Kona Gold Solutions, Inc. Begins Production of New Hemp Energy Drink and CBD Energy Water Flavors; Provides Revenue Guidance for the Second Quarter of 2019
April 15, 2019 at 09:00 am EDT
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Kona Gold Solutions, Inc. announced that the company has begun production of its new Hemp Energy Drink and CBD Energy Water flavors. The company's Kona Gold Hemp Energy Drink line extension will include the flavors Bubble Gum and Candy Apple. The line extension for the company's HighDrate CBD Energy Waters will include Blue Island Punch and Sour Apple. Kona Gold has been working over the last several months with its world class formulators to create new flavors that will complement and play off of the company's already successful flavor line up and will resonate with its consumers. The new flavors are slated to hit the market in late May.
For the second quarter of 2019, the company has forecasted revenues of $400,000.
Kona Gold Beverage, Inc. operates through its four subsidiaries, Kona Gold LLC (Kona), HighDrate LLC (HighDrate), Gold Leaf Distribution LLC (Gold Leaf), and Covert LLC. Kona focuses on the development and marketing of functional and better-for-you beverages: Ooh La Lemin Lemonades that are available in a variety of sparkling and non-sparkling flavors and Kona Gold Energy Drinks that are low-to-zero calorie functional beverages that are high in B vitamins, amino acids, and omegas. HighDrate focuses on the development and marketing of Cannabidiol (CBD)-infused energy waters geared to the fitness and wellness markets. Gold Leaf focuses on the distribution of premium beverages and snacks in key markets. Covert LLC operates in the consumer packaged goods (CPG) market and specializes in high-potency Delta-8, THCa, THC-P, and Kratom products. The Company sells its products through resellers. The Company's other subsidiary, Surge Distribution LLC, which is a premiere distribution company.
Kona Gold Solutions, Inc. Begins Production of New Hemp Energy Drink and CBD Energy Water Flavors; Provides Revenue Guidance for the Second Quarter of 2019