Kona Gold Beverage, Inc Signs Three Distribution Partners in
Oregon, Washington, and Alaska
The Company expands market presence of its Ooh La Lemin beverages
to new states
Melbourne,
FL -- September 20, 2022 -- InvestorsHub NewsWire
-- Kona Gold
Beverage, Inc. (OTCQB:
KGKG), a holding company focused on product development in the
better-for-you and hemp and CBD functional beverage sector is
pleased to announce it has signed agreements with three new
distribution partners in Oregon, Washington, and
Alaska.
Kona Gold
has been focused on bringing its beverage portfolio to the West
Coast of the United States, recently signing distribution partners
in California and Nevada.
With the
addition of Oregon, Washington, and Alaska, the Company will be
making a big market push in the remainder of 2022 and into 2023
with its Ooh La Lemin Lemonades.
Kona Gold
announced earlier this year that its Ooh La Lemin Lemonades will be
going into modular sets in Walmart stores in select
states.
With the
addition of Oregon, Washington, and Alaska, Ooh La Lemin will now
be going into modular space in approximately 600 stores. Those
stores are located in Alaska, California, Minnesota, Nevada,
Michigan, Oregon, South Carolina, Tennessee, Washington, and
Wisconsin.
Rollout to
these stores will begin next month.
"I'm
excited to share with our shareholders that we have signed three
new distribution partners on the West Coast of the U.S.," stated
Robert Clark, CEO of Kona Gold Beverage, Inc. "We recently hired
Brett Catanzaro as our West Region Territory Manager and he has
already made a huge impact with our West Coast
expansion.
We continue
to add seasoned beverage professionals to our team, which is paying
off in dividends.
We are
growing the markets that we are currently in and expanding to new
markets at a rapid pace and our team is executing exceptionally
well."
Clark
added, "We will be exhibiting at the 2022 NACS Show in Las Vegas
next month, where we had great success last year networking,
finding new distribution partners, and finding new products for our
own distribution company.
We
anticipate this year to be a more successful showing than the
previous year."
Kona Gold
Beverage recently announced its wholly owned subsidiary, Gold Leaf
Distribution LLC, posted record monthly revenue in
August.
Gold Leaf
Distribution posted approximately $348,000 in
sales.
The
increase in sales has been fueled by a culmination of expanding the
Company's sales team, adding new products, and consumer
demand.
Gold Leaf
expects to see continued growth throughout the rest of the year as
it continues to have record revenue growth in 2022.
For more
information regarding Kona Gold Beverage, please visit:
https://konagoldbeverage.com/
About Kona
Gold Beverage, Inc.
Kona Gold
Beverage, 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 its 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 its website
at
www.highdrateme.com.
Gold Leaf
Distribution, LLC was created to fill the Company's distribution
needs in markets that it wants to enter quickly; please visit its
website at
www.goldleafdist.com.
Kona Gold
Beverage, Inc. recently rebranded its Lemin Lemonade to Ooh La
Lemin Lemonade; please visit its website at
www.oohlalemin.com. Kona Gold
and its family of companies are located on the east coast of
Florida in Melbourne and in Greer and Conway 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. The
Company may also make written or oral forward-looking statements in
its filings with the U.S. Securities and Exchange Commission, in
press releases and other written materials, and in oral statements
made by its officers, directors or employees to third
parties.
There can
be no assurance that such statements will prove to be
accurate.
The Company
cautions that these forward-looking statements are further
qualified by other factors including, but not limited to, those set
forth in the Company's Registration Statement on Form
S-1.
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. The
Company does not undertake any obligation to update publicly or to
revise any statements in this release, whether as a result of new
information, future events, or otherwise.
Investor
Relations Contact:
Robert
Clark
844-714-2224
investorrelations@konagoldbeverage.com
