The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER)
(the “Company”), is a producer of premium bottled alkaline water,
flavored-infused waters, and CBD infused products sold under the
brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively.
The Company announces today that they have aggressively expanded
the sales channels for its growing portfolio of A88CBD™ Topicals
products.
“With CBD sales surging during the Covid-19
related quarantines, we are thrilled to announce multiple new brick
and mortar and online marketplace partnerships that expand the
availability of our A88CBD™ portfolio of products,” said Richard A.
Wright, President and CEO of The Alkaline Water Company. “Our
flagship brand Alkaline88® has seen tremendous success on Amazon
already, and we expect this trend to continue as consumers
enjoy our growing line of A88CBD™ topical products. We are also
partnering with CBD.co, a premier online marketplace for CBD users
and wholesale retailers, to provide yet another direct channel to
reach our customers and accelerate our product sales.”
“Establishing a substantial brick and mortar
presence is key to our A88CBD™ growth strategy. We are excited to
announce that our topical products will now be available at select
Vitamin Plus locations in the Texas market and at all Pure CBD
locations in the LA market. Both retailers focus on the health and
wellness lifestyle-oriented consumer, which aligns very well with
our organic and all-natural products. We have carefully built our
brand on trust and integrity and bring that same vigor to our line
of A88CBD™ products. Our topical products use the highest quality,
lab-tested hemp-derived CBD, and we provide complete transparency
with certificate of analysis for our entire line of A88CBD™
products. With a growing online and brick and mortar presence and a
healthy sales pipeline across multiple retail channels, we are
well-positioned to establish A88CBD™ as a leading brand in the
nascent CBD infused products market.”
The Company’s partnership with Pure CBD also
includes co-branded marketing opportunities, like creative
out-of-home advertisements, and featured A88CBD™ product placement
on Pure CBD’s e-commerce site, www.healwithnature.com, and its
social media channels.
Once available, CBD-infused water and ingestible
products will also become available in Pure CBD stores at the
Company’s Amazon store, Alkaline88.
Vitamin Plus is independent, locally owned,
organic, health and wellness retail stores with the goal of
providing communities with the highest quality nutritional and body
care products.
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company
(NASDAQ and TSXV: WTER) is headquartered in Scottsdale, Arizona.
Its flagship product, Alkaline88®, is a leading premier alkaline
water brand available in bulk and single-serve sizes along with
eco-friendly aluminum packaging options. With its innovative,
state-of-the-art proprietary electrolysis process, Alkaline88®
delivers perfect 8.8 pH balanced alkaline drinking water with trace
minerals and electrolytes and boasts our trademarked label ‘Clean
Beverage.’ Quickly being recognized as a growing lifestyle brand,
Alkaline88® launched A88 infused™ in 2019 to meet consumer demand
for flavor-infused products. A88 infused™ flavored water is
available in seven unique all-natural flavors, with new flavors
coming soon. Additionally, in 2020, the Company launched A88CBD
Infused™ brand, featuring a broad line of topical and ingestible
products. These products are made with lab-tested full-spectrum
hemp and include salves, balms, lotions, essential oils,
bath-salts, CBD infused drinks, beverage shots, tinctures,
capsules, gummies, and powder packs. To purchase A88CBD Infused™
products online, visit us at www.A88CBD.com. To learn more about
The Alkaline Water Company, please visit www.thealkalinewaterco.com
or connect with us on Facebook, Twitter, Instagram, or
LinkedIn.
The Company intends to comply in full with all
federal, state, and local laws, rules and regulations as the
Company develops its CBD-infused ingestible products. The Company
will not pursue the commercial production or sale of CBD-infused
ingestible products until legally permitted. The Company is
closely watching and responding to all regulatory developments
within the FDA and in each individual U.S. state, and plans to
launch its CBD infused ingestible products accordingly.
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements.”
Statements in this news release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future. Such forward-looking statements include, among other
things, the following: that the Company expects the tremendous
success of the Company’s flagship brand Alkaline88® on Amazon to
continue as consumers enjoy the Company’s growing line of A88CBD™
topical products; that the partnering with CBD.co is to accelerate
the Company’s product sales; and that the Company is
well-positioned to establish A88CBD™ as a leading brand in the
nascent CBD infused products market.
The material assumptions supporting these forward-looking
statements include, among others, that the demand for the Company’s
products will continue to significantly grow; that the past
production capacity of the Company’s co-packing facilities can be
maintained or increased; that there will be increased production
capacity through implementation of new production facilities, new
co-packers and new technology; that there will be an increase in
number of products available for sale to retailers and consumers;
that there will be an expansion in geographical areas by national
retailers carrying the Company’s products; that there will be an
expansion into new national and regional grocery retailers; that
there will be an expansion into new e-commerce, home delivery,
convenience, and healthy food channels; that there will not be
interruptions on production of the Company’s products; that there
will not be a recall of products due to unintended contamination or
other adverse events relating to the Company’s products; and that
the Company will be able to obtain additional capital to meet the
Company’s growing demand and satisfy the capital expenditure
requirements needed to increase production and support sales
activity. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, governmental regulations being implemented
regarding the production and sale of alkaline water or any other
products, including products containing hemp/CBD; the fact that
consumers may not embrace and purchase any of the Company’s
CBD-infused products; the fact that the Company may not be
permitted by the FDA or other regulatory authority to market or
sell any of its CBD-infused products; additional competitors
selling alkaline water and enhanced water products in bulk
containers reducing the Company’s sales; the fact that the Company
does not own or operate any of its production facilities and that
co-packers may not renew current agreements and/or not satisfy
increased production quotas; the fact that the Company has a
limited number of suppliers of its unique bulk bottles; the
potential for supply-chain interruption due to factors beyond the
Company’s control; the fact that there may be a recall of products
due to unintended contamination; the inherent uncertainties
associated with operating as an early stage company; changes in
customer demand and the fact that consumers may not embrace
enhanced water products as expected or at all; the extent to which
the Company is successful in gaining new long-term relationships
with new retailers and retaining existing relationships with
retailers; the Company’s ability to raise the additional funding
that it will need to continue to pursue its business, planned
capital expansion and sales activity; and competition in the
industry in which the Company operates and market conditions. These
forward-looking statements are made as of the date of this news
release, and the Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by applicable law, including the
securities laws of the United States and Canada. Although the
Company believes that any beliefs, plans, expectations and
intentions contained in this news release are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Readers should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in the reports and other documents the
Company files with the SEC, available at www.sec.gov, and on the
SEDAR, available at www.sedar.com.
The Alkaline Water Company Inc.
Richard A. Wright President and CEO, or
Sajid DaudiDirector of Investor Relations & Corporate
Communications 800-923-1910 investors@thealkalinewaterco.com
Media
Jessica Starman 888-461-2233 jessica@elev8newmedia.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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