Kona Gold Solutions, Inc. Announces Record Sales For 2020 in June
01 July 2020 - 11:10PM
InvestorsHub NewsWire
Kona Gold Solutions, Inc. Announces Record Sales For
2020 in June
Melbourne, FL -- July 1, 2020 -- InvestorsHub
NewsWire -- Kona Gold
Solutions, Inc. (OTCQB:
KGKG), a hemp and CBD lifestyle brand focused on product
development in the functional beverage sector, is pleased to
announce it recorded its highest gross revenue for 2020 in the
month of June. The Company reported its two wholly owned
subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC, had
sales of over $100,000 and $30,000, respectfully, for the month of
June. Gold Leaf Distribution’s June revenue was also a record
for the Company in terms of monthly sales.
Kona
Gold started to see an increase in sales in late May as many states
around the country eased restrictions and started their phased
approach to opening back up. The Company attributes the
increase in sales to the increase in distributor orders,
wholesale orders, Amazon orders, and Ecommerce
orders.
Gold
Leaf Distribution, who distributes Kona Gold products and other
beverage products in Florida and South Carolina, had a record month
in June and continues to experience month-over-month growth.
Gold Leaf recently purchased it’s third side loading beverage truck
in order to keep up with demand and
growth.
“COVID-19 has had an impact on most industries, and
we were not impervious to that, but in the month of June, we got
back on track as a Company with a big uptick in orders from our
distribution partners,” stated Robert Clark, CEO of Kona Gold
Solutions, Inc. “Along with an increase in orders from our
distribution partners, we have seen a huge increase in our Amazon
sales causing us to increase how much product we send monthly to
their facilities to replenish inventory for their FBA (Fulfillment
by Amazon) program.”
Clark
continued, “We’ve seen a huge increase in new distributor requests
for product samples all around the country and have sent out more
product samples than we ever have in the past. As
restrictions ease from the COVID-19 pandemic, we are now back on
track in working with new distribution partners and pursuing
opportunities that have recently opened up. We hope to have
updates for our shareholders on some of these very
soon.”
For more
information regarding Kona Gold, please
visit:
https://www.konagoldhemp.com
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
For more
information regarding HighDrate, please
visit:
https://www.highdrateme.com
https://www.facebook.com/HighDrateMe/
https://twitter.com/highdrateme
https://www.instagram.com/highdrateme/
For more
information regarding Gold Leaf Distribution, please
visit:
https://www.goldleafdist.com
https://www.facebook.com/GoldLeafDist/
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
Infused Energy Water, available in 6 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; please
visit the Company’s website at www.goldleafdist.com.
The Companies are located on the east coast of Florida
in Melbourne and 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. 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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