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KonaRed sees sales growth through expansion of distribution network

DBR Staff Writer Published 22 June 2016

KonaRed Corporation reported continued fast growth of its Cold Brew Coffee beverage line with expansion of distribution network and new authorisations at key retailers.

The Company also announced its three varieties of Cold Brew Coffees will be soon be available in over 340 Vons, Albertsons and Pavilions in Southern California, starting in July.

KonaRed president & coo, Kyle Redfield said: "Our Cold Brew Coffee line is continuing to grow rapidly. We are successfully expanding our distribution regions and have recently secured new authorizations at another group of major retail store chains.

"We expect these new authorizations alone will grow our sales another 30% in the immediate future. Along with these new store placements we continue to see the product jumping off of shelves at record pace.

"The re-ordering, or 'turns', on our new Cold Brew Coffees are like nothing we, or the retailers, have seen before."

KonaRed offers Original, Hawaiian Vanilla and Espresso Cold Brew flavors in 12oz glass bottles with eye-catching labels. The beverages are refreshing, ready-to-drink coffees based on premium coffee beans and functional Hawaiian coffee fruit.

This healthy innovative coffee is like nothing seen before and is created in a process where roasted and ground coffee beans are steeped in cold water for over 16 hours, resulting in a delicious, low acid, highly caffeinated craft coffee experience.

Redfield continued: "The Cold Brew Coffee space is going to continue to see massive growth this year, and we are at the forefront of that with our current and growing retail footprint.

"The real icing on the cake for us over the last 30 days has been the rave reviews received from the market place. Corporate buyers and consumers alike are saying KonaRed is one of the best new products they're seeing this summer.

"In fact, our Hawaiian Vanilla Cold Brew Coffee took home a prestigious Bev Star award from Beverage World Magazine in June. We continue to predict our Cold Brew Coffees will become our dominant product going forward. We find ourselves in the right place at the right time."

Source: Company Press Release