KELOWNA, BC / September 28, 2015 / Laguna Blends Inc. (the "Company" or "Laguna") ($LAG:CNX) is pleased to announce that it has been selected by the Marijuana / Hemp Index for inclusion in its MJIC reporting company index.
What started as the leading marijuana index has quickly become a leading hemp index.
The MJIC Index is a leader in featuring public companies involved in the legalized marijuana, cannabis and hemp sector. They provide the most robust data set in the industry with a perpetually expanding assemblage of information available to brokers, analysts, investors and media.
"Laguna is pleased to have been included in the MJIC Index in only three short days since going public on the Canadian Securities Exchange," commented, Stuart Gray, President and CEO. "The index mostly includes marijuana related companies so it's an extra privilege to be included in the index as a functional beverage company with hemp protein products. This index will allow our shareholders access to realtime industry data and an expansive set of tools to better follow our company and industry developments. Laguna's inclusion in the Index is an important step in providing further awareness to a brand new network of potential investors that are looking for diversification from the marijuana industry which is so heavily regulated. Since hemp nutritional products are legal / mainstream products in the USA and Canada we feel we are an excellent addition."
About the MJIC marijuana / Hemp Index
The MJIC Index is the first and only marijuana / hemp Sector benchmark index series, measuring the combined performance of globally listed marijuana and hemp stocks. The Index series is calculated by using (Equal-Weight), providing a fair and balanced benchmark calculation methodology, for diverse stocks covered. The index provides existing and prospective investors with a targeted and centralized view of these pioneering securities which are positioned within a multi-billion dollar growth industry. Information and articles are shared from around the web on the industry as it unfolds throughout the United States and the world. The mission of the index is to become the centralized hub of communication between marijuana, cannabis, and hemp companies and the investment marketplace following the industry.
About Laguna Blends Inc.
The Company's business is focused on the nutritional health benefits derived from hemp. Laguna is a network marketing company that intends to generate retail sales through independent affiliates. Affiliates utilize tools and technology that enable them to build an international business from their own home or while travelling. The first products to be launched are functional beverage products that provide high levels of protein and or nutrition.
Laguna's products are made from high quality hemp protein. Some of the current products are, "Caffe" an instant, "just add water" hot coffee beverage that contains both whey and hemp protein. In addition, the Company plans to market a product called Pro369. This unique single serving "on-the-go" hemp protein is served cold and comes in 4 delicious flavors. Pro369 is water soluble and can be directly mixed in water or added to milk, almond milk or coconut milk. Pro369 can be blended in a shake or smoothie. The Company intends to sell its products through its independent affiliates in the USA and Canada and anticipates launching its business in the fall of 2015.
ON BEHALF OF THE BOARD
"Stuart Gray" President, Chief Executive Officer, Chief Financial Officer and Director
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Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws statements regarding the Company's business, products and future plans including, without limitation, statements regarding the expected launch date for 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 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 3 information in this news release. The statements in this news release are made as of the date of this release.
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