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ROCKLEDGE, Fla., July 24, 2018 (GLOBE NEWSWIRE) -- Kona Gold Solutions, Inc. (OTC Pink:KGKG), a hemp lifestyle brand focused on product development in the functional beverage sector, is pleased to announce its move into the state of Massachusetts by securing a new distribution partner in Marston Mills. The Marston Mills distributor will be distributing the Company’s Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters. This announcement comes on the heels of the Company’s announcement of its new distribution partner in San Diego, California, who has pushed Kona Gold Hemp Energy Drinks into more than 30 retailers within their first 30 days of receiving product.
Kona Gold has announced they will be producing its premium Hemp Energy Drinks in new, slim line 12 oz. printed cans to meet customer demand. The new 12 oz. cans will be an extension of the Company’s popular hemp energy drink line, offering the same great taste, but with natural ingredients, more organic hemp protein and more caffeine.
The Company recently recorded a record quarter, posting its highest quarter revenue since inception from sales of its Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters. Financials from Q2 will be posted in the Company’s Financial Disclosure this month on the otcmarkets.com website along with Company updates on all fronts.
“It’s exciting to see the sustained growth the Company continues to experience this year, signing five new distributors in recent months,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “The move to our new, larger corporate headquarters couldn’t have come at a better time as we are about to place large product orders to fulfill the demand from our distribution and retail partners.”
Clark continued, “We are in the process of formulating a new hemp infused energy drink, with the same great taste, but natural ingredients, more organic hemp, and a little more caffeine and will be producing these in new, beautiful, 12 oz. slim line printed cans. These changes are the culmination of customer feedback and market demand and will open up more opportunities for the company.”
Kona Gold is in the process of selling its wholly owned subsidiary, BitHive Mining, LLC, to a private company as they leave the cryptocurrency market to focus on the Company’s core beverage business.
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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.
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