Kona Gold Beverage, Inc. Begins Selling Ooh La Lemin Sparkling Lemonades in Walmart Stores
March 22 2022 - 8:00AM
InvestorsHub NewsWire
Kona Gold Beverage, Inc. Begins Selling Ooh La Lemin
Sparkling Lemonades in Walmart
Stores
Company’s new Sparkling Lemonades are authorized in
Walmart
nationwide
Melbourne, FL -- March 22, 2022 -- InvestorsHub
NewsWire -- Kona Gold Beverage, Inc. (OTCQB:
KGKG), a holding company focused on product development in the
better-for-you and hemp and CBD functional beverage sector, is
pleased to announce its wholly owned subsidiary, Gold Leaf
Distribution, has begun to sell the Company’s new Sparkling Ooh La
Lemin Lemonades into Walmart stores in South Carolina. There
are 110 Walmart store locations in South Carolina and Gold Leaf
Distribution has been tasked to sell all 6 new flavors of Sparkling
Ooh La Lemin Lemonades into those stores. The Company’s new
12 oz Sparkling Ooh La Lemin Lemonades are also authorized in all
Walmart stores nationwide.
Kona Gold Beverage announced earlier this month that
its popular non-sparkling Ooh La Lemin Lemonades will be sold in
Walmart brick and mortar stores. The Company’s 16 oz Ooh La
Lemin Lemonades, available in 4 flavors, will be included in
modular sets in all stores with 12 ft or wider coolers in select
states starting in June of 2022. Gold Leaf will also be
tasked to launch and distribute the 4 flavors in June across the
state of South Carolina. The 4 flavors of Ooh La Lemin are
also authorized in Walmart’s system nationwide, which will give the
Company fire power to secure distribution in states where it’s
currently lacking.
“This is a huge milestone for not only our Kona Gold
subsidiary, but also our Gold Leaf Distribution subsidiary,” stated
Robert Clark, CEO of Kona Gold Beverage, Inc. “Kona Gold now has
all 6 flavors of our new Sparkling Ooh La Lemin and all 4 flavors
of our original Ooh La Lemin Lemonades authorized in Walmart
nationwide. On top of that, Gold Leaf, our Company owned
distribution company, will be distributing all 10 SKUs to Walmart’s
across South Carolina. This is an exciting opportunity for
both subsidiaries and has the potential to add big, additional
bottom line revenue. We are excited to roll both lines of Ooh
La Lemin out with our current and new distribution partners as
well.”
The Company recently announced it had beat its
February Revenue Projections. The Company forecasted $325,000
in revenue for February and closed out the month with approximately
$345,000 in revenue between its two subsidiaries, Kona Gold LLC and
Gold Leaf Distribution LLC. Kona Gold Beverage is on track to
having its first quarter with one million plus in
revenue.
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
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