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Laguna Blends Inc. - Health Canada Grants PRO369 Approval for 3 Additional Flavours
KELOWNA, BC / ACCESSWIRE / September 29, 2015 / Laguna Blends Inc. (the "Company" or "Laguna") (CNSX: LAG) is pleased to announce that it has received approval from Health Canada for three additional powdered flavours: PRO369 Chocolate Banana, Mixed Berry and Vanilla Caramel. On Sept. 22nd, 2015 Laguna announced that it had received approval for Pro369 Tropical Powder.
The Minister of Health has granted Laguna a product license along with a Natural Product Number ("NPN") for all four of the Pro369 Flavours. They are all listed under the same NPN.
Laguna intends to market the listed four powdered flavours of its unique hemp proteins through its planned affiliate network.
"I am ecstatic that Laguna has approvals for all four of our Pro369 hemp protein products," stated Stuart Gray, President and CEO. "In addition to hemp protein contained in our products they also contain Ginseng and HempOmega (TM). Products approved by Health Canada provides credibility to Laguna and its affiliates in the marketplace."
Naturally Splendid Enterprises Ltd. (the "Naturally Splendid" or "NSE") (TSX Venture: NSP) provided the research and development of all four of the flavours of Pro369. In addition Laguna and NSE have entered into a manufacturing agreement for Pro369.
About the Health Canada approval: In order to obtain authorization to legally sell a natural health product in Canada, a product license application must be submitted to Health Canada. To obtain a license to sell a natural health product, applicants must give detailed information about the product to Health Canada, including: medicinal ingredients, source material, dosages, potency, non-medicinal ingredients and recommended use(s). The safety and efficacy of natural health products and their health claims must be supported by in-depth, scientific evidence so that consumers and Health Canada know the products are indeed safe and effective and to ensure benefits outweigh risks. Evidence may include clinical trial data or references to published studies, journals, pharmacopoeias and traditional resources. The type and amount of supporting evidence required depends on the proposed health claim of the product and its overall risks.
Once Health Canada has assessed a product and deemed it to be safe, effective and of high quality, they will then issue a product license along with an eight-digit NPN.
Pro369 - is a variety of unique 30g single serving ("on the go") hemp protein powder drink mixes which are available in various flavours. The hemp proteins are water soluble and can be directly mixed in water or added to almond, coconut or regular milk. In addition, the hemp protein can also be blended into a shake or smoothie. Pro369 is considered a health industry nutritional product. In addition to Pro369 containing hemp protein, Pro369 contains HempOmega TM and Ginseng. Pro369 in also a source of Omegas, 3, 6 and 9.
About the Hemp industry: The main markets currently for hemp are the health foods, functional foods, ingredients, natural body care and cosmetics, birdseed and pet/veterinarian markets. Currently, the principal hemp markets are for hemp seed. Hemp seed attracts commercial interest because of its high protein and essential fatty acid profile. Most hemp seed (whether in seed, oil, flour / powder or in finished foods) goes into the health food sectors.
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. Laguna is a network marketing company that intends to generate retail sales through independent affiliates. Affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling. The first products to be launched are functional beverage products that provide high levels of protein and or nutrition.
Laguna's products are made from high quality hemp protein. Some of the current products are, "Caffe" an instant, "just add water" hot coffee beverage that contains both whey and hemp protein. In addition, the Company plans to market a product called Pro369. This unique single serving "on-the-go" hemp protein is served cold and comes in 4 delicious flavors. Pro369 is water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. Pro369 can be blended in a shake or smoothie. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the fall of 2015.
* HempOmega is a registered trademark owned by Naturally Splendid Enterprises Ltd. and is used under license by Laguna Blends Inc.
ON BEHALF OF THE BOARD
"Stuart Gray"
President, Chief Executive Officer,
Chief Financial Officer and Director
FOR INVESTOR RELATIONS INFORMATION PLEASE CONTACT:
Etienne Moshevich - Transcendcapitalinc.com
(604) 512-5624
et@transcendcapitalinc.com
Laguna Blends Inc.
