Laguna Blends, Inc. (CSE: LAG) (LB6A.F) (OTC: LAGBF) Positio Laguna Blends, Inc. (CSE: LAG) (LB6A.F) (OTC: LAGBF) Positioning Itself for Multi-Industry Growth
Laguna Blends, Inc. (CSE: LAG) (FSE: LB6A.F) (OTC: LAGBF), the network marketing company focused on the nutritional health benefits of hemp, has positioned itself strategically to grow within a multitude of markets across the U.S. and Canada. The main markets currently using hemp in their products include health foods, functional foods, natural body care and cosmetics, and veterinary markets. Although Laguna is set to grow within the hemp market, through the commercialization of its current products, the company is also tapping into the coffee and health markets.
Coffee is one of the most consumed beverages across the world. With more than two million cups of coffee being consumed on a daily basis, it is no wonder that LAGBF thought it an appropriate market when it launched its protein coffee: Caffe, made up of whey and hemp protein. Aside from being one of the world’s favored beverages, coffee is also the second most traded commodity worldwide, and the single cup serving market has continued to grow every year. This steady growth enables Laguna’s affiliates to sell a globally popular product, but with the added benefits of hemp.
The wellness-health industry often has blurred lines among its consumers. It’s a market that focuses on the overall physical and mental well-being of a person, not just on curing an illness. This industry encompasses the ongoing maintenance and improvement of one’s health. In order to enter into the health market, Laguna integrated itself into the protein industry with Pro369, an infused-blend functional beverage made of HempOmega®, hemp protein, and ginseng. This formula comes in four flavors and can be mixed with drinks, allowing consumers to boost their omegas 3 and 6 while introducing essential amino acids and ‘good’ fatty acids into their diets.
Laguna’s quest has not stopped there. Most recently, the company announced positive results from its clinical trial data of Cannaceuticals’ CBD facial serum. Laguna has also signed a non-binding letter-of-intent with CannaCeuticals of California (“Canna”) in order for both parties to mutually benefit from the business opportunities involved in the cannabidiol skin care industry. According to MarketResearch.com (https://nnw.fm/D7Lgp), the U.S. skincare industry is expected to reach $10.7 billion by 2018. Not only this, MarketResearch.com also found that one of the main driving forces for this growth will be the demand for natural and organic products. As a result, Laguna will be able to enter yet another industry within the health market: skincare.
In a recent news release, Stuart Grey, CEO and founder of Laguna Blends, Inc., had this to say: “Canna has spent a tremendous amount of time and financial resources to create what we believe is the highest quality CBD skin care line available on the market today. By combining the known benefits of CBD’s into a skin care product, we anticipate that Laguna is poised to become a direct sales leader in the skincare industry. By offering the Cannaceuticals skin care line of products to our affiliates, the Company anticipates an increase in product sales and recruitment of new affiliates.”
For more information, visit www.lagunablends.com
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