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Kona Gold Beverage, Inc Announces Biggest Quarterly Revenue in Company History
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Kona Gold Solutions, Inc : Kona Gold Beverage, Inc Announces Revenues Through May of 2021 Have Surpassed All Revenue of 2020
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To Our Shareholders:
I am very pleased to be able to communicate with our shareholders directly and to give you an update on the exciting progress and Company guidance for 2021.
Kona Gold Beverage, Inc., a holding company, has positioned itself as a leader in the functional beverage and better-for-you sectors with the development and marketing of products such as its popular Kona Gold Hemp Energy Drinks, HighDrate - the markets first CBD energy water, Storm CBD High Alkaline Water, and Ooh La Lemin Lemonade. We continue our efforts to become a national branded Company with our portfolio of beverage products by growing the company through new distribution partners, creating market awareness through strategic sponsorships and partnerships, and by developing phenomenal products that taste amazing and resonate with our consumers.
Increasing Acceptance of Refined CBD Products Fueling Accelerated Growth for Cannabis Stocks
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PALM BEACH, Fla., March 9, 2021 /PRNewswire/ Out of all cannabinoids, cannabidiol is most widely used for therapeutic reasons due to the lack of psychoactive effects. In many medical applications, cannabidiol oil (CBD) is used, such as anxiety and depression treatment, stress relief, diabetes prevention, pain relief, cancer symptom relief, and inflammation. Due to its healing properties, the demand for cannabidiol for health and wellness purposes is high, which is the major factor driving the market growth. In addition, the rising acceptance and use of products due to government approvals is a major factor expected to boost production for CBD-infused products. Due to the increasing adoption of CBD-based products to treat ailments, the global cannabidiol market is anticipated to grow at a lucrative rate over the forecast period. A recent report from
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MELBOURNE, Fla., Feb. 9, 2021 /PRNewswire/ Kona Gold Beverage, Inc. (OTCQB: KGKG), a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, is pleased to announce it has signed a distribution agreement with Tennessee based Lipman Brothers. Lipman Brothers will distribute OOH LA Lemin throughout the state of Tennessee for the Company.
Established in 1939, Lipman Brothers was the first distributor of wine and spirits in Tennessee. With an extensive wholesale portfolio of wine, spirits, beer, bottled water, mixers, Riedel crystal and cigars; Lipman Brothers has proven leadership in the marketplace for more than 80 years. Lipman Brothers corporate headquarters is located in Nashville, TN, with additional facilities in East Tennessee. The company services all trade channels including retail, grocery, convenience and bars/restaurants.
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