Laguna Launches Sales for CBD Naturals Nano Infused Bottled Water

KELOWNA, BC – November 23, 2016 – Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) announces the launch of CBD Naturals bottled water to its network of affiliates. Laguna is currently selling the CBD Naturals water brand through its affiliate network in the USA. CBD Naturals is a brand name owned and operated by Carlsbad Naturals.
Carlsbad Naturals is the market leader in the distribution and sales of CBD Water. With its unique and proprietary way of infusing CBD’s though nanotechnology, Carlsbad is poised to remain the market leader.
Mr. Stuart Gray, Laguna’s CEO said, “With the growing awareness and market demand of CBD worldwide, Laguna is positioned to be a market leader in the sale of CBD bottled water. In addition to the current sales growth of Carlsbad, Laguna can increase sales further through its existing and expanding affiliate network.”
Mr. Ray Grimm, Laguna’s President stated, “The partnership with Carlsbad, firmly solidifies Laguna as a unique player in the crowded multibillion dollar bottled water industry. The team of Doctors that formulated the Carlsbad water did so with the sole purpose of creating a high alkaline water offering the benefits of CBD.  Many believe this to be the next evolution in the water industry, providing unique health benefits due to the proprietary nanotechnology.  Carlsbad CBD water provides antioxidants at the cellular level along with providing cellular hydration and energy.”
Laguna recently announced a letter of intent with Carlsbad Naturals CBD bottled water company to acquire 60% equity interest and exclusive licenses in Asia and Europe in a transaction valued at $1.8 MM USD. Laguna will first acquire 19% interest with an option to acquire an additional 41% interest. Laguna and Carlsbad anticipate finalizing the definitive agreement by December 10, 2016. Laguna will then have a 120-day option from the date of a signed definitive agreement to acquire an additional forty-one percent (41%) equity interest in Carlsbad.
Carlsbad is a market leader in the distribution and sales of nano-amplified CBD bottled water in the USA.  The Company has a proprietary process of incorporating CBD into its formulation.  Carlsbad Naturals has achieved unaudited sales in excess of $500,000 U.S. in its first year of business as of August 31, 2016.
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