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Kona Gold owns Gold leaf Distributors
They are opening a second area of distribution in South Carolina.
Along with distributing Kona Gold Products and HyDrateMe. They will be offering the Aloe King. It comes in various flavors. Available in 1.5 Liter and 16.9 oz containers.
There is some difference in announcing Kroger stores but Must be Bi-Lo since they are only a 15 Min drive to Headquarter for Bi-Lo from KGKG's warehouse in Greer. There are a lot more Bi-Lo's in S.C. than Kroger.
Also in same paragraph in p/r they mentioned they will also have Storm Waters also.
So really looking great for KGKG's subsidiary.
Looks like we are going to be closer to opening the Kroger doors for KONA GOLD!!!
QUOTE
Gold Leaf will be supplying all Kroger Grocery stores and other existing customers in its new South Carolina territories along with distributing the beverages in its Florida territories.
Let us not forget that in about 2-3 weeks we should see the launch of the "PINK GRAPEFRUIT" .
Now we are also talking about line expansion this month, this quarter!!!
If history repeats then we should get a PR within the next 3 days.
Usually KGKG puts out a PR shortly after VATE does. !!!!
NEXT WEEK TURNAROUND !!!!!! IMOP
DEA affirms hemp’s new status, sends notice that plant is legal
Published August 26, 2019
More than six months after hemp was made legal in the United States, federal drug authorities have updated their guidance to remind law enforcement that hemp is no longer a controlled substance.
A notice posted Monday by the U.S. Drug Enforcement Administration (DEA) cited the 2018 Farm Bill in noting that “certain forms of cannabis no longer require DEA registration to grow or manufacture.”
The agency went on to say that “hemp, including hemp plants and cannabidiol (CBD) preparations at or below the 0.3 percent delta-9 THC threshold is not a controlled substance.”
The DEA notice didn’t change the law or make hemp legal; that occurred last year.
But because the agency had yet to remind national law enforcement through its regular bulletins that hemp is legal, some hemp businesses found themselves fighting legal confusion about the plant’s status.
Attorneys who represent hemp clients told Hemp Industry Daily that the DEA statement is an overdue affirmation of cannabis legality.
The DEA also announced Monday that it will expand research on higher-THC varieties of cannabis classified as marijuana.
Solid
Do you think this will help PPS tomorrow !!!! [/b
https://hempindustrydaily.com/dea-affirms-hemps-new-status-sends-notice-plant-is-legal/
10's are back and going strong. Market liked that New distr. and 20 pallet order!!!!
I think we have run the course for the normal morning flippers and time to gain a little traction.!!!
Time to travel to something else.
KGKG IS IN THE HEMP BUSINESS NOT MJ
whoever posted on that other sight is mistaken.
Do you happen to know just how many Distributors we have??
I get confused about that number from overlapping day between numbers in the p/r's
TIA
Some 7-11's have been landed by independent distributors.
They have not been secured by chain. Lot's of stores are independently owned and run by the manager and it's up to them to carry product or not.
Corporate 7-11 is not on board at this time to my knowledge!!
could be they are waiting on the committee report today????
https://www.agriculture.senate.gov/hearings/hemp-production-and-the-2018-farm-bill?fbclid=IwAR3_xZTp9c1BZgs2g45qim8JM-B0PrhIhWoqiSjBZCJuqD3kMBJnZnml-Tw
It looks like a committee type of meeting for the finance dept today.
Thursday the is a larger congressional type meeting.
Typical political movement so lots of members can get their air time for
re-election exposure. This way it looks like they are doing something to win again at the poles.
They just can't get together and work out a consensus and get the ball rolling.
IMO
HELD 11'S
GOOD SIGN FOR TOMORROW !!!!!
I believe someone is banking on NEWS shortly. We are well over due on an update, new distributors, and just things in general. We need a kick start to get us out of this 10 range and get on the road again.
I was wondering if History will continue to repeat it's self.
For quite a few times whenever VATE posts NEWS. Withing a couple of days KGKG comes out with some type of NEWS. Maybe we see something by Wednesday.
Thanks for the quick deletion of excess posts. Some how it kept telling me it didn't go thru and try again. Then I saw 3 of the same post.
Thanks again.
They're not walking it down!!!
INTL came back on the ask about 10.04am @ .125 and has been sitting there ever since. INTL took it out of the .126 range and will keep it lower until he moves.
Did anyone notice that INTL is no longer on the ask. Must have run out of convertible stock !!!!
Me and my BIG MOUTH
He's back just late getting started!!!
I'M LIKE KERMIT
I LIKE GREEN -- I LIKE GREEN!!!!!!!!
