The Alkaline Water Company Inc. (NASDAQ and CSE: 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 today announced that its line of A88CBD™ infused
ingestibles products are now available on A88CBD.com, and at Pure
CBD, a CBD-only dispensary with multiple retail locations in LA.
“We are excited to expand our CBD product
portfolio with the launch of our A88CBD™ infused line of
ingestibles. Our newly launched e-commerce site, A88CBD.com, is off
to a great start with our digital strategies driving strong
visitation and healthy conversation rates. To further enhance the
digital customer experience, we continue to add new content and
features, which include educational blogs, subscription options,
and certificate of analysis on all products for complete
transparency. Establishing our strong online presence with
our topicals line is one aspect of our go-to-market strategy. Our
ingestibles product portfolio accelerates our reach into
traditional retailers where we already have established
relationships. We are off to a great start with the recent
announcements of select Vitamin Plus stores carrying our topical
products and Pure CBD, a CBD-only dispensary with multiple
locations in LA, carrying our entire line of A88CBD™ products,”
stated Richard Wright, President and CEO of The Alkaline Water
Company.
A Media Snippet accompanying this announcement is
available by clicking on the image or link below:
A88CBD™ Ingestibles Product
Portfolio:
- A88CBD™ Infused capsules – Contains 25mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Infused oil tinctures – Contains 5mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Infused gummies – Contains 15mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Infused beverage shots – Drop date to be announced
soon
- A88CBD™ Infused powder packs – Drop date to be announced
soon
- A88CBD™ Infused water – Coming soon
“There are multiple reasons for this launch. For
one, we’ve seen instant success with our topical line, which
launched in February. The successful launch of the CBD topicals
through both online and retail channels makes this a natural brand
extension. We understand E-commerce, and we’ve shown that. Most
importantly, though, retailers have been asking us for more CBD
products. As a known and trusted water brand, we expect our A88CBD™
infused water and all our CBD products to be highly coveted items
by our loyal base of consumers.
“As an already proven lifestyle brand that
consumers can trust, our commitment to safety and quality remains
our top priority. Our established national footprint, a growing
network of brokers and distributors, and an emerging experiential
e-Commerce platform position us effectively to capitalize on this
tremendous opportunity. With a robust line of topicals and
ingestibles products, we are well-positioned in two of the leading
CBD product categories, and we remain committed to becoming one of
America’s trusted and go-to lifestyle brands.”
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company
(NASDAQ and TSXV: WTER) is headquartered in Scottsdale, Arizona.
Its flagship product, Alkakline88®, 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.
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 its
A88CBD™ infused water and all its CBD products to be highly
coveted items by its loyal base of consumers; that the Company’s
established national footprint, a growing network of brokers and
distributors, and an emerging experiential e-Commerce platform
position the Company effectively to capitalize on this tremendous
opportunity; and that with a robust line of topicals and
ingestibles products, the Company is well-positioned in two of the
leading CBD product categories.
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
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