MELBOURNE, Fla., Nov. 05, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — 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 signed a distribution agreement with Alabama based AlaBev. AlaBev will distribute the Company’s popular Kona Gold Hemp Energy Drinks across the entire state of Alabama, placing the Company’s products in new key markets across the state.
AlaBev is an Importer and DSD (Direct Store Delivery) Wholesale Distributor of beer, cider, wine, spirits and alcohol free beverages. Our coverage area is the State of Alabama in the USA. For more than 100 years we have been a part of a sustainable and vibrant industry with a heritage thousands of years old. We love this industry and we want you to enjoy our products as much as we do. For more information visit AlaBev.com.
COO of AlaBev Matt Kilpatrick says, “It is an exciting time in the functional beverage segment. Science and innovation are paving the way for brands like Kona Gold to enter the market. We anticipate a great reception for the product and look forward to how it plays within an industry on the move.”
“As we continue to gain market share in the functional beverage segment, it’s imperative that we partner with established and experienced beverage distributors that can have a big impact in key markets,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “With over 100 years in the industry, we are excited to be partnering with AlaBev, who will be distributing our Kona Gold Hemp Energy Drinks across the great state of Alabama. We look forward in working with their team on having a successful rollout and a long lasting relationship.”
We have been tracking this stock for months now and it appears to be at a compelling level. With its crazy revenue growth as it rides the popular hemp wave, this is a stock you want to have on your watch list.
Disclosure: We do not hold any position in KGKG stock.