Laguna Blends Inc fka CNSX:LAG

[peedeeheenee]

Laguna Blends: Video News Alert on InvestmentPitch.com

http://www.newsfilecorp.com/release/17420#.VgWNEKN5mK3



Laguna Blends, Newly Listed on the CSE, Receives Product License for its Pro369 Hemp-based Tropical Powder from Health Canada - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2015) - Laguna Blends Inc. (CSE: LAG), newly listed on the Canadian Securities Exchange, received a Product License for its Pro369 hemp-based tropical powder from the Canadian Minister of Health. Pro689, considered a health industry product, is one of the first hemp flavoured products approved for sale in Canada.

InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Laguna" in the search box.


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http://www.investmentpitch.com/video/0_twnxcjzo/Laguna-Blends-Inc-CSE-LAG-New-Listing

The company is focused on the nutritional health benefits derived from hemp, and intends to generate retail sales through independent affiliates.

The first products to be launched are expected to be functional beverages that provide high levels of protein and/or nutrition. One of the company's current products is hemp coffee, which contains both whey and hemp protein.

The company also plans to market a variety of unique single serving "on-the-go" hemp protein mixes in various flavours. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk, or if you choose, blend them in a shake with fruit.

Stuart Gray, President & CEO stated: "This is a great step forward for us at Laguna. Having our first approved by Health Canada gives us the confidence and knowledge to go out and pursue other products. The hemp space is a growing industry that we anticipate on penetrating one product at a time and I'm excited to see how well this product sells through our distribution network of affiliate distributors in the USA and Canada."

The company has 44.5 million shares outstanding, with 7.5 million subject to escrow, and another 20.16 million shares in a voluntary pooling agreement. With the shares trading at $0.31, the company is capitalized at $13.8 million.

The company has announced a non-brokered private placement and is planning to raise up to $1 million through the issuance of up to 3.6 million units at a price of $0.28 per unit. Each unit consists of 1 share and 1 warrant, with the warrant exercisable at $0.50 for two years, subject to an acceleration provision should the shares trade at $0.60 or more for 20 consecutive trading days.

For more information, please visit the company's website www.lagunablends.com, or contact Stuart Gray, President & CEO at 250-868-0787 or email [e-mail].