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File: NR - Jan 5 2017 - Carlsbad Final.docx

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LAGUNA CONTINUES TO WORK TOWARDS A DEFINITIVE AGREEMENT WITH CARLSBAD  KELOWNA, BC - January 5, 2017 - Laguna Blends I
--->nc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) (the "Company" or "Laguna), announces the LOI for Laguna Blends Inc an
--->d Carlsbad Naturals, LLC dba CBD Naturals expired on Dec 31, 2016.  With new management coming into Laguna Blends, bot
--->h parties have agreed to new terms and conditions regarding the prior LOI.  A new agreement regarding this transaction
---> will be announced prior to January 13, 2017. 
Laguna Blends CEO Ray Grimm Jr stated, "Unfortunately, we were unable to get this deal completed under the original te
--->rms and conditions prior to year-end 2016.  However, we are working on new terms and conditions and look forward to co
--->mpleting the new agreement within the next 10 business days.  Laguna Blends is continuing to execute on our business p
--->lan by bringing new Hemp/CBD products to the market while evaluating potential acquisitions in this growing sector of 
--->the market."
 About Laguna Blends Inc. Laguna Blends is a market leader in the distribution of Hemp and CBD products. Lagunas growt
--->h 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 online marketplace.  It's Lagunas
---> intent to provide the highest quality hemp product experience for the end user, utilizing a proprietary nanotechnolog
--->y 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 intern
--->ational expansion into Asia and Europe in 2017.
ON BEHALF OF THE BOARD "Ray Grimm Jr" CEO, President & Director  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.