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File: NR - 12 13 2016 - CBDN LOI extension final.docx

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Laguna Extends Letter Of Intent with  Carlsbad Naturals CBD Bottled Water Company   KELOWNA, BC - December 14, 2016 - 
--->Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) (the "Company" or "Laguna), has extended the deadline a
--->ssociated with the letter of intent (the "LOI") with Carlsbad Naturals ("Carlsbad") dated October 10, 2016, pursuant t
--->o which Laguna and Carlsbad plan to enter into an equity acquisition and exclusive licence agreement for the purpose o
--->f pursuing mutually beneficial business opportunities in the Cannabidiol (CBD) bottled water Industry and CBD ingestib
--->le products Industry. Laguna and Carlsbad anticipate finalizing the definitive Agreement by December 31, 2016. All oth
--->er terms of the LOI remain the same. 
About Carlsbad Naturals  Created by a team of doctors, Carlsbad Naturals brings cutting edge science to deliver nutrie
--->nts and hydration in an effective way, naturally and responsibly.  Applying quantum physics, our nanotechnology succes
--->sfully increases the surface area of each substance we put in our water, so that less is much more.   Carlsbad Natural
--->s is a market leader in the distribution and sales of CBD Water. With its unique and proprietary way of infusing CBD's
---> though nanotechnology Carlsbad is poised to remain the market leader.   We at Carlsbad Naturals are committed to prov
--->iding the highest quality products for our customers. This is why we work with Solar Raintrademark, a company in Calif
--->ornia with the same high standards, not only for the products they make but also their strong belief in preserving our
---> planet by their use of sustainable and renewable resources.   For more information about Carlsbad Naturals, go to  ww
--->w.cbdnaturals.com    For more information about Solar Rain, go to www.SolarRainWatery.com    About Laguna Blends Inc. 
--->Laguna Blends is a market leader in the distribution of Hemp and CBD products. Lagunas growth strategy includes acquir
--->ing and incubating companies who formulate and or manufacture Hemp products.  Laguna Blends markets Hemp products util
--->izing its B to B Network along with driving traffic to its online marketplace.  It's Lagunas intent to provide the hig
--->hest quality hemp product experience for the end user, utilizing a proprietary nanotechnology in many of its consumabl
--->e and topical skin care products.
Laguna is currently seeking joint ventures and acquisitions to expand its portfolio and will aggressively begin intern
--->ational expansion into Asia and Europe in 2017.
ON BEHALF OF THE BOARD "Ray Grimm" President   CORPORATE COMMUNICATIONS: Howe & Bay Suite 600 - 535 Howe St. Vancouver
---> BC V6C 2Z4 1.604.449.5302
COMPANY: Laguna Blends ir@lagunablends.com www.lagunablends.com https://cbdskincream.com/   Join Us On Face Book: http
--->s://www.facebook.com/LagunaBlends/ Twitter: @LagunaBlends  Forward-Looking Information: This news release contains "fo
--->rward-looking information" within the meaning of applicable securities laws relating to statements regarding the Compa
--->ny's business, products and future the Company's business, its product offerings and plans for sales and marketing. Al
--->though the Company believes that the expectations reflected in the forward looking information are reasonable, there c
--->an 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 dependin
--->g on, among other things, the risks that the Company's products and plan will vary from those stated in this news rele
--->ase and the Company may not be able to carry out its business plans as expected. Except as required by law, the Compan
--->y 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 lookin
--->g information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no r
--->eference to profitability based on sales reported. The statements in this news release are made as of the date of this
---> release.