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Sunday, September 25, 2022

Kona Gold Solutions Inc (OTCMKTS: KGKG) Powerful Run Northbound as Beverage Operator Reports Record Revenues & Launches its New Sparkling Ooh La Lemin Lemonades

Kona Gold Solutions Inc (OTCMKTS: KGKG) is making a parabolic run up the charts in recent days on a massive surge in volume. Beverage stocks have a long history of making big moves in small caps and kGKG has been no exception running from under a penny to $0.15 highs in 2020 and the recent powerful reversal. KGKG revenues have incrsased shareply with the Company recently reporting it generated revenues of over one million dollars in the first quarter of 2022, a first for the Company. Kona Gold Beverage has hit or exceeded its monthly revenue projections for the first two months of 2022. Kona Gold has set 2022 revenue projections at $8-$10 million. 

Recently Kona Gold launched its new Ooh La Lemin Sparkling Lemonade. Gluten and GMO-free Ooh La Sparkling Lemonade is available in six delicious flavors: Blue Raspberry, Citrus Splash, Cucumber Watermelon, Huckleberry, Original, and Pineapple Mango. Ooh La Lemin Sparkling will hit Walmart and mortar stores in June. Kona Gold Beverage is laying the ground work to have a phenomenal year with both of its subsidiaries.  The Company is seeing demand grow on a daily basis for its Ooh La Lemin Lemonades and new Sparkling Lemonades.  The rebranding of the Company’s popular hemp energy drink, Kona Gold, will debut in Q2. In addition, the Company anticipates to see big revenue growth in Q2 with its beverage brands and has forecasted out production in 2022 to keep up with demand. 

Kona Gold Solutions Inc (OTCMKTS: KGKG) is a premium lifestyle brand focused on creating great tasting, healthy beverages that consumers demand. Kona Gold Beverage is a leader in the hemp and CBD beverage sector, creating category leading hemp energy drinks and CBD energy waters with its Kona Gold, Highdrate, and Storm brands.  Ooh La Lemin, the Company’s superior lemonade brand, is a category leader and favorite among consumers.  Kona Gold Beverage is a multi-faceted company in the way that it operates its own distribution company to bring products to consumers via traditional retail.  E-commerce, direct ship, distribution partnerships, among others are additional channels Kona Gold Beverage has access to.  The Company operates websites konagoldbeverage.com, konagoldhemp.com, highdrateme.com, oohlalemin.com, and goldleafdist.com. 

KGKG continues to make huge moves; its popular Ooh La Lemin Lemonades will now 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. The Company will announce which states at a later date as it gets closer to launch. The 4 flavors of Ooh La Lemin will be 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 step forward for Kona Gold Beverage as the Company focuses on taking its brand portfolio nationally. The Company’s Ooh La Lemin Lemonades are currently sold in popular chains such as Wawa, Plaid Pantry, Piggly Wiggly, Coborn’s, Hyvee, and others. 

Kona Gold Beverage is laying the ground work to have a phenomenal year with both of its subsidiaries. The Company is seeing demand grow on a daily basis for its Ooh La Lemin Lemonades and new Sparkling Lemonades. The rebranding of the Company’s popular hemp energy drink, Kona Gold, will debut in Q2.  

Gold Leaf Distribution, the Company’s distribution subsidiary, continues to be a bright spot within the Company and has experienced unprecedented growth as it becomes one of the largest distributors in South Carolina. Gold Leaf now distributes to Target, Quik Trip, Piggly Wiggly, IGA, and soon-to-be other big box and grocery stores. To keep up with growth, Gold Leaf continues to hire personnel and purchase delivery trucks. 

KGKG launched its all-new Sparkling Ooh La Lemin Lemonades. Sparkling Ooh La Lemin is formulated with all natural ingredients, contains zero sugar, high in vitamin C, GMO and gluten-free, made with real fruit juice, and only 10 calories. This is the Company’s first all-natural beverage line as it continues to create leading products in the better-for-you space. The Company recently exhibited at the 2022 SE Petro Show in Myrtle Beach, SC and the Sparkling Ooh La Lemin Lemonades were a huge hit with buyers, store owners, and distributors that sampled them at the Company’s booth. Sparkling Ooh La Lemin comes in 12 oz sleek cans and is available in 6 delicious flavors: Blue Raspberry, Citrus Splash, Cucumber Watermelon, Huckleberry, Original, and Pineapple Mango. 

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The Company is already in the process of working with buyers at several national big box stores and large grocery chains in the Southeast United States. Being that Sparkling Ooh La Lemin is an all-natural beverage, this also creates opportunities for the Company to approach health conscience grocery chains. The Company’s team is currently working on setting up meetings with buyers at the leading chains in this health category. Sparkling Ooh La Lemin can be immediately purchased from the Company’s Ooh La Lemin website and will be available on Amazon and Walmart Marketplace in the coming days. 

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. 

On April 4 KGKG announced the Company had revenues of over one million dollars in the first quarter of 2022. This marks the Company’s first quarter of one million dollars or more, which is a huge milestone and testament to the continued growth it’s experiencing. Kona Gold Beverages two subsidiaries, Kona Gold LLC and Gold Leaf Distribution LLC’s combined revenue broke the one-million-dollar mark in Q1. Gold Leaf Distribution, the Company’s distribution subsidiary, continues to have record month-over-month revenue and March was no exception. March revenue projections for Gold Leaf were $260,000 and the Company did approximately $310,000 in revenue, exceeding projections by approximately 19%. In addition to this announcement, Kona Gold Beverage has hit or exceeded its monthly revenue projections for the first two months of 2022 and will be sharing February numbers with shareholders in the coming days. The Company has set 2022 revenue projections at $8-$10 million. 

Microcapdaily has been reporting on KGKG for years but our report from March 10, 2022 when KGKG as trading in the $0.004 range really hit it on the head with KGKG moving over 100% since making that reversal. 

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Currently trading at a $27.4 million market valuation KGKG has 1,299,543,929 shares outstanding, some debt on the books and $550,000 in the treasury. KGKG is an exciting story developing in small caps; Gold Leaf Distribution, the Company’s distribution subsidiary, continues to be a bright spot within the Company and has experienced unprecedented growth as it becomes one of the largest distributors in South Carolina. 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 has hit or exceeded its monthly revenue projections for the first two months of 2022. Kona Gold has set 2022 revenue projections at $8-$10 million. KGKG has massive momentum here, powerful volume and a significant gap to fill from current levels. We will be updating on KGKG when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with KGKG.

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Disclosure: we hold no position in KGKG either long or short and we have not been compensated for this article.

 

 

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