Isodiol's Nano-Amplified CBD Fueled Completion of Definitive Equity Agreement by Laguna Blends with Carlsbad Naturals
ACCESS Newswire
CARLSBAD, CA / ACCESSWIRE / January 30, 2017 / ISO International, LLC ("Isodiol") is proud to announce that its proprietary nano-amplified cannabinoids fueled the completion of a definitive equity agreement by Laguna Blends (CNSX: LAG) (OTC PINK: LAGBF) (FSE: LB6A.F) with the Company's joint venture, Carlsbad Naturals, LLC.
Carlsbad Naturals, LLC, owns and operates the brand name CBD Naturals, a unique bottled water consumer product that is widely recognized in the U.S. hemp-infused bottled water market. CBD Naturals alkaline bottled water ingredients include nano-amplified cannabinoids from Isodiol plus vitamins and antioxidants.
Laguna Blends, a Canadian headquartered company, markets and distributes hemp-based products. Laguna Blends sales expansion of CBD Naturals will be through its Club 8 online marketplace and via its business-to-business (B2B) channels in the U.S. and Canada.
Jared Berry, CEO of Isodiol, states, "Everyone at Isodiol is excited and proud to supply our proprietary nano-amplified cannabinoids to Laguna Blends through CBD Naturals bottled water. With the completion of the definitive agreement between Laguna Blends and Carlsbad Naturals, the focus is now on expanding distribution of CBD Naturals' unique hemp cannabinoid-infused bottled water in both the U.S. and Canadian bottled water markets. Isodiol feels that the addition of nano-amplified cannabinoids to existing consumer products will create new market opportunities. Laguna Blends and CBD Naturals is a prime example."
Ray Grimm, President & CEO of Laguna Blends, states, "The partnership with Carlsbad Naturals firmly solidifies Laguna Blends as a unique player in the multibillion dollar bottled water and functional beverage industry. Carlsbad Naturals CBD water was formulated with the sole purpose of creating a high alkaline water with the added benefits. Many believe this to be the next evolution in the water industry, providing unique health benefits due to the proprietary nanotechnology. Carlsbad Naturals CBD water provides antioxidants at the cellular level along with providing cellular hydration and energy. Laguna Blends is currently in discussions with Carlsbad Naturals regarding further business opportunities including but not limited to the acquisition of controlling interest."
Terms of the definitive equity agreement are such that Laguna Blends has up to 75 days to acquire a 19% equity stake in Carlsbad Naturals. Laguna Blends will initially purchase nineteen percent (19%) equity interest in Carlsbad Naturals for a one-time payment of $250,000 USD paid for in cash plus $546,000 paid for in Laguna Blends' common shares for a total purchase price of $796,000.00 USD. Laguna Blends is currently in discussions with Carlsbad Naturals about acquiring additional equity interest, for majority control.
The common shares issued for the initial 19% are subject to lock up and or leak out provisions whereby the first 1/12 of the common shares will be released 4 months and a day after issuance. 1/12 will be issued every subsequent month thereafter.
Charles Vest, VP of Sales of Laguna Blends, Inc.'s new hemp and CBD on-line marketplace "Club 8" said, "According to new data from Arcview Market Research, cannabis consumers in North America spent a combined $53 billion in cannabis consumables in 2016. The legal supply of cannabis product increases in North America because several US states have recently joined the list of legalizers while at the same time lawmakers are expected to begin the process of recreational legalization in Canada later this year. The estimated $53 billion in sales is more than was generated by McDonald's and Starbucks combined in 2016."
Vest adds, "The high amount of existing consumers differentiates cannabis from other major consumer-market investment opportunities in history. There is a huge demand for clean cannabis products in our industry today. We just need to move demand for an already widely-popular product into safe and legal channels. Experts see the biggest growth in sectors like edibles and concentrates. It is much easier and safer to buy these products from a trusted retailer than to make them at home. Not only Carlsbad Naturals' nano-amplified CBD water but all of our current and upcoming products in 'Club 8' will benefit from this massive and unstoppable growth trend."
Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) is engaged in development, sales, marketing and distribution of hemp based products and solutions. Laguana specializes in identifying emerging trends and opportunities such as cannabidiol (CBD), one of the most useful compounds found in the hemp plant.
Laguna is currently seeking joint ventures and acquisitions to expand its portfolio in the hemp and cannabinoid markets. To learn more, visit www.LagunaBlendsInc.com, Facebook and YouTube.
About Isodiol:
Isodiol and its team of collaborators are a group of companies that together, grow & harvest hemp on an industrial scale, and then process it to extract the non-psychotropic cannabinoids to the highest available purity for worldwide distribution. By utilizing one of the world's largest hemp farms, Isodiol and its partners are the choice for industrial volumes of high-grade, non-psychotropic cannabinoids.
Pharmaceutical, nutraceutical and cosmetic companies worldwide have gained market share due to our products. To follow Isodiol online, visit the Company's website at http://www.isodiol.com, Facebook, Instagram, and Twitter.
FORWARD-LOOKING DISCLAIMER
This news release contains "forward-looking information" within the meaning of applicable 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 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'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. 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 and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.
LEGAL DISCLOSURE
Isodiol does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). Cannabidiol is a natural element of industrial hemp. Isodiol's products are not intended to cure, treat or mitigate any disease states.
