Kona Gold Solutions, Inc. Continues National Growth with 15 New Distributors in 14 States
June 17 2019 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions,
Inc. Continues National Growth with 15 New Distributors in 14
States
The
Company is having a record quarter with sales currently over
$500,000
Melbourne, FL -- June 17, 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 has partnered with 15 new distributors within the last
45 days. The signing of these new distribution partners
places Kona Gold’s popular Hemp Energy Drinks and CBD Energy Waters
in six new states and eight states the Company currently has
distribution in, expanding reach and market presence in those
states. Kona Gold has now partnered with 31 new distributors
over the last 75 days in its aggressive push to grow the Company
into a national brand. Kona Gold currently has distribution
partners in 30 states.
Kona
Gold signed a lease, June 1st, on its new distribution
center in Greer, SC. The Company’s new 15,000 sq ft
distribution center is now fully operational and has received its
first truck loads of Kona Gold Hemp Energy drinks. Kona
Gold’s new distribution center will be headed by the Company’s V.P.
of Sales, Chris Selinger. The Company recently hired a new
warehouse manager that will handle all day-to-day operations and
logistics at the new Greer, SC location.
“The
Company has seen phenomenal growth in 2019 and we still have some
big and exciting things coming down the pipeline,” stated Robert
Clark, CEO of Kona Gold Solutions, Inc. “Our Company’s products are
now available in 30 states across the U.S and we continue to get
distribution inquiries at a record pace. We are not only
adding distribution partners in new states, but also growing our
reach within states we are currently in.”
“We
continue to be incredibly honored by the excitement over Kona Gold
and HighDrate,” stated Chris Selinger, V.P. of Sales of Kona Gold
Solutions, Inc. “With the opening of our South Carolina
distribution center, we will have the capability and capacity to
service our growing distributor network.”
Kona Gold continues to break sales
records and is currently having its best quarter in Company history
with revenue currently at $500,000. At current pace, the
Company is expected to post its first profitable quarter in
Q2.
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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