Kona Gold Beverage, Inc. Announces Gold Leaf Distribution Subsidiary Post Biggest Monthly Revenue in May
Melbourne, Florida--(Newsfile Corp. - June 7, 2021) - 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, posted record revenue in May. Gold Leaf's May revenues were approximately $120,000, with a profit margin of approximately 30% of revenue. Gold Leaf has been profitable through the first two months of Q2, and is...
2021-06-07 9:24 AM EDT
Kona Gold Beverage, Inc. Announces Revenues Through May of 2021 Have Surpassed All Revenue of 2020
Melbourne, Florida--(Newsfile Corp. - May 19, 2021) - 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 net revenues through May of fiscal year 2021 has surpassed net revenues for the total fiscal year 2020. The Company recently posted its 10-Q with approximately $462,000 in net revenues, which is approximately a 129% increase from the same period quarter last year.Kona Gold Beverage...
2021-05-19 9:00 AM EDT
Kona Gold Solutions, Inc. Files S-1
Melbourne, Florida--(Newsfile Corp. - July 16, 2020) - Kona Gold Solutions, Inc. (OTCQB: KGKG), a holding company focused on product development in the hemp and CBD functional beverage sector, is pleased to announce it has filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) to register securities under the Securities Act of 1933 pursuant to a Securities Purchase Agreement (SPA) with YA II PN, LTD.The S-1 Registration Statement includes two years of...
2020-07-16 1:53 PM EDT
Kona Gold Solutions, Inc. Announces Record Sales For 2020 in June
Melbourne, Florida--(Newsfile Corp. - July 1, 2020) - Kona Gold Solutions, Inc. (OTCQB: KGKG), a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, is pleased to announce it recorded its highest gross revenue for 2020 in the month of June. The Company reported its two wholly owned subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC, had sales of over $100,000 and $30,000, respectfully, for the month of June. Gold Leaf...
2020-07-01 10:28 AM EDT
Kona Gold Solutions, Inc. Returns Elev8 Brands, Inc. Preferred Shares for $1.5 Million
Melbourne, Florida--(Newsfile Corp. - December 4, 2019) - Kona Gold Solutions, Inc. (OTC Pink: KGKG), a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, is pleased to announce it has entered into an agreement with Elev8 Brands, Inc. to return 2,746,723 shares of its Series D Preferred Stock in exchange for a $1,500,000 non-convertible promissory note payable within 10 years.Kona Gold Solutions and Elev8 Brands worked closely together to form an agreement that was...
2019-12-04 9:00 AM EST