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Kona Gold Beverage, Inc Signs Three Distribution Partners in Oregon, Washington and Alaska - MjLink Cannabis Business News and Press

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Kona Gold Beverage, Inc Signs Three Distribution Partners in Oregon, Washington and Alaska

Cannabis Business Times Marijuana News Tuesday, 20 September 2022
2 minutes reading time (396 words)

Melbourne, FL, Sept. 20, 2022 (GLOBE NEWSWIRE) -- PRESS RELEASE -- Kona Gold Beverage, Inc., a holding company focused on product development in the better-for-you and hemp and CBD functional beverage sector, has 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.

Kona Gold announced earlier this year that its Ooh La Lemin Lemonades will be going into modular sets in Walmart stores in select states. With the addition of Oregon, Washington and Alaska, Ooh La Lemin will now be going into modular space in approximately 600 stores. Those stores are located in Alaska, California, Minnesota, Nevada, Michigan, Oregon, South Carolina, Tennessee, Washington and Wisconsin. Rollout to these stores will begin next month.

"I'm excited to share with our shareholders that we have signed three new distribution partners on the West Coast of the U.S.," stated Robert Clark, CEO of Kona Gold Beverage, Inc. "We recently hired Brett Catanzaro as our West Region Territory Manager and he has already made a huge impact with our West Coast expansion. We continue to add seasoned beverage professionals to our team, which is paying off in dividends. We are growing the markets that we are currently in and expanding to new markets at a rapid pace and our team is executing exceptionally well."

Clark added, "We will be exhibiting at the 2022 NACS Show in Las Vegas next month, where we had great success last year networking, finding new distribution partners, and finding new products for our own distribution company. We anticipate this year to be a more successful showing than the previous year."

Kona Gold Beverage recently announced its wholly owned subsidiary, Gold Leaf Distribution LLC, posted record monthly revenue in August. Gold Leaf Distribution posted approximately $348,000 in sales. The increase in sales has been fueled by a culmination of expanding the company's sales team, adding new products, and consumer demand. Gold Leaf expects to see continued growth throughout the rest of the year as it continues to have record revenue growth in 2022.


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