Laguna Blends Inc. (LAGBF) Receives High Equity Rating as Fundamental Research Corp. Initiates Coverage
Laguna Blends Inc. (OTC: LAGBF) is a relatively new multi-level marketing (MLM) company that focuses on generating sales of functional, hemp-based beverage products. LAGBF was formed in 2014 and has seen tremendous growth since then. Stuart Gray, CEO of Laguna Blends, owns 18.5 percent of the outstanding shares. The company currently offers two hemp-based functional beverages: Caffe and Pro369. Although the market is relatively young, Laguna Blends chose the hemp market because it offers multiple health benefits to its users. Hemp, a member of the cannabis family, is receiving focus because of its potential use in health foods and functional…