The Alkaline Water Company Adds Direct-Store-Deliver (DSD) Distributor, Mahaska to Expand Midwest Footprint
12 August 2020 - 11:00PM
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER)
(the “Company”), is a producer of premium bottled alkaline water,
flavor-infused waters, and CBD infused products sold under the
brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively.
Today, the Company announces that The Alkaline Water Company’s
entire line of beverage offerings, including flavored waters, will
be carried by Mahaska, a leading Direct-Store-Deliver (DSD)
provider in some of the major markets in the Midwest.
“We are excited to announce the addition of
Mahaska to our growing list of channel partners. As a best in class
provider, the partnership opens an important regional market for us
in our pursuit to be a national lifestyle brand across all major
retail channels. In addition to their strong presence in the
supermarket and convenience store channel, Mahaska also serves an
extensive network of vending providers and micro-markets, which
could eventually open an exciting new growth market for us. This
ties nicely with our major growth initiative of penetrating the
hospitality space during our current fiscal year. With our superior
taste profile and increasing consumer demand for healthier and
eco-friendly options, we believe our brands will be a hit with
their customers,” stated Richard Wright, President and CEO of The
Alkaline Water Company.
Mahaska is a 7th generation family-owned food
and beverage distribution company that has been around for more
than 125 years. They offer a wide array of proprietary/partner
brands, products, services, and distribution in Iowa, Kansas,
Nebraska, as well as parts of Illinois, Missouri, and South
Dakota. Mahaska serves a broad group of clients with Hy-Vee as
a prominent name in the grocery channel and Bucky’s, Casey’s, Kum
and Go, and Chubby’s in the convenience store channel.
The Alkaline Water Company
Founded in 2012, The Alkaline Water Company
(NASDAQ and CSE: 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 six unique all-natural flavors, with new flavors
coming soon. Additionally, in 2020, the Company launched A88
Infused Beverage Division Inc., which includes the Company’s CBD
water and flavor-infused water. For the Company’s topical and
ingestible offerings, A88 Infused Products Inc. includes both the
Company’s lab-tested full-spectrum hemp salves, balms, lotions,
essential oils, and bath salts, along with broad-spectrum hemp
beverage shots, powder packs, oil tinctures, capsules, and
gummies.
To purchase A88CBD™ 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 partnership with Mahaska opens an
important regional market for the Company in the Company’s pursuit
to be a national lifestyle brand across all major retail channels;
Mahaska’s extensive network of vending providers and micro-markets
could eventually open an exciting new growth market for the
Company, which ties nicely with the Company’s major growth
initiative of penetrating the hospitality space during the
Company’s current fiscal year; and the Company’s belief that the
Company’s brands will be a hit with Mahaska’s customers.
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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