Escondido, California--(Newsfile Corp. - April 7, 2017) - Laguna Blends Inc. (CSE: LAG) (OTC Pink: LAGBF) (FSE: LB6A) (the "Company" or "Laguna") announces that Martin Carleton has resigned from the Board of Directors.
Mr. Carleton was instrumental in the Plan of Arrangement transaction between Laguna Blends Inc. and Grenadier Resource Corp. including executing the founder's vision, evaluating new strategic opportunities and providing directional input on financings. The Company would like to thank Martin for his service and guidance in helping to transition the Company over the past two years.
Mr. Carleton has agreed to remain as a consultant to the Company in order to assist with the transition of the Company's new management team.
The Company has granted incentive stock options to purchase 3,800,000 shares at $0.15 per share for a two year period to consultants and officers of the Company.
About Laguna Blends Inc.
Laguna Blends is a market leader in the distribution of Hemp and CBD products. Laguna's growth strategy includes acquiring and incubating companies who formulate and or manufacture Hemp products. Laguna Blends markets Hemp products utilizing its B to B Network along with driving traffic to its Laguna Blends online marketplace.
It is Laguna's intent to provide the highest quality Hemp product experience for the end user, utilizing a proprietary nanotechnology in many of its consumable and topical skin care products. Laguna is currently seeking joint ventures and acquisitions to expand its portfolio and will aggressively begin international expansion into Asia and Europe in 2017.
ON BEHALF OF THE BOARD
"Ray Grimm Jr"
CEO, President & Director
COROPRATE MEDIA:
ir@lagunablends.com
www.lagunablends.com
https://cbdskincream.com/
Join Us On Face Book: https://www.facebook.com/LagunaBlends/
Twitter: @LagunaBlends
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Company's business, products and future the Company's business, its product offerings and plans for sales and marketing. Although the Company believes that the expectations reflected in the forward looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Such forward looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation, and does not intend, to update any forward looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward looking information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.
The CSE has not reviewed, approved or disapproved the content of this press release.
