Laguna Blends Significantly Expands Distribution into Canada -- CFN Media
(firmenpresse) - SEATTLE, WA -- (Marketwired) -- 03/02/17 -- CFN Media Group ("CannabisFN"), the leading creative agency and digital media network dedicated to legal cannabis, announces publication of an article covering Laguna Blends Inc. (CSE: LAG) (OTC PINK: LAGBF) and its plans to build a leading brand portfolio and distribution network in Canada.
The cannabidiol ("CBD") industry is expected to reach between $2 billion and $3 billion in size by 2020, which has created an enormous opportunity for innovative companies in the space. These companies could offer a way to diversify from cannabis-related investments that may entail greater regulatory risk.
Laguna Blends signed an exclusive distribution agreement with Iso International LLC ("Isodiol") on February 21, 2017. As a leading supplier, formulator, and manufacturer of pharmaceutical-grade cannabidiol ("CBD") products, Isodiol will provide its experience in research, development, and manufacturing and offer all of its current products to the company on an exclusive basis in the Canadian marketplace.
That announcement was followed quickly, on March 1, by a distribution agreement with , a Canada-based distributor of CBD products on March 1, 2017. Medigreen will have full control of the company''s portfolio, including the recently licensed Isodiol products, including beverages, edibles, oils, sprays, topicals, and crystalline categories. The distributor will have an initial minimum order of $250,000 with subsequent monthly order requirements.
The company plans on pursuing additional distribution agreements to expand its revenue over time and enter new markets. In addition to these agreements, the company markets its hemp-based product lines through its B2B network and online marketplace where it leverages affiliate partners to drive revenue growth.
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CFN Media (CannabisFN) is the leading creative agency and media network dedicated to legal cannabis. We help marijuana businesses attract investors, customers (B2B, B2C), capital, and media visibility. Private and public marijuana companies and brands in the US and Canada rely on CFN Media to grow and succeed.
Except for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC, which owns CFN Media and CannabisFN.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. Emerging Growth LLC may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. For full disclosure please visit: .
CFN Media
Frank Lane
206-369-7050
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Datum: 02.03.2017 - 08:00 Uhr
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News-ID 1490206
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