{"id":469774,"date":"2021-04-01T09:04:53","date_gmt":"2021-04-01T13:04:53","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469774"},"modified":"2021-04-01T09:04:53","modified_gmt":"2021-04-01T13:04:53","slug":"kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021\/","title":{"rendered":"Kona Gold Beverage, Inc. Announces Revenue Increases Month-Over-Month in First Quarter of 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MELBOURNE, Fla.<\/span>, <span class=\"xn-chron\">April 1, 2021<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-person\">Kona Gold Beverage<\/span>, 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 the Company saw revenue increases month-over-month in the first quarter of 2021 due to high demand for its beverage portfolio and growth in its distribution business.\u00a0The Company recently announced its <span class=\"xn-chron\">February 2021<\/span> revenues from the Company&#8217;s subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months and the Company has beat those revenues in March.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1479261\/Kona_Gold_Website_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1479261\/Kona_Gold_Website_Logo.jpg\" title=\"Kona Gold Beverage, Inc. (OTCQB: KGKG) Logo\" alt=\"Kona Gold Beverage, Inc. (OTCQB: KGKG) Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <span class=\"xn-person\">Kona Gold Beverage<\/span> continues to see great revenue growth with <span class=\"xn-chron\">March 2021<\/span> revenues outpacing February by way of its subsidiaries, with Kona Gold LLC reporting more than a 22% growth in revenue, and Gold Leaf Distribution reporting more than a 37% growth in revenue from the previous month.\u00a0 Gold Leaf Distribution once again had a record revenue month, posting revenues of more than <span class=\"xn-money\">$80,000<\/span> for the month of <span class=\"xn-chron\">March 2021<\/span> compared to approximately <span class=\"xn-money\">$58,000<\/span> in February.\u00a0 <span class=\"xn-person\">Kona Gold<\/span> posted revenue of over <span class=\"xn-money\">$140,000<\/span> in <span class=\"xn-chron\">March 2021<\/span> compared to approximately <span class=\"xn-money\">$115,000<\/span> in February.<\/p>\n<p>\n        <span class=\"xn-person\">Kona Gold Beverage<\/span> anticipates its subsidiaries will continue to have a substantial increase in revenue in Q2, as the Company enters into the historically busier beverage seasons of spring and summer. Additionally, the Company is actively in discussions with new distribution partners, convenience store chains, and grocery chains.\u00a0<\/p>\n<p>For more information regarding <span class=\"xn-person\">Kona Gold Beverage<\/span>, please visit:<br \/><u><a target=\"_blank\" href=\"https:\/\/konagoldbeverage.com\/\" rel=\"nofollow noopener noreferrer\">https:\/\/konagoldbeverage.com\/<\/a><\/u><\/p>\n<p>\n        <b>About <span class=\"xn-person\">Kona Gold Beverage<\/span>, Inc.<\/b><br \/>\n        \n      <\/p>\n<p>\n        <span class=\"xn-person\">Kona Gold Beverage<\/span>, Inc., a <span class=\"xn-location\">Delaware<\/span> corporation, has created wholly-owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf Distribution, LLC.\u00a0 <span class=\"xn-person\">Kona Gold<\/span>, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at\u00a0<u><a target=\"_blank\" href=\"http:\/\/www.konagoldhemp.com\/\" rel=\"nofollow noopener noreferrer\">www.konagoldhemp.com<\/a><\/u>.\u00a0 HighDrate, LLC has developed the beverage industry&#8217;s first CBD-Infused Energy Water, available in 6 delicious flavors; please visit its website at\u00a0<u><a target=\"_blank\" href=\"http:\/\/www.highdrateme.com\/\" rel=\"nofollow noopener noreferrer\">www.highdrateme.com<\/a><\/u>.\u00a0 Gold Leaf Distribution, LLC was created to fill the Company&#8217;s distribution needs in markets that it wants to enter quickly; please visit its website at\u00a0<u><a target=\"_blank\" href=\"http:\/\/www.goldleafdist.com\/\" rel=\"nofollow noopener noreferrer\">www.goldleafdist.com<\/a><\/u>.\u00a0 <span class=\"xn-person\">Kona Gold Beverage<\/span>, Inc. recently acquired S&amp;S Beverage, Inc., which manufactures and distributes LEMIN Superior Lemonade line; please visit its website at\u00a0<u><a target=\"_blank\" href=\"http:\/\/www.drinklemin.com\/\" rel=\"nofollow noopener noreferrer\">www.drinklemin.com<\/a><\/u>. <span class=\"xn-person\">Kona Gold<\/span> and its family of companies are located on the east coast of <span class=\"xn-location\">Florida<\/span> in <span class=\"xn-location\">Melbourne<\/span> and in <span class=\"xn-location\">Greer, South Carolina<\/span>.