Company’s April revenues sets record of highest one-month gross revenues to date
ROCKLEDGE, Fla., May 07, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Kona Gold Solutions, Inc. (OTC Pink:KGKG), a hemp lifestyle brand focused on product development in the functional beverage sector, is pleased to announce two new distribution deals in Bermuda and New York. The Bermuda distribution deal marks the Company’s first distribution partner outside of the United States and will be exclusively distributing Kona Gold Hemp Energy Drinks on the island of Bermuda. The Company’s new distribution partner in Upstate New York will be distributing 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. The Company has moved seven pallets of product to distributors, along with fulfilling sales to retailers and customers over the last forty-five days.
“I’m excited to be announcing that we have partnered with our first distributor outside of the United States, bringing our popular Kona Gold Hemp Energy Drinks to the beautiful island of Bermuda,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Along with our new distribution partner in Bermuda, we entered into a distribution agreement with a New York company that will also be opening a retail location in upstate New York, selling and distributing our hemp energy drinks and CBD energy waters. We are very excited for these two new opportunities and are a reflection of the growth and expansion the company is aggressively pursuing in 2018.”
Clark continued, “The last forty-five days, especially the month of April, has been extremely busy for the Company and we have experienced record growth and revenue from sales of our Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters. The Company’s core objective in 2018 is to focus on sales and to bring on new distribution partners, which we are successfully executing.”
The Company will be moving into its beautiful new corporate headquarters on June 1st in Melbourne, Florida. Kona Gold’s new corporate headquarters will be 4,500 sq ft of office and warehouse space, which will allow the company to quickly scale operations by adding new staff and housing more product.
The Company will be focusing on having its 2017 financials audited in their efforts to comply with all OTC requirements in order to uplist to the OTCQB market tier. Updates will follow as requirements are met and milestones are completed.
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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