MELBOURNE, Fla., Jan. 22, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- Kona Gold Solutions, Inc., a hemp and CBD lifestyle brand focused on product development in the functional beverage sector, has announced the company has entered into a partnership with Huck’s, a popular and established convenience store chain. Huck’s will be selling the company’s Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters in all of their stores. Huck’s will also be the company’s first chain to receive and sell its all new Cotton Candy Hemp Energy Shots that will be produced in the first quarter of 2019.

Huck’s was established in 1960 by Bob Martin and Frank Bayley in small Southern Illinois towns and has grown to over 120 locations in five states: Illinois, Indiana, Kentucky, Missouri and Tennessee. Huck’s has grown to be one of the most financially sound companies in the county with over 1,500 employees. In March of 2001, the Martin and Bayley families sold the company to the employees making it a 100-percent Employee Owned Company. To learn more about Huck’s, visit their website at http://hucks.rovertown.com/.

“I am excited to announce our new partnership with Huck’s, the company’s first convenience store chain,” stated Robert Clark, CEO of Kona Gold. “Huck’s is a fantastic, employee-owned company with a great story and we are thrilled to be partnering with them to sell our products in over 120 stores they operate in five states. Our Midwest sales manager, Chad Webb, has worked closely with Huck’s to bring this new partnership to fruition. Huck’s will be carrying our current lineup of products and will be introducing our new Cotton Candy Hemp Energy Shots to the market once they become available this quarter.”

The announcement of Huck’s partnership comes on the heels of the company announcing its distribution agreement with Anheuser-Busch distributor, Kentucky Eagle. The company is aggressively pursing distribution and chain authorizations in multiple states as it grows its market share as the leader in the hemp and CBD beverage space.

TORONTO, Jan. 22, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- Two Hands Corporation, a custom application development company, has agreed to purchase 100 percent of the license to grow, export and hold cannabis and CBD derivatives in Colombia from Plantro Inc S.A.S.

Under the terms of the agreement, the company will pay ten million restricted shares of common stock and a 15-percent royalty based on net income. The purchase is expected to close on Feb. 15, 2019, subject to the conditions in the 8-k filed on Jan. 17, 2019 with the SEC at www.sec.gov.

CEO of Two Hands, Nadav Elituv, commented, “Colombia has become a highly sought after jurisdiction for cannabis cultivation activities, it has world leading acceptance, ideal growing conditions, and an immense market. The agreement is an opportunity to see our company add production capabilities in the fast growing world markets of health and wellness, with a CBD focus allowing us to offer a wide range of products. We expect better access to institutional investors and a broader shareholder base through the addition of this license."

GARDEN GROVE, Calif., Jan. 22, 2019 (GLOBE NEWSWIRE) -- PRESS RELEASE -- KushCo Holdings, Inc., the parent company of Kush Supply Co., Kush Energy, The Hybrid Creative and Koleto Innovations, which provide a range of services and products for the regulated cannabis, CBD and other related industries, has announced it closed a registered direct offering of 6,476,190 shares of common stock and warrants to purchase 3,238,095 shares of common stock with a combined purchase price of $5.25 per share on Jan. 18, 2019. The warrants have an exercise price of $5.75 per share, are immediately exercisable and will expire five years from the date of issuance. The gross proceeds of the offering are approximately $34,000,000 before deducting placement agent fees and other estimated offering expenses. The company intends to use the net proceeds for general corporate purposes, including, among other things, working capital, product development, acquisitions, capital expenditures and other business opportunities.

A.G.P./Alliance Global Partners acted as the lead placement agent in connection with the offering.

Compass Point Research & Trading, LLC acted as co-placement agent in connection with the offering.  Northland Securities, Inc. acted as a financial advisor in connection with the offering.

KushCo’s Chief Executive Officer Nick Kovacevich commented, “We continue to be very pleased with our rapid revenue growth and significant customer expansion, as evidenced by our recently announced long-term supply arrangements-in-principle totaling $75.0 million. We believe this recent capital raise will continue to allow us to appropriately fund our working capital needs and fuel our continued sales trajectory and meet our growing customer demand. The cash proceeds will also support our current investment in our technology platforms leading to improved supply chain efficiencies. As we progress through fiscal 2019, we remain acutely focused on building out a scalable, sustainable business, executing on our cross-selling strategy and being a first-mover in new domestic and international markets.”

This offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-221910) previously filed with the U.S. Securities and Exchange Commission (the “SEC”), and an additional registration statement on Form S-3 filed pursuant to Rule 462(b) under the Securities Act, which became effective upon filing on Jan. 16, 2019 (File No. 333-229264). A prospectus supplement describing the terms of the proposed offering has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained from A.G.P./Alliance Global Partners, 590 Madison Avenue, 36th Floor, New York, NY 10022 or via telephone at 212-624-2006 or email: prospectus@allianceg.com.