The PepsiCo, Inc. (NASDAQ: PEP) announced today that the company will Acquire a cannabis beverage company, Kona Gold Solutions, Inc. (OTC: KGKG).
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The PepsiCo, Inc. (NASDAQ: PEP) announced today that the company will Acquire a cannabis beverage company, Kona Gold Solutions, Inc. (OTC: KGKG). The acquisition will give PepsiCo a Strong, Hemp Energy Drink and CBD HighDrate Energy Waters Platform.
After years of prohibition, industrial hemp is now federally legal in America. The Farm Bill, which goes into effect on January 1, 2019, is a monumental step for the hemp industry and it will finally allow businesses to sell hemp products anywhere in the U.S.
Kona Gold has grown to become a major hemp & CBD beverage brand which announced that the Company had it’s strongest quarter to date with revenues up 400 from the previous quarter. Contributing to the increase in revenue was the Company’s online sales from Amazon and product websites, which were up over 1,300 year-over-year.
The acquisition of Kona Gold Solutions Inc. is valued at $11.2 million.
The PEP/KGKG share stock swap ratio, is that each KGKG shareholder will receives 0.9697 shares of PEP on January 1st, 2019 in exchange for fifty shares of KGKG stock. At the current stock prices it put a $2.19 value on Kona Gold.
The acquisition will expand the existing Pepsi energy drink lineup by adding another leading brand. The Pepsi Co portfolio already consisting of Amp, Starbucks bottled drinks and Mountain Dew Kickstart. Rockstar is still flying solo, but is distributed by Pepsi.
Here are some more Beverage Companies Investing In Cannabis or Beverage Companies currently selling Hemp or CBD beverages.
Hydropothecary Corp. (OTC: HYYDF)
Molson Coors Brewing Co. Canada announced a joint venture with The Hydropothecary Corporation, a recognized leader in Canadian medical cannabis to develop a line of non-alcoholic, cannabis-infused beverages.
The Molson-HEXO deal is structured as a standalone start-up company, complete with its own management team and board of directors. Molson Coors Canada will retain the majority controlling interest with a 57.5 percent ownership stake.
Aurora Cannabis Inc. (NYSE: ACB)
Alberta-based Aurora Cannabis Inc. recently announced a license agreement with Alcanna, Canada’s largest private-sector liquor retailer. In February, Aurora paid CAD$103.5 million ($82.5 million) for a 19.9 percent ownership interest in Alcanna, which at the time was called Liquor Stores N.A. Alcanna already started converting some of its 229 liquor stores into cannabis retail outlets.
Aphria Inc. (NYSE: APHA)
Aphria Inc. signed an agreement with Great North Distributors, Inc. a wholly-owned Canadian subsidiary of Southern Glazer’s Wine & Spirits to serve as the exclusive distributor for Aphria’s adult-use cannabis products throughout Canada. The deal gives Aphria 100 percent coverage of all cannabis retailers, whether provincially or privately operated, across Canada.
Current Beverage Companies selling or planing to sell Hemp and CBD Products.
Elev8 Brands, Inc. (OTC: VATE)
Elev8 Brands, Inc., a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, hemp tea, hemp Cold Brew, CBD salve, CBD Lotions and CBD Tinctures that target the health and wellness markets, just announce the first flavor of Elev8 Hemp’s New CBD Iced Tea will be Lemon.
Rocky Mountain High Brands(OTC:RMHB)
Rocky Mountain High Brands has launched its HEMPd Infusion Flavored Waters on the Company’s www.HEMPd.com website.
Rocky Mountain High Brands has also been granted permission to be the sole provider of high-quality drinks containing cannabidiol (CBD) to be sold throughout Mexico by RCH Grupo’s subsidiary, CBD Life. It is the first time an American company has manufactured a hemp product in the form of beverages for sale in Mexico.
Iconic Brands Inc. (OTC: ICNB)
Iconic Brands Inc. Is Exploring International Cannabis Joint Ventures.
Iconic Brands, Inc. develops, markets, and distributes alcoholic beverages in the United States. It offers wine and distilled alcoholic beverages. The company markets its products under the Bivi, Bellissima, Bella, and Romano brand names. Iconic Brands, Inc. is based in Amityville, New York.
Iconic Brands Inc. brand partner, is legendary supermodel and entrepreneur, Christie Brinkley
CannTrust (OTC: CNTTF)
The Company has partnered with Breakthru Beverage Group through Kindred Canada, for recreational distribution in Canada. CannTrust is developing nanotechnology to develop new products in the medical, recreational, beauty, wellness and pet markets. CannTrust is a federally regulated licensed producer of medical and recreational cannabis in Canada . Founded by pharmacists, CannTrust brings more than 40 years of pharmaceutical and healthcare experience to the medical cannabis industry and serves over 57,000 medical patients with its dried, extract and capsule products. The Company operates its 450,000 sq. ft. Niagara Perpetual Harvest Facility.
Puration (OTC: PURA)
Puration's success with the introduction of it's EVERx CBD Infused Sports Water, the company is reorganizing to concentrate its efforts on the cannabis beverage industry.
