Kona Gold Beverage, Inc Signs Distribution Agreement with
Idaho-Based Hayden Beverage Company
The Company recently signed distribution agreements in Alaska,
Oregon, and Washington
Melbourne,
FL -- October 17, 2022 -- InvestorsHub NewsWire
-- Kona Gold
Beverage, Inc. (OTCQB:
KGKG), a holding company focused on product development in the
better-for-you and functional beverage sector is pleased to
announce it has signed a distribution agreement with Hayden
Beverage Company.
Hayden
Beverage Company, based in the great state of Idaho, is the state's
largest and most professional distributor of beer, wine, and
premium non-alcoholic beverages and has a distribution footprint
that covers all of Idaho and all of
Montana.
Hayden
Beverage Company is family owned and has operated since 1970,
recently celebrating 50 years in 2020.
Hayden
Beverage Company will be distributing Kona Gold's sparkling and
non-sparkling lemonades in the markets of Idaho and Montana, which
are new markets for Kona Gold.
Kona Gold
has been aggressively growing its market presence in the western
region of the United States where it previously lacked distribution
and market share.
"I'm
excited to share with our shareholders that we continue to grow our
western region presence with the signing of Hayden Beverage
Company, stated Robert Clark, CEO of Kona Gold Beverage, Inc. "Our
West Region Territory Manager, Brett Catanzaro, is making a huge
impact withing our team, leading our West Coast
expansion.
We are
currently in talks with distribution partners in Utah, Arizona,
Wyoming, Colorado, New Mexico, and Hawaii, which would fill out our
expansion to western markets."
Clark
added, "We recently exhibited at the 2022 NACS Show in Las Vegas,
our second consecutive showing at that show, where we had great
success again this year in networking, finding new distribution
partners, and finding new products for our own distribution
company.
Our team is
signing distribution partners, lining up big retail meetings, and
putting pieces in place to have accelerated growth in early
2023."
Kona Gold
Beverage recently announced it has signed agreements with three new
distribution partners in Oregon, Washington, and
Alaska.
Kona Gold
has been focused on bringing its beverage portfolio to the West
Coast of the United States, recently signing distribution partners
in California and Nevada.
With the
addition of Oregon, Washington, and Alaska, the Company will be
making a big market push in the remainder of 2022 and into 2023
with its Ooh La Lemin Lemonades
For more
information regarding Hayden Beverage Company, please
visit:
https://www.haydenbeverage.com/
For more
information regarding Kona Gold Beverage, please visit:
https://konagoldbeverage.com/
About Kona
Gold Beverage, Inc.
Kona Gold
Beverage, Inc., a Delaware corporation, has created wholly-owned
subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf
Distribution, LLC.
Kona Gold,
LLC has developed a premium Hemp-Infused Energy Drink line; please
visit its website at
www.konagoldhemp.com.
HighDrate,
LLC has developed the beverage industry's first CBD-Infused Energy
Water, available in 6 delicious flavors; please visit its website
at
www.highdrateme.com.
Gold Leaf
Distribution, LLC was created to fill the Company's distribution
needs in markets that it wants to enter quickly; please visit its
website at
www.goldleafdist.com.
Kona Gold
Beverage, Inc. recently rebranded its Lemin Lemonade to Ooh La
Lemin Lemonade; please visit its website at
www.oohlalemin.com. Kona Gold
and its family of companies are located on the east coast of
Florida in Melbourne and in Greer and Conway South
Carolina.
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. The
Company may also make written or oral forward-looking statements in
its filings with the U.S. Securities and Exchange Commission, in
press releases and other written materials, and in oral statements
made by its officers, directors or employees to third
parties.
There can
be no assurance that such statements will prove to be
accurate.
The Company
cautions that these forward-looking statements are further
qualified by other factors including, but not limited to, those set
forth in the Company's Registration Statement on Form
S-1.
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. The
Company does not undertake any obligation to update publicly or to
revise any statements in this release, whether as a result of new
information, future events, or otherwise.
Investor
Relations Contact:
Robert
Clark
844-714-2224
investorrelations@konagoldbeverage.com