April 13, 2016 (www.investorideas.com newswire) Laguna Blends, Inc. (OTC: LAGBF) is tapping into the benefits derived from hemp in more ways than one. The company offers a high quality product experience with an emphasis on the plant’s health benefits while coupling it with turn-key online marketing campaigns for the entrepreneur at heart. With the hemp industry delivering promising business metrics worldwide, Laguna’s unique business model is as intriguing as it is potentially lucrative.
The first product category that Laguna has introduced are one-of-a kind, instant, functional beverage products that contain hemp protein, omegas and other efficacious ingredients. “Caffe,” the first product currently being offered for sale is a protein coffee beverage offering.
In a recent news release, Stuart Gray, Laguna’s president and CEO noted, “Laguna has launched its business with a high level of interest from independent affiliates residing in the USA and Canada. The demand for high quality, functional beverage products throughout the United States and Canada, coupled with a viable business opportunity has attributed to the spike in affiliate interest. In addition, the positive feedback on Laguna’s first product to market, “Caffe” has been fantastic.”
In the beginning of March 2016, the company disclosed a non-brokered private placement of 1,750,000 units at $0.20 per unit for aggregate gross proceeds of up to $350,000. LAGBF has since closed the first tranche of this private placement consisting of 1,175,000 units for gross proceeds of $235,000. Each unit is made up of one common share and one share purchase warrant, with each warrant entitling the holder to gain one additional common share of the company at a price of $0.25 per warrant share until March 10, 2018. The units hold period expires on July 11, 2016.
Leveraging a network marketing business model, Laguna generates retail sales through independent affiliates. These affiliates use technology that enables them to build an international business from their home or wherever their travels may take them. The company is currently focused on the nutritional health benefits derived from hemp. Laguna’s first product category as an entry to market are functional beverage products that contain hemp and other efficacious ingredients.
