Kona Gold Solutions, Inc. (OTC Pink: KGKG) is engaged as a hemp lifestyle company, which primarily operates within hemp-based beverages. Shares of the hemp beverages company surged 60% during trading on Thursday, October 11, 2018. Over the past month, Kona Gold Solutions, Inc. has seen average daily volume of 7.34 million shares. However, volume of 48.73 million shares or dollar volume of $1.79 million, exchanged hands on Thursday.
Shares of Kona Gold Solutions surged on Thursday, after the company announced two new flavors coming to its Kona Gold hemp energy drink product line. In late November, the company plans to release Cherry Vanilla and Cotton Candy flavors for its hemp-based beverage. In addition, the company announced that it has signed with two new distributors to product a new larger 12oz slim can, which will replace the old 8.4oz-sized cans. Here is the full press release detailing of the new hemp beverage flavors:
Kona Gold Solutions, Inc. Press Release:
MELBOURNE, Fla., Oct. 10, 2018 (GLOBE NEWSWIRE) — Kona Gold Solutions, Inc. (OTC Pink: KGKG), a hemp lifestyle brand focused on product development in the functional beverage sector, is pleased to announce the Company is extending its popular Hemp Energy Drink product line to include new exciting flavors. Two new flavors Kona Gold is developing and planning to bring to market in late November are Cherry Vanilla and Cotton Candy. The Company has compiled feedback and statistics from industry experts and several large distribution houses to determine what flavors would be the most successful.
This announcement comes on the heels of the Company signing two new distributors in North and South Carolina. The Company is also producing its new larger 12 oz slim line cans that will be replacing its 8.4 oz offering. The new 12 oz Hemp Energy drinks will be available in late October and will include Kona Gold’s popular Classic, Sugar Free, and all new Platinum flavors.
“After gathering key statistics and feedback from our own VP of Sales, industry experts, and large distribution houses, we are excited to be announcing the Company is developing two new amazing flavors for our Kona Gold Hemp Energy Drink line, Cherry Vanilla and Cotton Candy,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Expanding our product line to include more flavors is crucial to building our market presence and will provide a variety of product offerings to our consumers.”
Clark continued, “We are starting production on our Hemp Energy Drinks in new 12 oz slim line cans, which will be replacing our current 8.4 oz offering and includes our new Platinum flavor that we are really excited about. The new Platinum flavor is produced with natural ingredients, pure sugar cane, and is one of the best tasting energy drinks that will be on the market. By late November the Kona Gold Hemp Energy Drink line will be offered in five amazing flavors, which is key to several large potential distribution deals the Company is currently working on.”
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Kona Gold Solutions, Inc.:
Kona Gold Solutions, Inc., a Delaware Corporation, has created wholly owned subsidiaries, Kona Gold LLC and HighDrate, LLC. Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line; 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. The Companies are located on the east coast of Florida in Melbourne.
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.
Source: SpotLight Growth Canabis
Kona Gold Solutions, Inc. (OTC Pink: KGKG) Surges 60% After Announcing New Flavors To Its Hemp Energy Drink Product
SpotLight Growth Canabis