Kona Gold Beverage, Inc. Reaffirms Revenue Guidance for the Fourth Quarter and Full Year of 2021
November 10, 2021 at 03:57 pm
Share
Kona Gold Beverage, Inc. reaffirmed revenue guidance for the fourth quarter and full year of 2021. At the current pace, Kona Gold Beverage, Inc.'s fourth quarter 2021 revenues are on track to beat the previous quarters revenue, which would be a staple on the strong year the Company is having in 2021.
The Company continues to be on pace to hit 2021 projected revenues of $2.5 to $3 million in revenue.
Kona Gold Beverage, Inc. operates through its four subsidiaries, Kona Gold LLC (Kona), HighDrate LLC (HighDrate), Gold Leaf Distribution LLC (Gold Leaf), and Covert LLC. Kona focuses on the development and marketing of functional and better-for-you beverages: Ooh La Lemin Lemonades that are available in a variety of sparkling and non-sparkling flavors and Kona Gold Energy Drinks that are low-to-zero calorie functional beverages that are high in B vitamins, amino acids, and omegas. HighDrate focuses on the development and marketing of Cannabidiol (CBD)-infused energy waters geared to the fitness and wellness markets. Gold Leaf focuses on the distribution of premium beverages and snacks in key markets. Covert LLC operates in the consumer packaged goods (CPG) market and specializes in high-potency Delta-8, THCa, THC-P, and Kratom products. The Company sells its products through resellers. The Company's other subsidiary, Surge Distribution LLC, which is a premiere distribution company.
KONA GOLD BEVERAGE, INC. 
