August Proves to be a Month Full of Activity for Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F)
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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