#302 - 1912 Enterprise Way
Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
http://www.stockhouse.com/news/press-releases/2015/09/29/laguna-blends-inc-health-canada-grants-pro369-approval-for-3-additional
People behind this have a terrible track record! Be warned! I can see this going to a nickel in a flash!
Laguna Blends Inc. is Included in the Marijuana / Hemp Index
KELOWNA, BC / September 28, 2015 / Laguna Blends Inc. (the "Company" or "Laguna") ($LAG:CNX) is pleased to announce that it has been selected by the Marijuana / Hemp Index for inclusion in its MJIC reporting company index.
What started as the leading marijuana index has quickly become a leading hemp index.
The MJIC Index is a leader in featuring public companies involved in the legalized marijuana, cannabis and hemp sector. They provide the most robust data set in the industry with a perpetually expanding assemblage of information available to brokers, analysts, investors and media.
"Laguna is pleased to have been included in the MJIC Index in only three short days since going public on the Canadian Securities Exchange," commented, Stuart Gray, President and CEO. "The index mostly includes marijuana related companies so it's an extra privilege to be included in the index as a functional beverage company with hemp protein products. This index will allow our shareholders access to realtime industry data and an expansive set of tools to better follow our company and industry developments. Laguna's inclusion in the Index is an important step in providing further awareness to a brand new network of potential investors that are looking for diversification from the marijuana industry which is so heavily regulated. Since hemp nutritional products are legal / mainstream products in the USA and Canada we feel we are an excellent addition."
About the MJIC marijuana / Hemp Index
The MJIC Index is the first and only marijuana / hemp Sector benchmark index series, measuring the combined performance of globally listed marijuana and hemp stocks. The Index series is calculated by using (Equal-Weight), providing a fair and balanced benchmark calculation methodology, for diverse stocks covered. The index provides existing and prospective investors with a targeted and centralized view of these pioneering securities which are positioned within a multi-billion dollar growth industry. Information and articles are shared from around the web on the industry as it unfolds throughout the United States and the world. The mission of the index is to become the centralized hub of communication between marijuana, cannabis, and hemp companies and the investment marketplace following the industry.
To contact the MJIC marijuana index please visit: www.marijuanaindex.com or by email via info@marijuanaindex.com
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. Laguna is a network marketing company that intends to generate retail sales through independent affiliates. Affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling. The first products to be launched are functional beverage products that provide high levels of protein and or nutrition.
Laguna's products are made from high quality hemp protein. Some of the current products are, "Caffe" an instant, "just add water" hot coffee beverage that contains both whey and hemp protein. In addition, the Company plans to market a product called Pro369. This unique single serving "on-the-go" hemp protein is served cold and comes in 4 delicious flavors. Pro369 is water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. Pro369 can be blended in a shake or smoothie. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the fall of 2015.
ON BEHALF OF THE BOARD
"Stuart Gray" President, Chief Executive Officer, Chief Financial Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Laguna Blends Inc. #302 - 1912 Enterprise Way Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
http://www.equities.com/news/issuer-updates/laguna-blends-inc-is-included-in-the-marijuana-hemp-index
Laguna Blends Inc. Commences Manufacturing For Its Caffe Protein Coffee
(500,000 units of Coffee)
KELOWNA, BC / ACCESSWIRE / September 28, 2015 / Laguna Blends Inc. (the "Company" or "Laguna") (CNSX: LAG) is pleased to announce that manufacturing has commenced for Laguna's "Caffe" Protein Coffee. Laguna owns the intellectual property for this unique and proprietary product.
An initial purchase order has been placed with Laguna's manufacturing partner PNP Pharmaceuticals, ("PNP") to deliver 16,667 boxes of Caffe to Laguna within the next 8-10 weeks. Each box contains 30 units of protein coffee. Laguna has provided a 50% deposit towards the initial purchase order.
