Maybe someone who has difficulty reading fins also needs to re read the news article:
Melbourne, FL May 21, 2020 /PRNewswire/ -- 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 an increase in sales during the second quarter of 2020. The Company has reported an increase
of sales in its wholly owned subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC.
Kona Gold’s statewide distributor in Alabama, Alabev, hit their Q1 target numbers in sales of Kona
Gold’s hemp energy drinks, and excitement around the brand has grown. The two companies worked
together on an incentive program to get product into the market, which was extremely successful. The
Company’s statewide distributor in Michigan, which currently distributes Kona Gold’s hemp energy
drinks, will be bringing the Company’s HighDrate CBD Energy Waters and Storm CBD Waters into their
markets next month.
Kona Gold is currently in discussions with large distribution houses in Florida, Virginia, West Virginia,
Wisconsin, Minnesota, and Kansas. The Company continues to work with a large Southeast grocery
chain to brings its Kona Gold Hemp Energy Drinks into their stores. As the economy begins to open up
and loosen restrictions associated with COVID 19, the Company has seen an increase in engagements to
bring its products to new distributors and retail locations.
Gold Leaf Distribution, who distributes Kona Gold products and other beverage products in Florida and
South Carolina, continues to experience month-over-month growth and is having a record month in May.
Gold Leaf delivers product to almost 700 retail locations, including over 200 Circle K’s, BI-LO’s, Piggly
Wiggly’s, 7-Eleven’s, BP’s, and many various independent retail locations.
“With states reopening and restrictions loosening up due to COVID 19, we are now seeing an increase in
orders and demand for our products,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “The
Company made a strategic move late last year to pursue larger distributors and we are now seeing those
efforts pay off with the success in Alabama and Michigan in our statewide distribution there. We have
seen an increase in distributor orders this month and anticipate June to be a strong month for sales as the
Country shifts back to a bit of normalcy.”
Clark continued, “Recently, Anheuser-Busch distributors around the country that had exclusive contracts
to distribute a leading energy drink, had those contracts terminated as Pepsi Co is now taking over
distribution of that brand. This has created opportunities in many states and our team has already begun
reaching out, sending samples, and setting up meetings with many of these distribution houses.”
Kona Gold continues to support its projections of $6-8 million in revenue for 2020. The COVID 19
pandemic has impacted the Company with a slow start in 2020, but current pipeline fill and developments
have the Company on pace to hit those numbers in the second half of 2020
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