Monday, May 2, 2016

Laguna Blends, Inc. (LAGBF) Strengthens Management Team with Introduction of Ray Grimm Jr. as New President

Before the opening bell, Laguna Blends, Inc. (OTC: LAGBF) announced the appointment of Ray W. Grimm Jr. as its new president, replacing Stuart Gray. Gray will continue to hold the positions of chief executive officer, chief financial officer and director. Grimm has worked with Laguna as a consultant since January, and his experience, leadership and credibility are expected to play a key role in the company’s ongoing efforts to expand its network of independent affiliates by attracting dedicated network marketing professionals.

“I am excited to be a part of Laguna Blends’ executive team,” Grimm stated in this morning’s news release. “My focus will be to assist in building the culture, bring in new business builders, assist in product development and help generate sales growth over the next 5 years as we establish the Laguna Blends brand worldwide. My near term goal for Laguna Blends is having the Company become one of the Network Marketing Industry’s top 100 Companies.”

In total, Grimm brings more than a quarter century of experience building some of the world’s leading direct sales businesses targeting nutritional and weight loss categories. Notably, in 2011, he created and co-founded a weight loss brand that produced roughly $10 million in sales during its first year of operation, positioning it as one of the fastest growing weight loss brands in history. Grimm is also credited with building a number of additional multimillion dollar businesses in the sector, including three that topped $50 million in sales within their first five years. With a proven track record of success in the direct sales industry and extensive experience in managing operations, sales, training and marketing of fast-growing businesses, Grimm’s presence on the Laguna management team is expected to help drive the company’s innovative, affiliate-based sales model to new heights.

“It’s been a pleasure working closely with Ray as a consultant and advisory to Laguna the past three months,” Stuart Gray, CEO of Laguna Blends, stated in this morning’s news release. “Ray brings vast experience, leadership and credibility to Laguna and has already attracted Network Marketing professionals whom have joined the Laguna business as Affiliates.”

Since its initial launch in early March of this year, Laguna’s affiliate network has exceeded all growth projections by attracting independent affiliates from all corners of the United States and Canada. Last month, the company reported that its network had grown to include more than 700 affiliates focused exclusively on generating retail sales of its initial products to market, Caffe and Pro369. Both Caffe, an instant hot coffee beverage, and Pro369, an instant hemp protein powder, capitalize on the nutritional health benefits derived from hemp while also targeting the expansive coffee and sports nutrition markets.

For more information, visit www.lagunablends.com

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