John Farmer
Posted by John Farmer on Jan 24, 2019 10:30:00 AM

CBD Beverage Maker Kona Gold Revenues Soar 400%

 

remi-yuan-560057-unsplashMelbourne, Florida-based Kona Gold Solutions, Inc. (OTC Pink: KGKG), a hemp and CBD beverage producer, reported its strongest quarter to date with revenues up 400% from the previous quarter. Contributing to the increase in revenue are its online sales from Amazon and product websites, which are up over 1,300% year-over-year.

Kona’s increase in sales comes from the launching of its new Kona Gold flavors, Cotton Candy and Cherry Vanilla, which have no calories or sugar, are naturally flavored, and contain organic hemp.

“Our current quarter is exceeding expectations and the response…to our new Cotton Candy and Cherry Vanilla flavors has been amazing,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “We…will be closing out the quarter with December being a record month with over $70,000 in sales.”

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Clark continued, “…(we) will be announcing a new convenience store partner that will be putting our products in over 100 stores. Our sales team will be meeting…the second week of January to forecast growth and sales projections for 2019. The Company will be hiring a controller to take over the books and finalize the audit next month.”

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For info on Kona Gold Solutions, visit the firm’s website at www.konagoldhemp.com

Source Kona Gold press release

Tags: Finance

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