Laguna spent over one year of research and development to invent a completely unique product. Laguna has achieved its goal of creating a delicious tasting, functional beverage that is served hot as an instant coffee. Approximately 20% of the 6.2 grams per package contains whey and hemp protein, this makes Laguna's product very different than its competition in the direct sales and retail coffee business.
Stuart Gray, President and CEO of Laguna states, "PNP Pharmaceuticals was a logical partner for Laguna Blends to manufacture our Caffe product. PNP has the highest quality manufacturing standards in Canada. Since PNP manufactures pharmaceuticals in addition to nutritional products they are required to meet additional quality standards that other manufacturers do not. Touring the facility and meeting the executives and staff involved provided me with the confidence that PNP could deliver the quality product standards that we require and that they are capable to ramp up production when necessary."
Starbucks is the only company in the world that’s a major player with a protein coffee beverage. Starbucks product is a ready to serve cold protein Coffee in a can. Laguna’s protein Coffee is an instant, just add hot water protein coffee.
After water, the beverage that the largest proportion of adults reported consuming is Coffee. *According to the CAC's newly released 2013 Canadian Coffee Drinking Study, coffee is a dominant beverage in the Canadian market. Only tap water enjoys equally high past-day penetration. The results of the research show that approximately two-thirds of adult Canadians (65%) consumed coffee in the past- day. Approximately three-quarters of Canadians aged 18-79 (78%) indicate they’ve consumed coffee in the past week. A total of 83% of Canadians say they’ve enjoyed coffee in the past-year. Coffee drinkers consume on average 3.2 cups of coffee per day. A cup of coffee before you exercise can boost performance, help you stay hydrated and reduce exercise related fatigue as well as deliver a number of other positive health impacts.
Glen North, President and CEO of PNP Pharmaceuticals Inc. said, "I am excited to have entered into a manufacturing agreement with Laguna Blends to be the exclusive manufacturer of their "Caffe" Protein Coffee product. We are thrilled to be involved with a company that is innovative as well as committed to offering products of the highest quality possible."
About: PNP Pharmaceuticals Inc.
PNP Pharmaceuticals Inc. (PNP) is a leading Canadian contract manufacturer of pharmaceuticals, nutraceuticals products for export to markets worldwide. Founded in 1999, PNP has the expertise and high-volume production capabilities to formulate, blend, and package any dry dosage form (capsule, tablet, powders or bulk package for overseas transport) to the highest industry standards. PNP operates an ultra-modern 75,000 square foot manufacturing facility that meets or exceeds all "Good Manufacturing Practice" and is a leader in regulatory certifications and accreditations. PNP Pharmaceuticals is Health Canada Site Licensed, Establishment Licensed, NSF Sport and Dietary Certified, TGA Approved, Informed Choice, Halal and Organic Certified.
www.pnppharmaceuticals.com
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. The Company is a network marketing direct sales company that intends to generate retail sales through independent affiliates. The Company's affiliates utilize tools and technology that enable them to build an international business from their own home or while traveling. The first products to be launched by the Company are expected to be functional beverages that provide high levels of protein and/or nutrition.
The Company's products are made from high quality hemp protein. Some of the Company’s current products are hemp coffee - coffee beverages that contain both whey and hemp protein. In addition, the Company plans to market a variety of unique single serving "on-the-go" hemp protein mixes with various flavours. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake with fruit. The Company also plans to offer other product categories in the future. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the fall of 2015.
ON BEHALF OF THE BOARD
"Stuart Gray" President, Chief Executive Officer, Chief Financial Officer and Director
*Canadian Coffee Drinking Study
http://www.coffeeassoc.com/contact-us/
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable securities laws statements regarding the Company's business, products and future plans including, without limitation, statements regarding the expected launch date for the Company's business, its product offerings and plans for sales and marketing. Although the Company believes that the expectations reflected 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 statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business 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 3 information in this news release. The statements in this news release are made as of the date of this release.
Contact:
Laguna Blends Inc.
#302 - 1912 Enterprise Way
Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
SOURCE: Laguna Blends Inc.
