Kona Gold Solutions, Inc. Announces New Distribution Partner in California
June 21 2018 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions,
Inc. Announces New Distribution Partner in
California
The
Company is recording its highest revenue during the second quarter
of 2018
Rockledge,
FL -- June 21, 2018 --
InvestorsHub NewsWire -- Kona
Gold Solutions, Inc. (OTC Pink:
KGKG), a hemp lifestyle brand focused on product development in
the functional beverage sector, is pleased to
announce it has secured a new distribution partner in San Diego,
California. California High
Beverages will be distributing Kona Gold Hemp Energy Drinks in San
Diego and the surrounding areas.
The
Company has been working to establish market presence on the west
coast of the United States and has successfully penetrated that
market.
Last
month, Kona Gold announced two new distribution partners in New
York and Bermuda, landing the Company’s first distributor outside
of the United States. The Company’s New
York distributor has already placed a re-order for another pallet
of product in less than a month’s time.
Kona
Gold continues to discuss potential distribution deals with
national and international distributors.
Over the
past month, Kona Gold has added new retailers in Florida,
California, and Massachusetts and continue to see an increase in
re-orders from existing retailers for their Kona Gold Hemp Energy
Drinks and HighDrate CBD Energy Waters.
The
Company recorded a record month in April, posting its highest
one-month gross revenues of over fifteen thousand dollars ($15,000)
from sales of its Kona Gold Hemp Energy Drinks and HighDrate CBD
Energy Waters and continue on a strong revenue path setting records
for the second quarter of 2018.
On top
of record sales and product pull through, the Company has recently
completed their move to its new state of the art Corporate
Headquarters in Melbourne Florida. Their new facility
boasts 2,000 sq ft of office space and 2,500 sq ft of warehouse
space.
“The
company is firing on all cylinders with adding new distribution
partners, setting revenue records, and settling into our new
Corporate Headquarters,” stated Robert Clark, CEO of Kona Gold
Solutions, Inc. “Our second quarter revenue is approaching our
total revenue of 2017. We continue to
position the Company to be a national brand in its respective
market place.”
Clark
continued, “I know our shareholders have been patiently waiting for
news regarding the uplist to the OTCQB market tier, and we have
prioritized the uplist and are currently working with our auditor
to complete the requirements set forth by OTC.
We will
continue to provide updates as we move forward.”
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, HighDrate, LLC, and BitHive Mining,
LLC. Kona Gold, LLC has
developed a premium Hemp Infused Energy Drink line, Energy shots,
and Apparel; 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.
BitHive Mining, LLC will be solely
focused on mining cryptocurrencies via custom built mining
hardware.
The Companies are located on the
east coast of Florida in Rockledge, FL.
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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