Laguna will be subleasing space to Carlsbad Naturals LLC, for additional bottled water storage and distribution. Laguna and Carlsbad intend to take advantage of co-working together by sharing certain office personnel as the companies continue growing the CBD water market.
Ray Grimm, President & CEO of Laguna Blends, states: “This is a strategic move to have an office and a warehouse combined with Carlsbad. Combining personnel and distribution resources will allow both companies to operate more efficiently. Having the creative and communications team working together with both companies will create the synergy needed to explode the branding efforts of each Company.”
The Company would also like to announce it has agreed to extinguish a total of $330,000 of debt relating to loans from an arm’s-length party by issuing 2.2 million common shares of the corporation at a deemed price of 15 cents per share.
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 Club 8 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.
About Carlsbad Naturals LLC – CBD Bottled Water
Created by a team of doctors, Carlsbad Naturals brings cutting edge science to deliver nutrients and hydration in an effective way, naturally and responsibly. Applying quantum physics, our nanotechnology successfully increases the surface area of each substance we put in our water, so that less is much more. Carlsbad Naturals is a market leader in the distribution and sales of CBD Water using its unique and proprietary process of infusing CBD’s though nanotechnology. For more information about Carlsbad Naturals, please go to www.cbdnaturals.com
Click here to connect with Laguna Blends (CSE:LAG; OTCMKTS:LAGBF; FRA:LB6A) to receive an Investor Presentation.
Laguna Opens Office and Distribution Center in Escondido, CA
Feb. 01, 2017 07:45AM PST
Biotech Investing
Laguna Blends (CSE:LAG; OTCMKTS:LAGBF; FRA:LB6A) is pleased to announce that it has opened its Southern California office and distribution center in Escondido, California. The 13,916-sq. ft. office and warehouse allows Laguna to successfully expand its B to B and online sales business within the US and Canada. This facility is conveniently located adjacent to the I-78 and I- 15 Freeways allowing easy access to San Diego, Los Angeles, Orange and Riverside Counties.
Laguna Blends (CSE:LAG; OTCMKTS:LAGBF; FRA:LB6A) is pleased to announce that it has opened its Southern California office and distribution center in Escondido, California. The 13,916-sq. ft. office and warehouse allows Laguna to successfully expand its B to B and online sales business within the US and Canada. This facility is conveniently located adjacent to the I-78 and I- 15 Freeways allowing easy access to San Diego, Los Angeles, Orange and Riverside Counties.