US-based developer of functional beverages Kona Gold Solutions has signed two distribution agreements in Bermuda and New York.

The distribution deal in Bermuda is reported to be the first for the company outside the US and the unnamed distribution firm will be exclusively distributing Kona Gold Hemp Energy Drinks on the island of Bermuda.

In Upstate New York region, Kona Gold’s new partner will be distributing its Hemp Energy Drinks and HighDrate Cannabidiol (CDB) Energy Waters.

Kona Gold Solutions CEO Robert Clark said: “I’m excited to be announcing that we have partnered with our first distributor outside of the US, bringing our popular Kona Gold Hemp Energy Drinks to the beautiful island of Bermuda.

“These two new opportunities are a reflection of the growth and expansion the company is aggressively pursuing in 2018.”

“Along with our new distribution partner in Bermuda, we entered into a distribution agreement with a New York company that will also be opening a retail location in upstate New York, selling and distributing our hemp energy drinks and CBD energy waters.

“We are very excited for these two new opportunities, which are a reflection of the growth and expansion the company is aggressively pursuing in 2018.”

The functional beverage maker is reported have generated significant revenues last month through the sales of its hemp energy drinks and CBD energy waters.

Clark said: “The last forty-five days, especially the month of April, has been extremely busy for the company and we have experienced record growth and revenue from sales of our Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters.

“The company’s core objective in 2018 is to focus on sales and to bring on new distribution partners, which we are successfully executing.”