Laguna Continues to Work Towards a Definitive Agreement with Carlsbad

- January 5th, 2017

Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) (the “Company” or “Laguna), announces the LOI for Laguna Blends Inc and Carlsbad Naturals, LLC dba CBD Naturals expired on Dec 31, 2016. With new management coming into Laguna Blends, both parties have agreed to new terms and conditions regarding the prior LOI. A new agreement regarding this transaction will be announced prior to January 13, 2017.

Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) (the “Company” or “Laguna), announces the LOI for Laguna Blends Inc and Carlsbad Naturals, LLC dba CBD Naturals expired on Dec 31, 2016. With new management coming into Laguna Blends, both parties have agreed to new terms and conditions regarding the prior LOI. A new agreement regarding this transaction will be announced prior to January 13, 2017.

Laguna Blends CEO Ray Grimm Jr stated, “Unfortunately, we were unable to get this deal completed under the original terms and conditions prior to year-end 2016. However, we are working on new terms and conditions and look forward to completing the new agreement within the next 10 business days. Laguna Blends is continuing to execute on our business plan by bringing new Hemp/CBD products to the market while evaluating potential acquisitions in this growing sector of the market.”
About Laguna Blends Inc.
Laguna Blends is a market leader in the distribution of Hemp and CBD products. Lagunas growth strategy includes acquiring and incubating companies who formulate and or manufacture Hemp products. Laguna Blends markets Hemp products utilizing its B to B Network along with driving traffic to its online marketplace. It’s Lagunas intent to provide the highest quality hemp product experience for the end user, utilizing a proprietary nanotechnology in many of its consumable and topical skin care products.
Laguna is currently seeking joint ventures and acquisitions to expand its portfolio and will aggressively begin international expansion into Asia and Europe in 2017.
Click here to connect with Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) to receive an Investor Presentation.

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