Laguna Blends, Inc. (CSE: LAG) (LB6A.F) (OTC: LAGBF) Enters Letter of Intent to Acquire Exclusive Distribution Rights for Cannabidiol Skin Care Line
Before the opening bell, Laguna Blends, Inc. (OTC: LAGBF) announced the execution of a non-binding letter of intent with Cannaceuticals of California, USA (Canna) through which it plans to enter into a definitive manufacturing and exclusive license agreement for Canna’s cannabidiol (CBD) skin care line. The two parties have agreed to an exclusivity period running through July 29, during which additional negotiations and signing of the manufacturing and license agreement are expected to take place. “Canna has spent a tremendous amount of time and financial resources to create what we believe is the highest quality CBD skin care line available…
