August 2016 - CanadianCannabisWire

WednesdayAug 31, 2016 4:26 pm

With Hemp-based Drinks, Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) is Strongly Rooted in Functional Beverages Market

If you plan to visit Laguna Beach in Orange County, California, to attend the Food & Wine Pairing Dinner on September 1, 2016, you may not be aware that the area is associated with culinary delights other than vino. Located midway between Los Angeles and San Diego, and stretching for over seven miles, Laguna Beach has lent its name to Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F), a network marketing company with products based on the nutritional health benefits derived from hemp. Just like wine, the consumption of hemp beverages is still an avant-garde pursuit. Nevertheless, its management team…

FridayAug 26, 2016 12:19 pm

Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) Announces Closing of First Tranche of Private Placement

Before the opening bell, Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (FRANKFURT: LB6A.F) announced a first tranche closing related to its non-brokered private placement. The first tranche closing included the issuance of 1,627,200 units at a price of $0.25 per unit for gross proceeds of $406,800. Each of these units includes one common share, as well as a purchase warrant entitling the holder to acquire an additional common share of Laguna’s stock at a price of $0.40, valid until August 25, 2017. Securities issued as part of the first tranche will be subject to a hold period expiring four months…