Kona Gold Solutions Inc. (OTCMKTS:KGKG) Expanding Its Reach With 15 New Distribution Partnerships

Alan Masterson - June 26, 2019

Kona Gold Solutions Inc. (OTCMKTS:KGKG) has announced that in last 45 days, the company has partnered with around 15 new distributors. Kona Gold Solutions is a hemp and CBD lifestyle company that focuses on product development, mainly in the functional beverage segment.

The signing of distribution partnerships

With the signing of these new distribution partnerships, the company continues to grow its national foothold and its popular CBD Energy Water and Hemp Energy Drinks will now be available in six additional new states and eight states overall that Kona Gold has distribution in currently. In the last 75 days, the company has taken its distribution partnerships to 31 as part of its aggressive move to grow the company and expand its reach and market presence across the US as a national brand. Currently, Kona Gold has distribution partnerships in 30 states in the US.

On June 1, 2019, the company signed a lease on its Greer, SC new distribution center. The 15,000 square feet new distribution center is currently fully operations, and so far it has received the first truckloads of the company’s Hemp Energy Drinks. Kona Gold’s Sales Vice President Chris Selinger is expected to head the new distribution center. Most recently the company hired a warehouse manager who will be responsible for handling all the day-to-day logistics and operations of the new Greer, SC distribution location.

Kona Gold expects to continue expanding in 2019

Kona Gold CEO, Robert Clark, stated that the company has had tremendous growth in 2019 and that they expect more good and exciting things in their pipeline. He added that the company’s products are currently available in 30 states across the country, and the company has progressed well in getting distribution inquiries. He further indicated that Kona Gold is not just adding distribution partners in new states, but the company is also focused on expanding its reach in states that it currently has operations.

The Sales VP, Chris Selinger, stated that they were delighted about the sentiment around Kona Gold and HighDrate and the opening of the South Carolina distribution center will enhance the capacity and capability to serve the company’s expanding distribution network.

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Alan Masterson

Alan has over 25 years of trading experience in the U.S. equity markets. He began his career in finance working on a program trading desk specializing in over-the-counter stocks. His career progressed from that point to his current position as senior trader on an institutional trading desk. In the evenings, Alan teaches economics at a local community college. He has contributed articles to various publications over the last six years, including feature articles for an economics magazine and various financial blogs. You may contact Alan via his email ([email protected]) or his Google+ page (https://plus.google.com/103338576216002376250).

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