ROCKLEDGE, Fla., March 19, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE– Kona Gold Solutions, Inc. (OTC Pink:KGKG), a hemp lifestyle brand focused on product development in the functional beverage sector, has announced its wholly owned subsidiary, HighDrate, LLC, is entering the Chicago market with its new CBD Energy Waters. The Company’s new distribution partner, 1 Oak Wholesale, based in Addison, IL, will distribute the Company’s HighDrate CBD Energy Waters in Chicago and surrounding areas.
The Company has been aggressively pursuing distribution partners for its Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters.
“Our new HighDrate CBD Energy Waters has hit the market with a splash with overwhelming positive feedback from customers and quick re-orders from our retailers around the country,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “I am very excited to announce our first distribution partner of our HighDrate CBD Energy Waters just three months after launch.”
Clark continued, “We are in talks with several additional distribution partners and hope to close at least one of those deals very soon. We are off to an excellent start in the first quarter of 2018 with revenue outpacing the Company’s previous quarter and expect the momentum to continue. We will be posting the Company’s annual disclosure within the next couple of weeks along with a CEO letter recapping 2017 and outlining our strategy and goals for 2018.”
The Company recently announced they will be moving into a new 4,500 square foot office and warehouse space, which will allow accommodations for personnel growth and product expansion for wholly owned subsidiaries Kona Gold, LLC, HighDrate, LLC, and BitHive Mining, LLC. The move in date was slated for June 1st, but build out of the new offices is ahead of schedule and the Company is looking to occupy its new Corporate headquarters ahead of schedule.
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Kona Gold Solutions, Inc.:
Kona Gold Solutions, Inc., a Delaware Corporation, has created wholly owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and BitHive Mining, LLC. Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line, Energy shots, and Apparel; please visit the Company’s website at www.konagoldhemp.com. HighDrate, LLC has developed the beverage industry’s first CBD Energy Water, available in 4 delicious flavors; please visit the Company’s website at www.highdrateme.com. BitHive Mining, LLC will be solely focused on mining cryptocurrencies via custom built mining hardware. The Companies are located on the east coast of Florida in Rockledge, FL.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company’s control.
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