Kona Gold Beverage, Inc. Announces Distribution Expansion with Odom Corporation
February 02 2021 - 9:00AM
InvestorsHub NewsWire
Kona Gold Beverage,
Inc. Announces Distribution Expansion with Odom
Corporation
Melbourne, FL -- February 2, 2021 -- InvestorsHub NewsWire -- Kona Gold Beverage,
Inc. (OTCQB:
KGKG), a holding company focused on product development in the
better-for-you and functional beverage sector, is pleased to
announce the expansion of OOH LA Lemin’s distribution footprint
with The Odom Corporation. Odom currently distributes OOH LA
Lemin in the states of Washington and Oregon. Kona Gold
Beverage plans to launch a cooler program where OOH LA Lemin will
have 8 facings (1 full shelf) in 120 of Odom’s top independent
accounts.
The Odom
Corporation is a family-owned business that distributes the best in
brand-name beverages throughout Alaska, Washington, Idaho, Oregon
and Hawaii. Since 1934, Odom has built and maintained lasting
relationships through the principles of commitment, integrity,
quality products and superior service. They take pride in these
traditions and are dedicated to maintaining them for generations to
come. Odom was proudly named Market Watch’s 2018 Beer
Wholesaler of the Year. In
2019, The Odom Corporation was nominated for the Anchorage Chamber Gold Pan
Awards for Business Excellence.
“I’m
excited to announce to our shareholders that OOH LA Lemin will be
expanding its market presence in the state of Washington and Oregon
with our partner, Odom Corporation,” stated Bill Stineman, VP of
Product Management & Innovation of Kona Gold Beverage, Inc.
“Odom is one of the largest distributors in the country and has
done a phenomenal job with the brand. We are excited to be
expanding OOH LA Lemin’s market presence to an additional 120 of
their top independent stores in prime
locations.”
For more
information regarding The Odom Corporation, please
visit:
https://www.odomcorp.com/
For more
information regarding Kona Gold Beverage, please
visit:
https://konagoldbeverage.com/
About
Kona Gold Beverage, Inc.
Kona
Gold Beverage, Inc., a Delaware corporation, has created
wholly-owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold
Leaf Distribution, LLC. Kona Gold, LLC has developed a
premium Hemp-Infused Energy Drink line; please visit its website
at www.konagoldhemp.com.
HighDrate, LLC has developed the beverage industry’s first
CBD-Infused Energy Water, available in 6 delicious flavors; please
visit its website at www.highdrateme.com.
Gold Leaf Distribution, LLC was created to fill the Company’s
distribution needs in markets that it wants to enter quickly;
please visit its website at www.goldleafdist.com.
Kona Gold Beverage, Inc. recently acquired S&S Beverage, Inc.,
which manufactures and distributes LEMIN Superior Lemonade line;
please visit its website at www.drinklemin.com. Kona
Gold and its family of companies are located on the east coast of
Florida in Melbourne and in Greer, South
Carolina.
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. The Company may
also make written or oral forward-looking statements in its filings
with the U.S. Securities and Exchange Commission, in press releases
and other written materials, and in oral statements made by its
officers, directors or employees to third parties. There can
be no assurance that such statements will prove to be
accurate. The Company cautions that these forward-looking
statements are further qualified by other factors including, but
not limited to, those set forth in the Company’s Registration
Statement on Form S-1. 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.
The Company does not
undertake any obligation to update publicly or to revise any
statements in this release, whether as a result of new information,
future events, or otherwise.
Investor
Relations Contact:
Robert
Clark
844-714-2224
investorrelations@konagoldbeverage.com
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