The common shares were returned to the treasury and they were issued Series D Preferred shares instead; they have a 60:1 conversion rate.
From KGKG's latest 10Q:
Listed in the Statement of Stockholders is Kona Gold Solution, Inc.’s ownership of 2,476,722 shares of Elev8 Brands, Inc. Preferred Series D shares valued at $5,944,133 as of 09/30/2018.