Laguna Blends’ hemp drinks can make six Health Canada claims (Kelowna Daily Courier)
>>>In fact, Laguna Blends’ hemp drinks can make six Health Canada claims such as building and repairing body tissues, improved muscle protein synthesis, building of lean muscle, maintain healthy immune system, promote healthy glucose levels and help relieve nervousness.<<<
Better direct selling with hemp?
Steve MacNaull | Posted 7 hours ago
He knows network marketing, aka bugging everyone you know to buy the stuff you represent, has a major negative stigma.
So Stuart Gray, the CEO of Kelowna-based hemp beverage company Laguna Blends, vows to make his direct selling company different. “We’re facing the negativity up front,” said Gray.
“We have what we believe to be the game changer in the direct selling game. It’s the cool technology at LagunaWorld.com with the kind of virtual community where members can train and recruit other members and customers an not be embarrassed.”
The virtual world is impressive.
The Laguna Blends campus is on the ocean in beautiful, palm-treed Laguna Beach, Calif. and has potential customers via email for slick presentations ranging from 90 seconds to several minutes.
Laguna has two main products: an instant coffee with hemp protein and PRO369, a hemp protein power to mix with water or milk or blend into a smoothie.
“With all the hype about medical marijuana, we found the bigger opportunity is actually in the nutritional benefits of hemp,” said Gray.
“They are both from the same plant, but hemp doesn’t have the chemical that makes you high.”
In fact, Laguna Blends’ hemp drinks can make six Health Canada claims such as building and repairing body tissues, improved muscle protein synthesis, building of lean muscle, maintain healthy immune system, promote healthy glucose levels and help relieve nervousness.
Laguna Blends products are used and endorsed by football wide receiver Emmanuel Arceneaux of the B.C. Lions.
Shares of Laguna Blends have also just started to to trade on the Canadian Securities Exchange.
After opening at 30 cents earlier this week, it was trading at 31 cents on Friday.
http://www.kelownadailycourier.ca/business_news/article_08670bd6-63d7-11e5-a9da-f728fd0d8d7a.html?mode=jqm
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.
If you cannot view the video above, please visit:
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 lagunablendsCEO@gmail.com.
Chris Parry on Laguna Blends
Also in the omega trenches is new boy, Laguna Blends (CSE:LAG,Forum), which opened on the markets Wednesday and jumped 23.3% to $0.37. Those gains disappeared on slim trading Thursday but the MLM-distributed, celebrity-endorsed hemp protein coffee with a 30g shot and no hurtful aftertaste is one that I think has long term potential.
The coffee is good, and people on high protein diets will REALLY enjoy getting 30g of protein from their coffee, rather than having to down a protein shake. Every promoter in town has been trying to get in on this deal, and for good reason. I think it’s going to be a monster.
In fact, “Laguna: Monster” that’s what I wrote down on my ‘ongoing stories’ notepad today.
Full disclosure: I’m consulting with them on getting their message straight, and out to you guys, so I might be a little biased and I’ll make money if the share price goes up because I bought a bunch and will keep doing so on dips – like I did today.
--Chris Parry
http://www.twitter.com/chrisparry
http://www.stockhouse.com/news/newswire/2015/09/24/the-daily-screed-vodis-becomes-legit-laguna-up-and-down-new-tech!
Laguna Blends news and reports page (48hours)
Laguna Blends, MLM's, Healthy Boomers and Product Trends
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117183289
Laguna Blends Inc. - PRO369 Tropical Receives Approval from Health Canada
http://www.equities.com/news/issuer-updates/laguna-blends-inc-pro369-tropical-receives-approval-from-health-canada
Laguna Blends director Gray acquires additional 5.4 million shares (19.29% Fully Diluted)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117199203
Chris Parry report on Laguna Blends
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117199567
Alphastox.com on Laguna Blends:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117210727
Business for Home:
Laguna Blends Debuts With Health Canada-Approved Hemp Protein Coffee
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117222213
Business for Home: (Correct link)
Laguna Blends Debuts With Health Canada-Approved Hemp Protein Coffee
http://www.businessforhome.org/2015/09/laguna-blends-debuts-with-health-canada-approved-hemp-protein-coffee/
Business for Home:
Laguna Blends Debuts With Health Canada-Approved Hemp Protein Coffee
http://www.businessforhome.org/
Alphastox.com on Laguna Blends:
Make sure you put Laguna Blends (CSE:LAG) on your radar screen today! "LAG" is a network marketing direct sales company focused on the distribution of top quality hemp related products. There should be a ton of news flow and updates to come from this company over the next few months so stay tuned!
