$LAGBF Laguna Blends aims to become a market leader in the distribution of hemp and CBD products by acquiring and incubating companies in the space. Recently, the company announced that it signed a letter of intent to acquire a leading cannabis firm with unaudited annual sales of $12 million and adjusted EBITDA of $1,588,000. The transaction would occur for cash and stock consideration totaling $12.5 million, making it an attractive acquisition for shareholders.

http://finance.yahoo.com/news/laguna-blends-m...NlYwNzYw--

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