Kona Gold Solutions, Inc. Signs
Letter of Intent to Acquire Elev8 Hemp, LLC
Elev8
Hemp will be producing premium hemp coffee
Charleston, SC -- June 2, 2016 -- InvestorsHub NewsWire --
FirstCall -- Kona Gold Solutions, Inc. (OTC
Pink: KGKG), a premier hemp lifestyle brand of exclusivity and
status, has announced that they have signed a letter of intent
(LOI) to acquire Elev8 Hemp, LLC. This will be Kona Gold Solutions
second acquisition, alongside Kona Gold, LLC, which will allow the
company to introduce new products and provide a broader reach
across the hemp industry market space.
Elev8 Hemp LLC is a newly formed company, that will bring to
market a new premium hemp seed coffee blend. Sipp Industries will
be exclusively providing to Elev8 Hemp "proprietary hemp
ingredients" for the development of their new hemp coffee brand.
Elev8 Hemp Seed Coffee will be the result of the perfect blending
of roasted, organic hemp seeds with roasted, organic, Fair-trade
Mexican coffee beans that produces a premium, delicious,
full-flavored hemp seed coffee that doesnt leave a bitter
after-taste.
"In our efforts to grow the company across multiple vertical
markets, we are excited to announce that we have signed an LOI to
acquire Elev8 Hemp," stated Robert Clark, CEO of Kona Gold
Solutions, Inc. "Elev8 Hemp will complement our other subsidiary,
Kona Gold, and allow us to expand into other markets in the hemp
industry that Kona Gold is not currently in. We will be developing
an exciting new hemp seed coffee blend that we feel will fit
perfectly under the Elev8 Hemp brand and expand our premium product
offerings."
For more information regarding Kona Gold Solutions, please
visit:
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
http://www.konagoldhemp.com
Kona Gold Solutions, Inc.:
Kona Gold Solutions, Inc. is currently in the process of
developing a premier Hemp Infused Product line. The Company
announced it has moved its Corporate Headquarters to 1591 Savannah
Hwy, Suite 201, Charleston, SC 29407. Konas new warehouse and
office space gives the Company the space needed to expand
rapidly.
The Company has created Kona Gold LLC, the Companys only
subsidiary, to begin developing its Hemp Product line. Kona Gold
will begin developing Hemp Energy Drinks, Energy Patches, Hemp
Apparel, Hemp Shampoo as well as a Hydroponics division; please
visit the Companys new website to view updates and new products
www.konagoldhemp.com
There are many hemp companies out there that get lost in the
crowd, but Kona Gold sets the gold standard with its premiere line
of products.
Safe Harbor Statement:
The information posted in this release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by use of the words "may," "will," "should," "plans,"
"expects," "anticipates," "continue," "estimate," "project,"
"intend," and similar expressions. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated. These risks
and uncertainties include, but are not limited to, general economic
and business conditions, effects of continued geopolitical unrest
and regional conflicts, competition, changes in technology and
methods of marketing, delays in completing various engineering and
manufacturing programs, changes in customer order patterns, changes
in product mix, continued success in technological advances and
delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.
Investor Relations Contact:
investorrelations@konagoldhemp.com