We've already seen companies in a similar space do extremely well recently and this deal could easily follow suit with what they have coming down the pipeline.
The company is supported by a number of well-heeled investors that want to see this thing grow so definitely stay tuned for what's to come. There should be a ton of third party articles written on the company as well so i'll make sure to send them over your way the moment I get them.
I will have a much more thorough update on exactly what the company does shortly, but for now, make sure you put "CSE: LAG" on your screens.
As always, if you have any questions, please do not hesitate to get in touch with me anytime. I look forward to hearing from you.
Disclosure: Transcend Capital Inc. is a shareholder of Laguna Blends
Here is a brief summary of Laguna Blends:
The Company's business is focused on the nutritional health benefits derived from hemp. The Company is a network marketing direct sales company that intends to generate retail sales through independent affiliates. The Company's affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling.
The first products to be launched by the Company are expected to be functional beverages that provide high levels of protein and/or nutrition. The Company's products are made from high quality hemp protein. Some of the Company’s current products are hemp coffee - coffee beverages that contain both whey and hemp protein.
In addition, the Company plans to market a variety of unique single serving "on-the-go" hemp protein mixes with various flavors. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake with fruit.
The Company also plans to offer other product categories in the future. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the Fall of 2015.
Laguna Blends (C.LAG) opens its CSE listing with Health Canada-approved hemp protein coffee
Chris Parry, Stockhouse.com
Canada's Laguna Blends (CSE:C.LAG, Forum) debuts on the public markets today, having RTOed into what was formerly Grenadier Resources (CSE:C.GAD, Forum) alongside an announcement that its primary product SKU has been approved by Health Canada as a Natural Health Product.
The company, which came to notice when it was the first vendor to purchase hemp protein formula from Naturally Splendid (TSXV:NSP, Forum), will be launching its products into MLM networks in the coming weeks, with celebrity endorsements and an advanced technology platform for sellers to sign up, train, sell products and order more inventory.
The company will open business with its Pro369 Hemp Protein Coffee product, which offers more than 30g of water soluble protein in both hemp and whey form, omega-3 and -6 fatty acids, and artisan grade coffee, with ginseng and manroot added.
The Health Canada approval brings the product a Natural Product Number (NPN), the first hemp flavoured product approved for sale in this way in Canada to date.
To receive a number, an applicant must offer detailed information about medical ingredients, source material, dosages, potency, non-medicinal ingredients and recommended use. Safety and health claims must be supported by in-depth scientific evidence. The Health Canada blessing means the product has been deemed safe, effective and of high quality.
As part of the transition to Laguna Blends proper, Stuart Gray has been appointed CEO, CFO, President and Director of the new company.
The multi level marketing scene has been blowing up over the last few years, with a multitude of companies rising from rags to riches within a handful of years on the back of extensive sales networks which can run thousands deep. Those networks are often the main source of commerce for many communities in the developing world, and increasingly the first world, where traditional retail outlets are losing ground to online sales and face to face business.
Laguna has opted to invest in a new MLM technology, similar to the old Second Life game, where affiliates can meet, chat, train, place orders, get product information, sign up and more. The technology, currently in use at one of the largest real estate companies in the world, promises to help sales leaders end the old practice of endless conference calls, and hotel ballroom bookings, as they keep their networks informed and motivated.
The Laguna/Naturally Splendid deal will send up to $5 million a year to NSP for providing the formula used in Pro369, with $100,000 already having been submitted.
