03:03:08 EDT Mon 06 May 2024
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or Name
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Laguna Blends Inc (2)
Symbol LAG
Shares Issued 25,879,782
Close 2016-12-16 C$ 0.17
Market Cap C$ 4,399,563
Recent Sedar Documents

Laguna Blends CEO, director Gray makes way for Grimm

2016-12-16 17:54 ET - News Release

Mr. Ray Grimm reports

LAGUNA APPOINTS RAY GRIMM JR. AS CHIEF EXECUTIVE OFFICER AND DIRECTOR

Further to the news release dated Dec. 12, 2016, Stuart Gray has resigned as chief executive officer and director of the company. Ray Grimm Jr. has been appointed as chief executive officer and will join the board of directors, effective immediately.

"The company thanks Stuart Gray for his initial services and assistance during the past 14.5 months. It's my intent to carry out his initial vision as the health and wellness benefits of hemp and CBD products gain mass-market awareness. There is a significant growth opportunity for Laguna Blends as we implement our new marketing strategies in early 2017," stated Mr. Grimm.

About Laguna Blends

Laguna's growth strategy includes acquiring and incubating companies which formulate and/or manufacture hemp products. Laguna Blends markets hemp products utilizing its B to B network, along with driving traffic to its on-line 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.

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