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Kona Gold Solutions, Inc. Announces Distribution Partnership with Carolina Cannatech

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Kona Gold Solutions, Inc. (OTCQB: KGKG) has announced a distribution agreement with Carolina Cannatech, enhancing its market presence in North Carolina. Carolina Cannatech, known for its premium CBD products under the Nature's Highway brand, will distribute Kona Gold products in select territories. This partnership builds on the successful distribution of Nature's Highway CBD Products by Kona's subsidiary, Gold Leaf Distribution, in South Carolina. The collaboration aims to leverage established customer bases to boost sales of both companies' CBD offerings.

Positive
  • Strategic distribution partnership with Carolina Cannatech to expand market reach in North Carolina.
  • Gold Leaf Distribution successfully distributing Nature's Highway CBD Products in South Carolina.
Negative
  • None.

MELBOURNE, Fla., Sept. 3, 2020 /PRNewswire/ -- 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 entered into a distribution agreement with Carolina Cannatech.  Carolina Cannatech, based in Charlotte, North Carolina, is a seed-to-sale industrial hemp company that also manufactures and sells its own line of premium CBD products under their Nature's Highway brand.

Nature's Highway is dedicated to introducing consumers to the life changing potential of CBD and its family of other relevant cannabinoids. They pride themselves on providing the purest, highest quality hemp products at the most competitive prices. A promise made possible by keeping every step of production in-house and operating with full transparency. Each CBD wellness product is pharmacist formulated, ensuring the highest quality product from their farm to you and your family. Their hemp is organically grown in Neeses, SC on their 3rd generation family farm, Carolina Fresh Farms, founded in the late 1940's. Nature's Highway founders come from humble beginnings uniquely similar to the founders of Carolina Fresh Farms, the Fogle family.

"Kona Gold continues to seek strategic partnerships and has done so with our recently signed distribution agreement with Carolina Cannatech, the makers of Nature's Highway CBD Products," stated Robert Clark, CEO of Kona Gold Solutions, Inc. "Carolina Cannatech will distribute Kona Gold products in select territories in North Carolina.  Their vast and established customer base will be beneficial to the success of our products in their North Carolina markets."

Mr. Clark added, "What's unique about this partnership is our subsidiary, Gold Leaf Distribution, has already begun distribution of Nature's Highway CBD Products, with great success in the South Carolina markets.  The two companies will be working closely together in distributing their respective products and other opportunities."

For more information regarding Nature's Highway, please visit:

https://natureshighwaycbd.com/

For more information regarding Kona Gold, please visit:

https://www.konagoldhemp.com

https://www.facebook.com/konagoldhemp

https://twitter.com/konagoldhemp

https://www.instagram.com/konagoldhemp/  

For more information regarding HighDrate, please visit:

https://www.highdrateme.com

https://www.facebook.com/HighDrateMe/

https://twitter.com/highdrateme

https://www.instagram.com/highdrateme/

For more information regarding Gold Leaf Distribution, please visit:

https://www.goldleafdist.com

https://www.facebook.com/GoldLeafDist/

Kona Gold Solutions, Inc.:

Kona Gold Solutions, 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.comKona Gold and its family of companies are located on the east coast of Florida in Melbourne and in Greer, 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@konagoldhemp.com

 

 

Cision View original content:http://www.prnewswire.com/news-releases/kona-gold-solutions-inc-announces-distribution-partnership-with-carolina-cannatech-301123905.html

SOURCE Kona Gold Solutions, Inc.

FAQ

What is the significance of the distribution agreement between KGKG and Carolina Cannatech?

The distribution agreement enhances KGKG's market presence in North Carolina and leverages Carolina Cannatech's established customer base.

How will the partnership benefit Kona Gold Solutions, Inc. (KGKG)?

The partnership aims to boost sales of Kona Gold products in North Carolina through Carolina Cannatech's distribution channels.

What brands are associated with Carolina Cannatech?

Carolina Cannatech manufactures premium CBD products under the brand name Nature's Highway.

When was the distribution agreement between Kona Gold and Carolina Cannatech announced?

The distribution agreement was announced on September 3, 2020.

What products will Carolina Cannatech distribute for Kona Gold Solutions?

Carolina Cannatech will distribute Kona Gold products in select territories in North Carolina.

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