As trading in C.LAG starts today with a new symbol, many Canadian brokerage firms will not yet be offering the ticker in their online trading desks. Potential buyers are encouraged to call their brokerages directly to initiate trades before online systems have been updated.
http://www.stockhouse.com/news/newswire/2015/09/23/laguna-blends-c-lag-opens-its-cse-listing-with-health-canada-approved-hemp
Laguna Blends director Gray acquires 5.4 million shares
(19.29% FD is impressive)
2015-09-23 06:26 ET - News Release
Mr. Stuart Gray reports
STUART GRAY FILES EARLY WARNING REPORT PURSUANT TO NATIONAL INSTRUMENT 62-103
Stuart Gray, after giving effect to the share exchange transaction (RTO) involving Laguna Blends Inc. (formerly Grenadier Resource Corp.), has directly acquired 5.4 million common shares of the company and 3.95 million common share purchase warrants of the company. Each warrant entitles the offeror to purchase one additional share at a price of 27 cents until Dec. 31, 2019. The acquired securities represent 12.13 per cent of the company's issued and outstanding shares after the RTO on an undiluted basis, and 19.29 per cent on a diluted basis.
The acquired securities were acquired for investment purposes. The offeror may from time to time acquire additional securities of the company, dispose of some or all of the securities of the company or maintain his current securities position in the company.
The acquired securities were issued to the offeror on the basis of one share and one warrant for each common share and share purchase warrant of Laguna Blends (USA) Inc. (formerly Laguna Blends) (Laguna USA) formerly held by the offeror pursuant to the terms of the share exchange agreement between the company, Laguna USA and Laguna USA's shareholders. The acquired securities were acquired pursuant to applicable prospectus exemptions set out in National Instrument 45-106.
This press release is being issued pursuant to National Instrument 62-103. A copy of the early warning report filed under applicable securities laws is available under the company's profile on SEDAR. A copy of the early warning report shall be sent promptly to anyone who requests it from the offeror noted below.
Laguna Blends, MLM's, Healthy Boomers and Product Trends
(Part 1)
Laguna Blends Inc. (LAG:CSE)
Shares Issued: 44,514,932
Fully Diluted: 54,664,864
http://www.lagunablends.com/
Laguna Blends is a hemp-based nutritional product, and network marketing company that will utilize their well established distribution base throughout North America.
Their two initial products are a hemp-coffee beverage (contains both whey and hemp protein), and a hemp-protein pack that can be added to cold beverages, and comes in four flavors.
A sound Multi Level Marketing concept (MLM) works best if the distributor absolutely believes in the product and consumes it daily.
When a distributor endorses the products with personal testimonials from family and friends, the ability to attract new customers grows exponentially.
Normally, a junior startup, like Laguna, is lucky to have between 500 to 1000 shareholders in the first year.
How many shareholders would a junior public company have if several thousand hemp-based health product distributors around North America were promoting Laguna protein coffee, for example, and perhaps buying shares with a percentage of their monthly commissions?
Every distributor, that decides to become a stock holder, would share the overall wealth rather than an elite few at the top, which is typical with many private MLM companies.
Some of the top MLM distributors make between $1 million to as much as $15 million. The real big money goes to the private owners who sometimes generate multiples of that amount. Plus, it is not unusual to see 5 to 10 percent growth per year in this exploding industry.
With Laguna, the profits benefit all distributors that decide to become shareholders, as the company builds value.
With Evander Holyfield endorsing Zija, and Greg Norman endorsing Organo Gold, MLM's have become a lot more respectable in the last few years. The statistics are impressive, as you will see.
After observing Herbalife (HLF- NYSE) over the last 2 years, and knowing that it went from a low of $6.06 in 2009 to a high of $83.51 in 2014 - the public trading, nutritional product distribution model has proven to be extremely lucrative for shareholders and distributors.
HLF reached a low of $27.60 on January 07 and closed at $56.57 on September 22. Icahn and Soros' 19 million shares are worth $1.074 Billion today. Market Cap: $5.23 Billion
(More on this in Part 2)
Healthy Boomers
The boomers are entering middle age kicking and screaming. They are watching their diets, exercising more, and beginning to look seriously at natural/alternative and preventative healthcare.
