Laguna Blends, Inc. (CSE:
LAG) (OTC: LAGBF) (FRANKFURT: LB6A.F) has seen a promising start to 2016. It
started with the announcement of a partnership with Naturally Splendid (“NSE”)
to do the research and development on all the Pro369 flavors. This was shortly
followed by the potential introduction of CBD skin care products into the
company’s line of merchandise.
A few months later, Laguna
made public its affiliate benefits program, with two new competitions that
involve giving away three 2017 Tesla (NASDAQ: TSLA) S’s and a luxurious Las
Vegas Getaway. In addition, the company renewed Canadian Football League All
Star Emmanuel Arceneaux as its brand ambassador. To top off this successful
start to the year, the company announced that it generated $105,000 in
unaudited sales in just 11 weeks following the launch of its affiliate
marketing network.
Another change was the
introduction of a new president: Ray Grimm Jr. Laguna also recently added
another valuable member to its team. At the beginning of August, Laguna Blends
made public the appointment of Bryan Loree as chief financial officer,
corporate secretary, and a new member of its board of directors.
Loree will be replacing two
members of staff: Stuart Gray, acting chief financial officer, and Negar Adam,
corporate secretary and director. Loree has over 10 years of experience in the
accounting, financing, and management fields. However, Laguna’s August news did
not stop there. The next day, the company acquired exclusive distribution
rights for Swiss-made CBD skin care products. Although the foundations were in
place for Laguna to be tapping into the skincare market, this had not been
fully confirmed. Laguna has now entered into an agreement with ISO
International, LLC, through which it has acquired the exclusive rights to
market, promote, and distribute seven different cannabidiol (CBD) products,
produced by Cannaceuticals of California. The CBD products will be incorporated
into Laguna’s established affiliate marketing network.
Last but not least for the
month of August, Naturally Splendid gave a public update on Laguna Blends’
Pro369 hemp protein growth and pro athlete brand strategy. Laguna and NSE
previously entered into a manufacturing agreement for Pro369 after Laguna
declared that it had beaten its sales projections for the first 11 weeks of
sales. Today, Laguna is negotiating with a collection of professional athletes
in the U.S. and Canada who see the benefits of hemp protein.
For more information, visit
www.lagunablends.com
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