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File: LAG News - Feb 01 17 Opens Office and Distribution Center final.docx
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Laguna Opens Office and Distribution Center in Escondido, CA
February 01, 2017 - Escondido, CA - Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) (the "Company" or "
--->Laguna") is pleased to announce that it has opened its Southern California office and distribution center in Escondido
--->, California. The 13,916-sq. ft. office and warehouse allows Laguna to successfully expand its B to B and online sale
--->s business within the US and Canada. This facility is conveniently located adjacent to the I-78 and I- 15 Freeways a
--->llowing easy access to San Diego, Los Angeles, Orange and Riverside Counties. Laguna will be subleasing space to Carl
--->sbad Naturals LLC, for additional bottled water storage and distribution. Laguna and Carlsbad intend to take advantag
--->e of co-working together by sharing certain office personnel as the companies continue growing the CBD water market.
---> Ray Grimm, President & CEO of Laguna Blends, states: "This is a strategic move to have an office and a warehouse comb
--->ined with Carlsbad. Combining personnel and distribution resources will allow both companies to operate more efficien
--->tly. Having the creative and communications team working together with both companies will create the synergy needed
--->to explode the branding efforts of each Company."
The Company would also like to announce it has agreed to extinguish a total of $330,000 of debt relating to loans from
---> an arm's-length party by issuing 2.2 million common shares of the corporation at a deemed price of 15 cents per share
--->.
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 utili
--->zing its B to B Network along with driving traffic to its Club 8 online marketplace. It's Lagunas intent to provide th
--->e highest quality hemp product experience for the end user, utilizing a proprietary nanotechnology in many of its cons
--->umable and topical skin care products. Laguna is currently seeking joint ventures and acquisitions to expand its portf
--->olio and will aggressively begin international expansion into Asia and Europe in 2017. About Carlsbad Naturals LLC -
--->CBD Bottled Water
Created by a team of doctors, Carlsbad Naturals brings cutting edge science to deliver nutrients and hydration in an e
--->ffective way, naturally and responsibly. Applying quantum physics, our nanotechnology successfully increases the surfa
--->ce area of each substance we put in our water, so that less is much more. Carlsbad Naturals is a market leader in the
--->distribution and sales of CBD Water using its unique and proprietary process of infusing CBD's though nanotechnology.
--->For more information about Carlsbad Naturals, please go to www.cbdnaturals.com
ON BEHALF OF THE BOARD "Ray Grimm Jr" CEO, President & Director CORPORATE COMMUNICATIONS: Howe & Bay Financial: 604-4
--->49-5302
COROPRATE MEDIA:
ir@lagunablends.com www.lagunablends.com https://cbdskincream.com/ Join Us On Face Book: https://www.facebook.com/L
--->agunaBlends/
Twitter: @LagunaBlends
Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicabl
--->e 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 reflecte
--->d 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 state
--->ments are subject to risks and uncertainties that may cause actual results, performance and developments to differ mat
--->erially from those contemplated by these statements depending on, among other things, the risks that the Company's pro
--->ducts and plan will vary from those stated in this news release and the Company may not be able to carry out its busin
--->ess 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 be
--->lieves that the expectations reflected in the forward looking information are reasonable, there can be no assurance th
--->at such expectations will prove to be correct and makes no reference to profitability based on sales reported. The sta
--->tements in this news release are made as of the date of this release.
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