<\/p>\n<p>\n        <b>Safe Harbor Statement:<\/b>\u00a0<\/p>\n<p>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 &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;continue,&#8221; &#8220;estimate,&#8221; &#8220;project,&#8221; &#8220;intend,&#8221; and similar expressions. \u00a0The 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.\u00a0 There can be no assurance that such statements will prove to be accurate.\u00a0 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&#8217;s Registration Statement on Form S-1.\u00a0Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated.\u00a0These 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&#8217;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.<\/p>\n<p>\n        <b>Investor Relations Contact:<\/b>\u00a0<br \/><span class=\"xn-person\">Robert Clark<\/span><br \/>844-714-2224<br \/><u><a target=\"_blank\" href=\"mailto:investorrelations@konagoldbeverage.com\" rel=\"nofollow noopener noreferrer\">investorrelations@konagoldbeverage.com<\/a><\/u><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO29524&amp;sd=2021-04-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021-301260309.html\">http:\/\/www.prnewswire.com\/news-releases\/kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021-301260309.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Kona Gold Beverage<\/span>, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO29524&amp;Transmission_Id=202104010900PR_NEWS_USPR_____IO29524&amp;DateId=20210401\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MELBOURNE, Fla., April 1, 2021 \/PRNewswire\/ &#8212; 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 the Company saw revenue increases month-over-month in the first quarter of 2021 due to high demand for its beverage portfolio and growth in its distribution business.\u00a0The Company recently announced its February 2021 revenues from the Company&#8217;s subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months and the Company has beat those revenues in March.\u00a0 Kona Gold Beverage continues to see great revenue growth with March 2021 revenues outpacing February by way of its subsidiaries, with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kona Gold Beverage, Inc. Announces Revenue Increases Month-Over-Month in First Quarter of 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469774","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kona Gold Beverage, Inc. Announces Revenue Increases Month-Over-Month in First Quarter of 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kona-gold-beverage-inc-announces-revenue-increases-month-over-month-in-first-quarter-of-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kona Gold Beverage, Inc. Announces Revenue Increases Month-Over-Month in First Quarter of 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MELBOURNE, Fla., April 1, 2021 \/PRNewswire\/ &#8212; 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 the Company saw revenue increases month-over-month in the first quarter of 2021 due to high demand for its beverage portfolio and growth in its distribution business.\u00a0The Company recently announced its February 2021 revenues from the Company&#8217;s subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months and the Company has beat those revenues in March.\u00a0 Kona Gold Beverage continues to see great revenue growth with March 2021 revenues outpacing February by way of its subsidiaries, with &hellip; Continue reading &quot;Kona Gold Beverage, Inc. 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(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 the Company saw revenue increases month-over-month in the first quarter of 2021 due to high demand for its beverage portfolio and growth in its distribution business.\u00a0The Company recently announced its February 2021 revenues from the Company&#8217;s subsidiaries were the highest monthly revenues when compared to the previous monthly revenues over the last 15 months and the Company has beat those revenues in March.\u00a0 Kona Gold Beverage continues to see great revenue growth with March 2021 revenues outpacing February by way of its subsidiaries, with &hellip; Continue reading \"Kona Gold Beverage, Inc. 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