KELOWNA, BC / ACCESSWIRE / September 29, 2015 / Laguna Blends Inc. (the "Company" or "Laguna") (CNSX: LAG) is pleased to announce that it has received approval from Health Canada for three additional powdered flavours: PRO369 Chocolate Banana, Mixed Berry and Vanilla Caramel. On Sept. 22nd, 2015 Laguna announced that it had received approval for Pro369 Tropical Powder.
The Minister of Health has granted Laguna a product license along with a Natural Product Number ("NPN") for all four of the Pro369 Flavours. They are all listed under the same NPN.
Laguna intends to market the listed four powdered flavours of its unique hemp proteins through its planned affiliate network.
"I am ecstatic that Laguna has approvals for all four of our Pro369 hemp protein products," stated Stuart Gray, President and CEO. "In addition to hemp protein contained in our products they also contain Ginseng and HempOmega (TM). Products approved by Health Canada provides credibility to Laguna and its affiliates in the marketplace."
Naturally Splendid Enterprises Ltd. (the "Naturally Splendid" or "NSE") (TSX Venture: NSP) provided the research and development of all four of the flavours of Pro369. In addition Laguna and NSE have entered into a manufacturing agreement for Pro369.
About the Health Canada approval: In order to obtain authorization to legally sell a natural health product in Canada, a product license application must be submitted to Health Canada. To obtain a license to sell a natural health product, applicants must give detailed information about the product to Health Canada, including: medicinal ingredients, source material, dosages, potency, non-medicinal ingredients and recommended use(s). The safety and efficacy of natural health products and their health claims must be supported by in-depth, scientific evidence so that consumers and Health Canada know the products are indeed safe and effective and to ensure benefits outweigh risks. Evidence may include clinical trial data or references to published studies, journals, pharmacopoeias and traditional resources. The type and amount of supporting evidence required depends on the proposed health claim of the product and its overall risks.
Once Health Canada has assessed a product and deemed it to be safe, effective and of high quality, they will then issue a product license along with an eight-digit NPN.
Pro369 - is a variety of unique 30g single serving ("on the go") hemp protein powder drink mixes which are available in various flavours. The hemp proteins are water soluble and can be directly mixed in water or added to almond, coconut or regular milk. In addition, the hemp protein can also be blended into a shake or smoothie. Pro369 is considered a health industry nutritional product. In addition to Pro369 containing hemp protein, Pro369 contains HempOmega TM and Ginseng. Pro369 in also a source of Omegas, 3, 6 and 9.
About the Hemp industry: The main markets currently for hemp are the health foods, functional foods, ingredients, natural body care and cosmetics, birdseed and pet/veterinarian markets. Currently, the principal hemp markets are for hemp seed. Hemp seed attracts commercial interest because of its high protein and essential fatty acid profile. Most hemp seed (whether in seed, oil, flour / powder or in finished foods) goes into the health food sectors.
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.
* HempOmega is a registered trademark owned by Naturally Splendid Enterprises Ltd. and is used under license by Laguna Blends Inc.
ON BEHALF OF THE BOARD
"Stuart Gray"
President, Chief Executive Officer,
Chief Financial Officer and Director
FOR INVESTOR RELATIONS INFORMATION PLEASE CONTACT:
Etienne Moshevich - Transcendcapitalinc.com
(604) 512-5624
et@transcendcapitalinc.com
Laguna Blends Inc.
#302 - 1912 Enterprise Way
Kelowna, B.C. V1Y 9S9
Stuart Gray, President, CEO, CFO and Director
Tel: 250.868.0787
lagunablendsceo@gmail.com
www.lagunablends.com
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 information in this news release. The statements in this news release are made as of the date of this release.
SOURCE: Laguna Blends Inc.
