CHARLESTON, S.C., May 25, 2016 /PRNewswire/ -- Kona Gold Solutions, Inc. (OTC Pink: KGKG), a premier hemp lifestyle brand of exclusivity and status, has announced that they have selected Sipp Industries (OTC Pink: SIPC) as its hemp extract provider for their new premium hemp energy drink that is slated to be launched in the third quarter of this year.
"We are very excited to announce that we have selected Sipp Industries as our hemp extract provider for our new premium hemp energy drink that we will be launching later this year," stated Robert Clark, CEO of Kona Gold Solutions, Inc. "We have found a partner in the hemp industry that shares the same long term growth goals as Kona Gold and is passionate about the industry. Kona Gold's partnership with Sipp Industries will reach beyond just providing hemp extract, and we look forward to bringing some fantastic products to the market together."
Kona Gold Solutions, Inc. is also working on an LOI to acquire an additional hemp company in efforts to expand the company's presence into vertical markets.
Sipp Industries is a conglomerate corporation with a focus in technology, biotechnology and consumer products. They specialize in the vertical integration of profitable retail and emerging entities to create increased value to their shareholders through synergistic savings in operations.
President Ted Jorgensen of Major Hemp, which is a wholly owned subsidiary of Sipp Industries, stated, "We are honored and excited to be awarded this contract from Kona Gold Solutions for our hemp extract powder. Kona Gold has an incredible formulation team and we look forward to partnering on this project and many others in the future."
For more information regarding Sipp Industries, please visit:
For more information regarding Kona Gold Solutions, please visit:
Kona Gold Solutions, Inc.:
Kona Gold Solutions, Inc. is currently in the process of developing a premier Hemp Infused Product line. The Company announced it has moved its Corporate Headquarters to 1591 Savannah Hwy, Suite 201, Charleston, SC 29407. Kona's new warehouse and office space gives the Company the space needed to expand rapidly.
The Company has created Kona Gold LLC, the Company's only subsidiary, to begin developing its Hemp Product line. Kona Gold will begin developing Hemp Energy Drinks, Energy Patches, Hemp Apparel, Hemp Shampoo as well as a Hydroponics division; please visit the Company's new website to view updates and new products www.konagoldhemp.com
There are many hemp companies out there that get lost in the crowd, but Kona Gold sets the gold standard with its premiere line of products.
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. 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.
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SOURCE Kona Gold Solutions, Inc.