

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.

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