Kona Gold Solutions, Inc. Acquires Gold Leaf Distribution LLC
January 24 2019 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions, Inc. Acquires Gold Leaf
Distribution LLC
Company will begin distributing its products in the
Florida Markets
Melbourne, FL
-- January 24th, 2019 -- InvestorsHub
NewsWire -- Kona Gold Solutions, Inc. (OTC Pink:
KGKG), a hemp and CBD lifestyle brand focused on product
development in the functional beverage sector,
is pleased to announce they have acquired the
newly formed distribution company, Gold Leaf Distribution,
LLC. Gold Leaf Distribution, a Florida based company, has
purchased its first beverage truck, which will be fully wrapped to
advertise Kona Gold Hemp Energy Drinks, HighDrate CBD Energy
Waters, and Storm CBD Waters. The Company is presently
conducting interviews to hire a full-time beverage sales
person/driver that will establish new distribution routes in the
Melbourne-Orlando Florida markets.
The
Company plans to establish its new distribution model in its local
markets and then replicate the model in markets it wants to enter
quickly and does not currently have distribution. Kona Gold’s
strategic plan is to have 5-10 beverage trucks in various markets
by the end of 2019. Each beverage route is estimated to bring
additional revenue of $10,000 to $20,000 per month. The
Company is currently developing Gold Leaf Distribution’s website,
which can be found at
www.goldleafdist.com.
“With the
addition of Gold Leaf Distribution, we have the ability to control
and focus entirely on our brands, which will add a unique
capability for Kona Gold. Our initial coverage area will be
in and around our corporate office in Melbourne, FL,” stated Chris
Selinger, V.P. of Sales of Kona Gold. “Our Sales team will
increase brand awareness and saturate the market with our entire
line of products.”
“The acquisition of Gold Leaf
Distribution creates a huge opportunity for the Company and will
add a great stream of revenue that will grow as we establish routes
and add more trucks,” stated Robert Clark, CEO of Kona Gold. “Our
V.P. of Sales, Chris Selinger, will lead interviews and oversee
training as we hire our first beverage sales person/diver.
Chris has many years of experience and success in creating
distribution routes and opening up accounts and we couldn’t have a
better person leading this initiative. Our goal is to have
this position filled this month with a start date in early
February.”
For more information regarding Kona
Gold Solutions, please visit:
http://www.konagoldhemp.com
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
For more information regarding
HighDrate, please visit:
http://www.highdrateme.com
https://www.facebook.com/HighDrateMe/
https://twitter.com/highdrateme
https://www.instagram.com/highdrateme/
Kona Gold Solutions,
Inc.:
Kona Gold Solutions, Inc., a Delaware
Corporation, has created wholly owned subsidiaries, Kona Gold LLC
and HighDrate, LLC. Kona Gold, LLC has developed a premium
Hemp Infused Energy Drink line; please visit the Company’s website
at www.konagoldhemp.com. HighDrate, LLC has
developed the beverage industry’s first CBD Energy Water, available
in 4 delicious flavors; please visit the Company’s website
at www.highdrateme.com. The Companies are
located on the east coast of Florida in
Melbourne.
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
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