OTCBB ALERTS

[budfoxfun]

$LAGBF signed a letter of Intent (LOI) to acquire 100% interest of a global Cannabis leader with unaudited annualized sales of $12,000,000 USD and adjusted EBITDA of $1,588,000 USD. Subject to final terms being determined, the consideration for this transaction is expected to be a combination of cash and stock totalling $12,500,000 USD. The transaction, which is subject to customary closing conditions and due diligence, is expected to close within 3 weeks. A more comprehensive news release will be issued when the Definitive Agreement is executed.

About Laguna Blends Inc.
Laguna Blends is a market leader in the distribution of Hemp and CBD products. Lagunas growth strategy includes acquiring and incubating companies who formulate and or manufacture cannabis products. Laguna Blends markets hemp derived products utilizing its B to B Network along with driving traffic to its online marketplace

$LAGBF

$LAG #hemp #products #coffee #caffee #cafe #protein #cbd