Now that Laguna Blends (CSE: LAG) (OTC: LAGBF) (FRANKFURT: LB6A.F) has signed a distribution agreement with ISO International, LLC to promote and distribute seven CannaCeuticals (“Canna”) cannabidiol (CBD) skin care products, the Canadian-based network marketing company is taking its winning ways into the billion dollar aesthetics industry. Canna is a Swiss brand of skincare products based on cosmeceutical-grade CBD. Under the deal, Laguna Blends will pay a one-time license fee of USD 100,000 and commit to purchasing USD 1.5 million worth of product at wholesale prices over the first two years of the agreement.
The company will harness the extensive reach of its affiliate-marketing network to market the Canna skincare line in the U.S., and, after regulatory approval is obtained, plans to market the line in Canada, Asia, Europe and Mexico.
Clinical trials conducted early last year on CBD7 serum, the active ingredient in the Canna skincare line, yielded positive results. The regenerative microencapsulated time-released therapy ‘blurs the appearance of fine lines and wrinkles in 7 – 14 days’ and ‘significantly improves the texture of skin’, the report, undertaken by BioScreen® Testing Services, Inc., concluded.
The product under test, one ounce Facial Serum CBD, ‘provided the following statistically significant improvements after 14 days of… use’. There was a ‘12.74% improvement in skin texture’; ‘80.95% of subjects demonstrated an improvement in skin texture’; there was a ‘7.40% improvement in the appearance of fine lines and wrinkles of the mouth area’; and ‘80.95% of subjects demonstrated an improvement in the appearance of fine lines and wrinkles of the mouth area’. These were encouraging outcomes, which have not gone unnoticed. The widely-circulated...
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