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Benzinga
Benzinga
Business
Jelena Martinovic

Kona Gold's Gold Leaf Subsidiary Posts Record Highest Monthly Revenue In January, New Products Soon On Shelves

Hemp beverage producer Kona Gold Beverage, Inc. (OTCQB:KGKG), announced that its wholly owned subsidiary, Gold Leaf Distribution, has posted its highest revenue month in January, closing out with approximately $215,000 in revenue and gross margins of approximately 31%.

Gold Leaf’s Melbourne, FL and Greer, SC locations both posted profits for the month of January. Gold Leaf’s Conway, SC location, which opened in October of last year, is expected to near profitability in the next several months as beverage season kicks in during the Spring and Summer months.

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