INTL is still here on the ASK. As long as he is here this signify's that there are still shares to convert from before. Presently he is controlling the ask, When he is gone then we will resume our upward trend.
IMO
If you remember there was mention in a past P/R. RC mentioned they were doing about 150 pallets per month. To round out give or take a few hundred. This would be 300,000 items per month. (approx 2486 cans per pallet) We'll round that out to 2000 cans. '
If you divide 300,000 by 30 days, that is 10,000 cans per day. With even 3 cans per day per store that would be 3333.3333 stores or locations.
Now if you are realistic to average 3 cans per day is super great. But I contend there are twice that amount of locations and half of the given number are selling and the other half isn't. You sell one day and the next you don't. But it averages out in the long run.
Without being given detailed numbers individual sales will always remain a mystery. Therefore I go by number of pallets sold each month and that number keeps climbing by a good percentage.
Just my thoughts!!!
you keep referring to next month for financials. Financials are not due until 45 days after end of quarter. RC is usually a couple of days ahead of that time frame. Look at last years filings for dates on the OTC Market Board.
It is my opinion that as long as INTL sits relatively close to Lowest ask.
Then flippers will try to know down PPS in the hopes he will finally tire of waiting and dump his remaining shares for conversion at what ever price he can get. Therefore keep dropping the bid and hope for the best. Same applies to many small flippers that keep lowering the Ask to stay below INTL. This in their mind will give them some cash when ever he decides to dump.
What is needed is some super NEWS to give the ask a POP so he can go away.
JUST MY OPINION
I was just wondering if we'll make 4 Wednesdays in a row with NEWS.
We are overdue for a monthly update on the new smaller distributors.
Getting close for Chad or Chris to throw a biggie in there too.
If memory serves me correctly, Sam Walton , used that tactic while expanding and starting his Empire. And look at it NOW
I think it's silly for all the chatter and back and forth conversation about the numerous predictions happening. In reality most likely the majority will probably be right.
Over time there will be a massive up serge in the PPS. Product sales will most likely soar beyond present calculations. Thus resulting in a charge to 50-80 cents.
It is most difficult for anyone to accurately forecast, ( or impossible), what sales will be. The only thing for sure is sales are presently soaring.
In the last 8 months we have added 7 items to our product line. Sending month over month sales soaring.
Now with the start of this month we have added 2 more items. Near the end of Next week we add another 2 items. Then 2 weeks later we will add 2 more items. This is an increase in product line of almost 66% in one month. That's an increase of 13 products in 8 months. (or so)
As far as distributors go we've added well over 30 in the same period. We also know from posts on the FB page there are more waiting for recognition.
Not to forget whatever Chis and Chad have in store for us.
When I got into KGKG it was my last attempt in pennies. Took my last 3 grand and bought in Kona. Got the 1 for 10 divy and have been riding very comfortably since. In previous adventures lost 158 grand and use that against small flips for added cash to my social security. Need a boost every now and then 12 hundred bucks don't go very far in today's world.
Now have over 80 grand in holding with KGKG. So believe me it's nice place to sit back and relax at.
JUST MY 2CENTS WORTH!!!!!
Exactly; INTL is the largest firm to sell OTC stocks for Institutional firms. Hence selling converted stocks rapidly for their clients. Therefore allowing them the opportunity to reclaim their funds invested in OTC ventures. (also allowing for a tidy profit)
Therefore seeing them here, ,now, it is a strong indication that they are doing exactly that!!!
But like "BAD GAS" they too shall pass!!!!
We need a lot more buying at these level's to get rid of INTL. Until he's gone he will continue to dump converted shares at bargain prices.!!!!
At least INTL is gone!!!
Pardon me he must have gone for a coffee break HE'S BACK
Lucky Puppy!!!
With me==No Money-No Funny
maybe next time
Totally agree
When you look at INTL sitting there dumping conversions it explains itself.
When he decides to resume up we go
Looks like a retesting of .133 area this morning when testing is done it should resume upward trend.
Looks to me like INTL is still converting some preferred shares
What 's your opinion on this News article on Legislation???
https://realmoney.thestreet.com/investing/cannabis/the-usda-legalized-thc-but-no-one-noticed-14976778
I wonder how many peeps read this part in the P/R today.?
"our other great tasting hemp energy drinks that are already distributed in over 30 states around the country."
If memory serves me correct. The last time we heard about how many states we were in it was 24. So I guess we picked up 6 more!!!!
More like thousands of stores NOW!!!!
Looks like the MM's had a big client at .1352 that needed filling. Time to start working uphill again.