Kona Gold Solutions, Inc has Record Month in May with over $200,000 in Revenue
June 05 2019 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions, Inc has Record Month in May with
over $200,000 in
Revenue
Melbourne, FL
-- June 5, 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 it had a record month in May with revenue just over
$200,000 from sales of its popular Kona Gold Hemp Energy Drinks and
HighDrate CBD Energy Waters. The Company continues to exceed
revenue projections and is on track to hit $600,000 in revenue for
the second quarter of 2019. Kona Gold originally projected
second quarter revenue of $400,000, which it has already surpassed,
with almost a full month remaining in the
quarter.
Kona Gold recently launched two new
flavors of its Kona Gold Hemp Energy Drinks during the last week of
May, extending that product line to 7 flavors. The Company
anticipates a spike in revenue for the month of June from its two
new flavors of Kona Gold and two new flavors of HighDrate CBD
Energy Waters that are expected to launch in the next two weeks,
along with the launch of the Company’s highly anticipated Storm CBD
High Alkaline Water later this
month.
“The Company is growing at its fastest
pace ever, adding more distribution partners, in more states,
quickly growing our market share and market presence in the hemp
and CBD beverage space,” stated Robert Clark, CEO of Kona Gold
Solutions, Inc. “We are now seeing shorter durations between
re-orders and larger re-orders from our distribution partners,
which is a key indicator of the success our products are having in
the market place.”
Clark continued, “Our recent launch of
our two new Kona Gold flavors, Bubble Gum and Candy Apple, was very
successful with over $5,000 in Amazon sales in the first 24 hours
alone. Our distributors are now receiving the new flavors and
they are quickly getting them on shelves in grocery markets and
convenience stores around the
country.”
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 Gold Leaf Distribution, 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. Gold Leaf Distribution, LLC was created to
fill the Company’s distribution needs in markets it wants to
quickly enter. 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:
Robert
Clark
844-714-2224
investorrelations@konagoldhemp.com
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