Puration recently reported 400 year over year growth. The company has the sole license issued on a U.S. patented cannabis extraction process. Puration also has established its EVERx CBD Sports Water as a leading brand name in the CBD infused beverage market. EVERx was recently recognized for having attracted the attention of a major beverage industry player.
RushNet, Inc. (OTC: RSHN)
RushNet, Inc. is an edibles and beverage based company with stand-alone products, including most enhanced with CBD. Currently, we have developed 12 Products that will take advantage of the organic grow, pristine mineral water enhancement and organic CBD.
Demand Brands, Inc (OTC: DMAN)
Demand Brands, Inc. is associated with an array businesses and brands consumers have come to know and trust that market innovative and leading Edibles, Oils, Vapes and Beverage products and manages ventures in the Hemp + Healthy, Cannabis/CBD Superfoods and Education and Technology sectors that promote healthy lifestyles for women, men, children and pets
Real Brands, Inc., (OTC: RLBD)
Real Brands to launch Omega Hemp Water™ into the CBD infused beverage
The owner of the Omega Hemp Water™ brand, announced today that they are in the final stages of scheduling their first production run of Omega Hemp Water™ with Alkame Holdings, Inc. and expect to confirm the first production run in the next 60 days.
ChineseInvestors.com, Inc. (OTC: CIIX)
Wholly-Owned Foreign Enterprise CBD Biotechnology Co. Ltd Plans to Launch Private Brand Hemp-Infused Rice Wine. Also, retail, online and direct sales of hemp-based products and other health related products.
Wanderport Corporation (OTC: WDRP)
Wanderport Corporation is a premier manufacturer and distributor of food, beverages and consumer products made with hemp. Its premium quality coffee blends are currently being sold in a growing number of grocery stores and small businesses in the Southern California territory. Its products are also sold online. For more information, visit http://www.wanderportcorp.com.
North American Cannabis Holdings, Inc.(OTC: USMJ)
North America Cannabis Holdings released an online update on the launch of the company’s Amazon of Cannabis E-commerce site and plans to build the “USMJ” name into a billion-dollar brand name in 2019.
Canbiola, Inc. (OTC: CANB)
Canbiola, Inc. is a US Company embarking in the sale of a variety of Cannabidiol (CBD) based products. Canbiola has developed its own line of proprietary products as well as seeking synergistic value through acquisitions in the CBD and the medical cannabis industry. The company has already launched several products found at www.canbiola.com.
Fresh Promise Foods, Inc., (OTC: FPFI)
A consumer products and marketing company, develops organic food and beverages. It provides chewable juices in the organic all-natural juice category under the Harvest Soul brand name. The company was formerly known as Stakool, Inc. and changed its name to Fresh Promise Foods, Inc. in September 2013. Fresh Promise Foods, Inc. is based in Alpharetta, Georgia.
Constellation Brands (NYSE: CGC)
Constellation Brands, North America’s first publicly traded cannabis company, is a multi-billion-dollar firm known for brands such as Corona. Last year, Constellation Brands announced that it would partner with Canopy Growth Corporation to research the possibility of developing a cannabis brew.
Heineken (NASDAQ: HEINY)
Almost two weeks ago, on July 30, Heineken launched Hi-Fi Hops, a cannabis-only beverage in a handful of dispensaries in California under its Lagunitas brand. The beverage is designed to taste like beer but does not contain alcohol.
Kona Gold Solutions, Inc. (OTC: KGKG)
Current product line is hemp energy drinks, CBD HighDrate water, energy patches, and hemp apparel.
Kona Gold Solutions, Inc. announced they will be producing a new Alkaline CBD water, HighDrate Storm. The company says it will be produced with a patented technology to create very healthy Alkaline water that is oxygenated, contains antioxidants, and is formulated for more effective hydration and optimal pH balance boosting your metabolism and providing more energy for better health.
For more information regarding Kona Gold Solutions, please visit:
http://www.konagoldhemp.com
https://www.facebook.com/konagoldhemp
https://twitter.com/konagoldhemp
https://www.instagram.com/konagoldhemp/
For more information regarding HighDrate, please visit:
http://www.highdrateme.com
https://www.facebook.com/HighDrateMe/
https://twitter.com/highdrateme
https://www.instagram.com/highdrateme/
Hemp and CBD pennies stocks can sky rocket from pennies to dollars quickly, perfect example CV Sciences, Inc (OTC: CVSI) was .24 in July 2017 and reached $7.26 August 2018
PotStocks
$ACAN $ABVG APHA $ACB $ALEAF $APRU $AZFL $BLEVF $CANB $CBIS $CIIX $CNTTF $CVSI $DMAN $ERBB $EMMBF $FPFI $FSDDF $FUAPF $GCGX $HYYDF $HMPQ $IBRC $ICNAF $ICNB $KAYS $KGKG $LBUY $LHSIF $LIHTF $LVVV $MCIG $MCOA $MMNFF $MJMJ $MJNA $MRMD $MRPHF $MYHI $OGRMF $PHOT $PLNHF PMCB $POTN $PURA $RLBD $RMHB $RSHN $SNNVF $SPRWF $TBPMF $USMJ $VATE $VPOR $WDRP
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