Kona Gold Beverage, Inc Signs Distribution Agreement with J&K
Distribution in San Francisco
Melbourne,
FL -- January
11, 2023 --
InvestorsHub NewsWire -- Kona Gold Beverage, Inc. (OTCPK:
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 San Francisco
based distributor, J&K Distribution.
J&K
Distribution will distribute the Company's 16oz non-sparkling and
12oz sparkling Ooh La Lemin Lemonades in Santa Clara and San Mateo
counties in California.
J&K
Distribution is the second distribution partner in California that
Kona Gold has signed in the last four months.
J&K Distribution is a
food and beverage distributor serving Northern California for the
last 6 years. They have expanded to include many beverages and
currently serve the entire Bay Area corner stores and chain stores
such as Save Mart, Safeway, Nob Hill, Target, Walmart, Walgreens,
CVS, Chevron, and 7/11. J&K Distribution's mission is to
deliver service excellence, make distribution easier, and help
their customers grow.
"I am
excited to announce to our stockholders and customers that we have
partnered with another California based distributor to bring Ooh La
Lemin to the state of California," stated Robert Clark, CEO of Kona
Gold Beverage, Inc. "With the recent partnership with SEI, Inc in
late 2022, to help accelerate growth, we have set an aggressive
goal to achieve 100% DSD coverage in the U.S. within the next 2-3
years. Expansion out West is key to making that
happen.
This marks
the second distribution partner we have signed in Northern
California in a short amount of time."
Kona Gold
Beverage recently announced its partnership with a national
convenience store chain to deliver products in their Carolina
region.
Gold Leaf
Distribution, a wholly-owned subsidiary of Kona Gold Beverage, will
distribute a multitude of non-alcoholic beverage brands to over 100
Convenience stores in North and South Carolina.
Beverage
brands that Gold Leaf will be Distributing to this chain are
Defiance Water, Waiakea Water, Warheads Soda, New England Coffee,
and Positive Beverage.
For more
information regarding J&K Distribution, please
visit:
https://jk-distribution.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
