Kona Gold Solutions, Inc. Positions Itself to Be the Fastest Growing Beverage Company in the Hemp Sector; Announces Revenue Guidance for 2019
March 22, 2019 at 09:47 am EDT
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Kona Gold Solutions, Inc. has positioned itself to be the fastest growing beverage company in the Hemp sector with its popular Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters. Over the last six months, the company has signed 27 distribution partners across 16 states. Those distribution partners include four Anheuser-Busch distributors, large independent beverage distributors, and several boutique distributors.
The company has also announced revenue guidance for 2019. It expects its annual revenue to be in the range of $1.5 million to $2 million.
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 BEVERAGE, INC. 
