Eastside Receives First Distributor Order for “Outlandish” CBD Beverages

Eastside Distilling, Inc. (NASDAQ: EAST) today announced it has received
its first purchase order for its all-new Outlandish CBD-based beverage.
The initial order of the Outlandish 24-pack format, targeted for “on
premise” sale and consumption, was placed by Point Blank Distributing
for the Outlandish CBD Seltzer and will be sold only in Oregon. The
24-pack is specifically designed for bars, restaurants and other
accounts that already sell large volumes of seltzer and other mixer
products to their patrons and is intended to expose Outlandish to as
many consumers as soon as possible.

Robert Manfredonia, President of Eastside Distilling, commented, “It is
always exciting to get the first purchase order for a new product and we
are proud to receive this one from Point Blank. Following a recent
successful sampling campaign, we moved to commercial production. Point
Blank will be receiving product and quickly delivering it into the local
market so Oregon consumers can begin experiencing the Outlandish
product.”

The Outlandish beverages, formulated by Eastside’s award-winning master
distiller, Mel Heim, include CBD and can be used as a “mixer” in
uniquely designed drinks (limited only by imagination) or consumed
entirely on their own. The Outlandish lineup of ready-to-drink (RTD)
cans will initially include three primary products: a seltzer-based, a
ginger-based, and a quinine-based tonic with further line extensions
planned. Outlandish beverages are believed to be the first CBD beverage
produced in a 187 ml slim line can.

Outlandish and Eastside Distilling make no claims to health benefits of
CBD. We encourage all our customers to do research of their own.
Although the 2018 Farm Bill legalized industrial hemp-based products
containing CBD, the US FDA is considering proposed regulation of CBD and
other hemp-based products sold in interstate commerce. Outlandish
beverages are strictly limited to sale only within the state of Oregon
and are intended to comply with applicable regulations in Oregon, which
legalized industrial hemp products in 2014.

About Eastside Distilling

Eastside Distilling, Inc. (NASDAQ: EAST) has been producing
high-quality, award-winning craft spirits in Portland, Oregon since
2008. The company is distinguished by its highly decorated product
lineup that includes Redneck Riviera Whiskey, Burnside Bourbon, West End
American Whiskey, Goose Hollow Reserve, Below Deck Rums, Portland Potato
Vodka, Hue-Hue Coffee Rum and a distinctive line of fruit infused
spirits. Eastside Distilling is majority owner of Big Bottom Distilling
(makers of The Ninety One Gin, Navy Strength Gin and Delta Rye whiskey)
and the Redneck Riviera Whiskey Co. All Eastside, Big Bottom and Redneck
Riviera spirits are crafted from natural ingredients for quality and
taste. Eastside’s Craft Bottling + Canning subsidiary is one of the
Northwest’s leading independent spirit bottlers and ready-to-drink
canners. The Company also owns Outlandish Beverages LLC, an Oregon LLC
for making and selling products that don't have alcohol, but include
ingredients such as CBD. For more information visit: www.eastsidedistilling.com
or follow the company on Twitter
and Facebook.

Important Cautions Regarding Forward-Looking Statements

Certain matters discussed in this press release may be forward-looking
statements. Such matters involve risks and uncertainties that may cause
actual results to differ materially, including the following: changes in
economic conditions; general competitive factors; acceptance of the
Company's products in the market; the Company's success in obtaining new
customers; the Company's success in product development; the Company's
ability to execute its business model and strategic plans; the Company's
success in integrating acquired entities and assets, and all the risks
and related information described from time to time in the Company's
filings with the Securities and Exchange Commission (“SEC”), including
the financial statements and related information contained in the
Company's Annual Report on Form 10-K and interim Quarterly Reports on
Form 10-Q. Examples of forward-looking statements in this release may
include statements related to our strategic focus, product verticals,
anticipated revenue, and profitability. The Company assumes no
obligation to update the cautionary information in this release.

Certain matters discussed in this press release may be forward-looking
statements, including those related to: plans for distributing, and the
success of, the Outlandish products; adding additional product lines and
product launches; actions or positions of the FDA; the regulatory
environment for CBD; consumer acceptance of CBD; and the potential for
the Company‘s products. Such matters involve risks and uncertainties
that may cause actual results to differ materially, including the
following: Actions or positions the FDA or other regulators may take in
conflict with our product launch and plans; unanticipated enforcement
action; lack of acceptance of the Company's products by consumers;
failure of the CBD market to grow; changes in regulations; lack of
regulatory approval of CBD on a nationwide basis; the Company's success
in product development; the Company's ability to execute its plans; and
all the risks and related information described from time to time in the
Company's filings with the Securities and Exchange Commission (“SEC”).

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