Kona Gold Beverage, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Oliver Hatchett
- Full Time Employees
- 21
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- Address
- 751 North Drive Suite 11 Rockledge FL United States of America 32934
- IPO Date
- Sep 26, 1997
- CIK
- 0001802546
- Website
- konagoldbeverage.com
- Similar Companies
- Business
- Kona Gold Beverage, Inc. (KGKG) is a holding company that develops and markets premium functional beverages and related consumer products in the hemp, cannabidiol (CBD), and better-for-you lifestyle segments; its core offerings include hemp energy drinks and CBD energy waters under the Kona Gold brand, vitamin-filled zero-calorie energy waters and award-winning energy drinks under Highdrate and Storm brands, alkaline waters, low-carb lemonades, fruit-flavored sodas, healthy aloe beverages, gummies, and vapes, distributed through subsidiaries such as Covert LLC. The company, founded in 1997 and headquartered in Melbourne, Florida, targets fitness enthusiasts, health-conscious consumers, and lifestyle markets primarily in the United States. In August 2024, Kona Gold Beverage sold its subsidiary Kona Gold, LLC, to Bemax Inc. (BMXC) for $200,000 in restricted common shares distributed as a dividend to shareholders, enabling Bemax to expand in the consumer packaged goods sector while allowing Kona Gold Beverage to streamline operations; the company also pursued a strategic reverse merger with potential partners to introduce new management and assets, though an attempted acquisition of Surge Distribution from Loud Beverage Group failed due to unmet terms, and in December 2024 announced a strategic reorganization for a new direction focused on sales growth and debt restructuring.
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Kona Gold Beverage, Inc Successfully Acquires Covert LLC, a Leading Multimillion-Dollar CPG Company
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