Saturday, May 18, 2019 9:07:17 AM
"The Company plans to establish its new distribution model in its local markets and then replicate the model in markets it wants to enter quickly and does not currently have distribution. Kona Gold’s strategic plan is to have 5-10 beverage trucks in various markets by the end of 2019. Each beverage route is estimated to bring additional revenue of $10,000 to $20,000 per month."
https://www.globenewswire.com/news-release/2019/01/24/1704918/0/en/Kona-Gold-Solutions-Inc-Acquires-Gold-Leaf-Distribution-LLC.html
"The location will also serve as a new Gold Leaf Distribution hub as the Company expands Gold Leaf’s distribution footprint in new markets. Gold Leaf is currently targeting potential distribution acquisitions to expand its territories and product offerings."
Also...
"Shipping lanes are very expensive out of Melbourne, FL, and the expense saved by shipping to our 40 plus distributors from South Carolina, will come close to offsetting the new monthly lease."
Gold Leaf targeting potential distribution acquisitions is awesome. And they're doing the facilities portion of the expansion at almost no added cost.
The rapid expansion of KG's infrastructure, (warehouse facilities and trucks), are just the prelude to a model of an explosive company (and stock). !0 distribution routes added by Gold Leaf alone could add $ 2.4 million of revenue alone. What will 2020 bring? And 2021? Added facilities, added routes, increased demand, products distributors....
If you aren't investing into this stock it's your loss.
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