KELOWNA, BC – August 11, 2016 – Laguna Blends (CSE:LAG; OTCMKTS:LAGBF; FRA:LB6A) is pleased to update the success and Pro Athlete brand strategy of “Pro369”, Laguna’s hemp protein, instant, functional beverage.
Laguna introduced Pro369 in April of 2016 and has processed 100’s of orders per month to independent affiliates throughout the USA and Canada since the product was introduced. On June 14th 2016 Laguna had reported it had beat its internal projections for the first 11 weeks of sales. This was combined sales from March 7, 2016, ending May 2016 and included both products; “Pro369” and “Caffe”, Laguna’s protein coffee.
Laguna recently announced the renewal of Canadian Football League Pro, Emmanuel Arceneaux as a brand ambassador for Laguna’s Pro369 for the second year. In addition, Laguna is currently in negotiations with other professional athletes in the USA and Canada who see the health benefits of Laguna products such as Pro369.
Naturally Splendid Enterprises Ltd. “Naturally Splendid” or “NSE” (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) provided the research and development of all four of the flavours of Pro369. In addition, Laguna and NSE entered into a manufacturing agreement for Pro369.
Emmanuel Arceneaux, BC Lions, CFL Football Pro said, “Since I have been consuming the Pro369 product I have noticed a significant improvement in my work outs and overall game play. As a professional athlete I only consume the best quality nutritional products available in the Industry. I can validate Pro369 is the best quality hemp protein product in the market today.”
Naturally Splendid CEO Mr. Craig Goodwin states, “Laguna Blends is building a team of industry experts. We are excited to be a part of this team and look forward to providing Laguna Blends and their customers with a superior protein blend formulated with our HempOmega® technology. Laguna is the first Network Marketing Company to have access to this HempOmega® technology, which is a finalist for the prestigious NutraIngredients Awards in the category of Start-up Ingredient of the Year.”
Mr. Ray Grimm, Laguna Blends Inc. President, said, “Pro369 was a strategic product introduction to our affiliates. Pro369 is a world-class product that contains hemp, omegas and ginseng. Pro369 has put Laguna in a league of its own for a quality hemp protein product that includes efficacious ingredients. There has been positive feedback from affiliates on the quality, taste and solubility of the product. Over the next several of months Laguna will be evaluating the next order size for Pro369. Laguna will also be considering the introduction of Pro369 tubs for its affiliates in addition to the single serving packages.“
CanBud Distribution Corporation Closes 2M Second and Final Tranche of its Oversubscribed Private Placement Offering
CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“CanBud” or the “Corporation”) is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement for aggregate gross proceeds of approximately $4,730,000 (the “Offering”).
The Corporation issued a combined total of 39,409,346 units (each a “Unit“) at price of $0.12 per Unit, with each Unit comprised of one common share in the capital of the Corporation (each a “Common Share“) and one common share purchase warrant (each a “Warrant“). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.22 within 24 months of the closing of the Offering (the “Warrant Term“), provided, however that if the closing price of the Common Shares on the Canadian Securities Exchange (the “CSE“) (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) is $0.25 or greater per Common Share for a period of five (5) consecutive trading days at any time after the closing date of the Offering, the Corporation may accelerate the Warrant Term such that the Warrants shall expire on the date which is 30 days following the date a press release is issued by the Corporation announcing the reduced warrant terms.
Thoughtful Brands Inc. (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands) announces that the letter of intent with Franchise Cannabis Corp. (“FCC”), previously announced in January, has been terminated. The previously announced European joint venture with FCC will continue and allow the Company to launch and tailor its products to European consumer demands
In connection with termination of the merger transaction with FCC, the Company has agreed to pay FCC $100,000 in cash and to issue FCC 5,000,000 common shares of the Company at a deemed value of $0.05 per share. The common shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.
Mergers and acquisitions (M&A) in cannabis space have helped boost the industry to new levels.
Strategic sale of non-core assets by Lobe adds non-dilutive capital and shareholder value
Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) is pleased to announce, further to its press release dated February 23, 2021, that it has completed the sale to Ionic Brands Corp. (“Ionic Brands”) of Lobe’s non-core cannabis assets relating to Washington-based Cowlitz County Cannabis Cultivation Inc. (“Cowlitz”) held by Lobe’s subsidiary vendor, Green Star Biosciences Inc. (the “Transaction”).
Seattle Area Grocery Chain Metropolitan Market to Begin Carrying KOIOS and Fit Soda on March 22, 2021
Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State.
Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that beginning on Monday, March 22, 2021, Koios’ entire line of canned beverage products will be sold at all locations of Metropolitan Market, an urban format supermarket chain in the Seattle-Tacoma area of Washington State. In Q1 2021, the Company announced multiple placements of its beverage products with regional grocers in markets on the west coast of the United States including Market of Choice in Oregon Jensen’s in Southern California and major natural grocery chain Sprouts Farmers Market which has a substantial west coast presence with over one third of its locations (360+ stores across 23 states) in California as well as Washington State 1 . The Company has also recently announced other developments relating to its expansion efforts being undertaken in 2021 such as an in-house beverage canning facility and distribution agreements with regional and national wholesale partners.