Isodiol International Inc (ISOLF)

[easymoneylucy]

$LAGBF earned marketing rights! Isodiol's Hemp CBD Fuels Laguna Blends Acquisition of 60% of CBD Naturals Bottled Water, VitaDots Marketing Rights Valued at $1.8MM USD

http://finance.yahoo.com/news/isodiols-hemp-cbd-fuels-Laguna-130000618.html

CARLSBAD, Calif., Oct. 17, 2016 /PRNewswire/ -- Isodiol, the Southern California-based hemp cannabinoid innovator, is proud to announce that the Company's raw ingredient, nano-amplified cannabidiol (CBD) from hemp, has fueled a Letter of Intent (LOI) between Laguna Blends Inc. (Laguna Blends) and Carlsbad Naturals, LLC, dba CBD Naturals. The acquisition by Laguna Blends is for 60% equity interest and marketing rights for CBD Naturals and VitaDots brands. The transaction is valued at $1.8 MM USD.

"Isodiol's proprietary technology allows us to create unique water soluble hemp CBD finished products," states Jared Berry, CEO of Isodiol. "We are honored to supply nano-amplified hemp CBD to fulfill growing global demand of hemp products through Laguna Blends."

Mr. Stuart Gray, Laguna's CEO said, "With the growing awareness and market demand of CBD worldwide Laguna is positioning itself to be a market leader in the sale of CBD bottled water. In addition to the current sales growth of Carlsbad, Laguna can generate CBD water sales through its existing affiliates in the USA and Canada. Laguna currently is in discussions internationally with wholesale distributors regarding Carlsbad white label opportunities."

Mr. Ray Grimm, Laguna's President, stated, "The partnership with Carlsbad firmly solidifies Laguna as a unique player in the crowded multibillion dollar bottled water industry. The team of Doctors that formulated the Carlsbad water did so with the sole purpose of creating a high alkaline water offering the benefits of CBD. Many believe this to be the next evolution in the water industry, providing unique health benefits due to the proprietary nanotechnology. Carlsbad CBD water provides antioxidants at the cellular level along with providing cellular hydration and energy."

The LOI grants Laguna Blends rights to market CBD Naturals nano-amplified hemp CBD bottled water in the USA (non-exclusive) and extends exclusivity in countries including: Canada, Germany, Japan, India, South Korea, and Thailand. Laguna Blends will have the ability to negotiate the transfer of marketing rights and/or white label CBD water rights in these regions.

Laguna Blends will hold exclusive network marketing rights for VitaDots CBD Gummies and non-exclusive retail and online marketing rights for VitaDots in the following regions: USA, Canada, Germany, Japan, South Korea, and Thailand. In addition, Laguna will have the right to transfer the non- exclusive ownership rights to a third party at its discretion and negotiate white label opportunities.

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