Kona Gold Beverage, Inc. Signs Distribution Agreement with Lipman Brothers to Distribute OOH LA Lemin in Tennessee
February 09 2021 - 9:15AM
InvestorsHub NewsWire
Kona Gold Beverage, Inc. Signs Distribution Agreement
with Lipman Brothers to Distribute OOH LA Lemin in
Tennessee
Melbourne, FL -- February 9, 2021 -- InvestorsHub
NewsWire -- Kona Gold Beverage, Inc. (OTCQB:
KGKG), a holding company focused on product development in the
better-for-you and hemp and CBD functional beverage sector, is
pleased to announce it has signed a distribution agreement with
Tennessee based Lipman Brothers. Lipman Brothers will
distribute OOH LA Lemin throughout the state of Tennessee for the
Company.
Established
in 1939, Lipman Brothers was the first distributor of wine and
spirits in Tennessee. With an extensive wholesale portfolio of
wine, spirits, beer, bottled water, mixers, Riedel crystal and
cigars; Lipman Brothers has proven leadership in the marketplace
for more than 80 years. Lipman Brothers’ corporate headquarters is
located in Nashville, TN, with additional facilities in East
Tennessee. The company services all trade channels including
retail, grocery, convenience and
bars/restaurants.
Lipman
Brothers is committed to being the Distributor of Choice to three
important constituencies: retailers, suppliers and consumers. The
company delivers wine, spirits and beer to 74 of the 96 Tennessee
counties, representing over 77% of the state’s population. As a
family-owned and operated enterprise, Lipman Brothers continues to
serve as an educational resource for both trade and consumer
markets.
“We are excited to begin this new partnership as we
continue to broaden our presence in the Southeast,” stated Chris
Selinger, VP of Sales of Kona Gold Beverage, Inc. “Lipman Brothers
further expands our distribution capabilities into the great state
of Tennessee. This partnership solidifies Kona Gold Beverages
strategy to increase the availability of our brands through DSD
distribution as well as regional and national chain
authorizations.”
For more information regarding Lipman Brothers please
visit:
https://lipmanbrothers.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
Kona Gold Beverage (PK) (USOTC:KGKG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Kona Gold Beverage (PK) (USOTC:KGKG)
Historical Stock Chart
From Sep 2023 to Sep 2024