Kona Gold Solutions, Inc. Reports Sales Results for the Month of May 2019; Provides Sales Guidance for the Second Quarter of 2019; Plans to Launch Two New Flavors in June 2019
June 05, 2019 at 09:00 am EDT
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Kona Gold Solutions, Inc. reported sales results for the month of May 2019. For the month of May 2019, the company had a record with revenue just over $200,000 from sales of its popular Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters.
The Company continues to exceed revenue projections and is on track to hit $600,000 in revenue for the second quarter of 2019. Kona Gold originally projected second quarter revenue of $400,000, which it has already surpassed, with almost a full month remaining in the quarter.
The company announced that two new flavors of HighDrate CBD Energy Waters that are expected to launch in the next two weeks, along with the launch of the Company's highly anticipated Storm CBD High Alkaline Water later this month.
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. Reports Sales Results for the Month of May 2019; Provides Sales Guidance for the Second Quarter of 2019; Plans to Launch Two New Flavors in June 2019
KONA GOLD BEVERAGE, INC. 
