Kona Gold Solutions, Inc. Signs Distribution Agreement with Imperial Beverage
August 23 2019 - 9:00AM
InvestorsHub NewsWire
Kona Gold Solutions,
Inc. Signs Distribution Agreement with Imperial
Beverage
Imperial
Beverage places 20 pallet order of Kona Gold Hemp Energy
Drinks
Melbourne,
FL -- August 23, 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 signed a distribution agreement with Michigan based
Imperial Beverage. Imperial Beverage brings Kona Gold Hemp
Energy Drinks into the state of Michigan, where Kona Gold
previously did not have distribution. Imperial will
distribute the Company’s popular products across the entire state
of Michigan.
Imperial
Beverage is a long-standing member of the Michigan beverage
distribution community. Established in 1933 after the repeal of
prohibition and purchased by Kalamazoo’s Cekola family in 1984,
Imperial has grown from a one county beer distributor to a top 10
statewide beer, wine & spirits wholesaler. With 350 employees
and 4 locations in Kalamazoo, Livonia, Traverse City and Ishpeming,
Imperial provides statewide coverage that serves every Michigan
County, every week, all year long.
Imperial’s
knowledgeable staff works with its customers to fulfill its passion
statement “Helping People Succeed,” by building profit and identity
in their restaurants and retail locations through the selection of
fine wines, craft beers, ciders, spirits, sodas and mixers from our
diverse portfolio.
“I am
delighted to announce Kona Gold is coming to the great state of
Michigan by way of our new distributor partnership with Imperial
Beverage,” stated Chris Selinger, V.P. of Sales of Kona Gold
Solutions, Inc. “Imperial Beverage’s capabilities and experienced
team will be vital to our success in Michigan, and we couldn’t have
partnered with a more talented team in that
region.”
Kona Gold
now has distribution in 36 states within the United States.
The Company has 69 distribution partners distributing its Kona Gold
Hemp Energy Drinks and HighDrate CBD Energy Waters. Kona Gold
is coming off its first profitable quarter with over $720,000 in
revenue for the second quarter of 2019.
For more
information regarding Imperial Beverage please
visit:
http://imperialbeverage.com/
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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