With the 90 million baby boomers in the US (and Canada) trillion dollar plus annual income slowly dwindling - this is actually very good news for those actively involved in the home based healthcare distribution market.
Simultaneously, the entire MLM industry is poised for explosive growth and can be one of the most significant solutions to America’s current retirement savings crisis.
AARP’s estimate that half of all baby boomers are interested in starting a business, and the makings of a massive trend are in place.
While estimations vary, the Diet, Nutrition and Personal Care industries are expected to generate well over $100 Billion by the end of the decade.
Specifically, the global market for sports nutrition and high energy supplements are projected to approach $40.8 billion in 2015 and reach close to $66.0 billion by 2020.
Sports and energy drinks should reach nearly $28.6 billion in 2015 and approximately $46.8 billion by the end of the decade.
It's important to point out that the Top 10 US based MLM's have over 20 million distributors.
Emmanuel Arceneaux, wide receiver for the BC Lions featured in Laguna Blends "Pro369" Protein Video:
Laguna Blends (C.LAG) debuts with Health Canada-approved hemp protein coffee, jumps 36%
Canada's Laguna Blends (CSE:C.LAG, Forum) debuts on the public markets today, having RTOed into what was formerly Grenadier Resources (CSE:C.GAD, Forum) alongside an announcement that its primary product SKU has been approved by Health Canada as a Natural Health Product.
The company, which came to notice when it was the first vendor to purchase hemp protein formula from Naturally Splendid (TSXV:NSP, Forum), will be launching its products into MLM networks in the coming weeks, with celebrity endorsements and an advanced technology platform for sellers to sign up, train, sell products and order more inventory.
Full article below - Chris Parry
Stockhouse
http://www.stockhouse.com/news/newswire/2015/09/23/laguna-blends-c-lag-debuts-with-health-canada-approved-hemp-protein-coffee-jumps
KELOWNA, BC / ACCESSWIRE / September 22, 2015 / Laguna Blends Inc. (formerly Grenadier Resource Corp.) (CSE: LAG) (the "Company") is pleased to announce that it will resume trading on the Canadian Securities Exchange (the "CSE") at the opening of the market on Wednesday, September 23, 2015. The Company is in receipt of final approval from the CSE. The new trading symbol of the Company will be "LAG".
On September 21, 2015, the Company announced the completion of the arm's length acquisition of all of the issued and outstanding shares of Laguna Blends (USA) Inc. (formerly Laguna Blends Inc.) ("Laguna USA") in exchange for the issuance of shares of the Company (the "Share Exchange") as previously announced in its news releases of January 19, April 8, April 14, July 20 and September 3, 2015. As a result of the Share Exchange, the business of Laguna USA is now the Company's business, and the Company's name was changed to "Laguna Blends Inc." to reflect the change of business. Details of the Share Exchange can be found in the Company's listing statement dated August 31, 2015 (the "Listing Statement"), available on SEDAR at www.sedar.com and on the CSE website at www.thecse.com.
Directors and Officers
In connection with the closing of the Share Exchange, Glenn Little resigned as the President, Chief Executive Officer and Chief Financial Officer, but remains as a director of the Company. Jacques Martel and Jon Sherron resigned as directors of the Company. Stuart Gray has been appointed President, Chief Executive Officer, Chief Financial Officer and a director of the Company, Martin Carleton and Rhys Williams were appointed directors of the Company, and Negar Adam was appointed Corporate Secretary of the Company.
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. The Company is a network marketing direct sales company that intends to generate retail sales through independent affiliates. The Company's affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling.
The first products to be launched by the Company are expected to be functional beverages that provide high levels of protein and/or nutrition. The Company's products are made from high quality hemp protein. Some of the Company's current products are hemp coffee - coffee beverages that contain both whey and hemp protein. In addition, the Company plans to market a variety of unique single serving "on-the-go" hemp protein mixes with various flavors. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake with fruit. The Company also plans to offer other product categories in the future. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the Fall of 2015.
ON BEHALF OF THE BOARD
"Stuart Gray"
President, Chief Executive Officer,
Chief Financial Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Laguna Blends Inc.
#302 - 1912 Enterprise Way
Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
Forward-Looking Information:
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the resumption of trading on the CSE and statements regarding the Company's business, products and future plans including, without limitation, statements regarding the expected launch date for the Company's business, its product offerings and plans for sales and marketing. Although the Company believes that the expectations reflected 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 statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company will not commence trading on the CSE for any reason, the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business 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. The statements in this news release are made as of the date of this release.
SOURCE: Laguna Blends Inc.
KELOWNA, BC / ACCESSWIRE / September 23, 2015 / Laguna Blends Inc. (the "Company"), ( "Laguna") (CSE: LAG) is pleased to announce that it has received approval from Health Canada for its PRO369 Tropical Powder on September 22, 2015. The Minister of Health has granted Laguna a product license along with a Natural Product Number for its PRO369 Tropical Powder. This is one of the first hemp flavoured products approved for sale in Canada.
About the Health Canada approval: In order to obtain authorization to legally sell a natural health product in Canada, a product license application must be submitted to Health Canada. To obtain a license to sell a natural health product, applicants must give detailed information about the product to Health Canada, including: medicinal ingredients, source material, dosages, potency, non-medicinal ingredients and recommended use(s). The safety and efficacy of natural health products and their health claims must be supported by in-depth, scientific evidence so that consumers and Health Canada know the products are indeed safe and effective and to ensure benefits outweigh risks. Evidence may include clinical trial data or references to published studies, journals, pharmacopoeias and traditional resources. The type and amount of supporting evidence required depends on the proposed health claim of the product and its overall risks.
Once Health Canada has assessed a product and deemed it to be safe, effective and of high quality, they will then issue a product license along with an eight-digit Natural Product Number (NPN).
Pro369 - is a variety of unique 30g single serving ("on the go") hemp protein powder drink mixes which are available in various flavours. The hemp proteins are water soluble and can be directly mixed in water or added to almond, coconut or regular milk. In addition, the hemp protein can also be blended into a shake or smoothie. Pro369 is considered a health industry product.
About the Hemp industry: The main markets currently for hemp are the health foods, functional foods, ingredients, natural body care and cosmetics, birdseed and pet/veterinarian markets. Currently, the principal hemp markets are for hemp seed. Hemp seed attracts commercial interest because of its high protein and essential fatty acid profile. Most hemp seed (whether in seed, oil, flour/powder or in finished foods) goes into the health food sectors.
"This is a great step forward for us at Laguna," says Stuart Gray, CEO of Laguna Blends Inc. "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."
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. The Company is a network marketing direct sales company that intends to generate retail sales through independent affiliates. The Company's affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling.
The first products to be launched by the Company are expected to be functional beverages that provide high levels of protein and/or nutrition. The Company's products are made from high quality hemp protein. Some of the Company's current products are hemp coffee - coffee beverages that contain both whey and hemp protein. In addition, the Company plans to market a variety of unique single serving "on-the-go" hemp protein mixes with various flavors. The hemp proteins are water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. In addition, the hemp protein can be blended in a shake with fruit. The Company also plans to offer other product categories in the future. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the Fall of 2015.
ON BEHALF OF THE BOARD
"Stuart Gray"
President, Chief Executive Officer,
Chief Financial Officer and Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Laguna Blends Inc.
#302 - 1912 Enterprise Way
Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
Forward-Looking Information:
This news release contains "forward-looking information" within the meaning of applicable securities laws statements regarding the Company's business, products and future plans including, without limitation, statements regarding the expected launch date for the Company's business, its product offerings and plans for sales and marketing. Although the Company believes that the expectations reflected 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 statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business 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. The statements in this news release are made as of the date of this release.
SOURCE: Laguna Blends Inc.
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