The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER)
(the “Company”), a producer of premium bottled alkaline drinking
water and flavored water sold under the brand name Alkaline88®, is
pleased to announce that the Company will be showcasing its new CBD
infused ingestibles and topicals products at the upcoming ECRM CBD
Food and Beverage Program on November 4-6, 2019 in Cape Coral,
Florida.
“ECRM is the perfect venue to showcase our CBD
infused product portfolio. Its unique format of Efficient Program
Planning Sessions creates highly productive one-on-one meetings
with pre-qualified, key decision-makers across a variety of
retailers representing drug stores, supermarkets, convenience
stores, and big-box stores. We have a strong slate of meetings
throughout the event and are looking forward to presenting our
strong line-up of CBD infused products to our current partners as
well as potential new customers,” stated Frank Chessman, director
of national sales of the Company.
“We are very excited to showcase our line of CBD
products to this very prominent group of buyers and influential
decision-makers across all the trade channels. Not only is it a
great forum for planning with our business partners and customers,
but it also provides valuable insight into what is trending in the
marketplace,” added Richard A Wright, president and chief executive
officer of the Company.
- A88™ CBD infused ingestibles portfolio includes flavored
drinks, beverage shots, capsules, powder packs, and tincture
drops.
- A88™ CBD infused topicals portfolio includes muscle salve, bath
salts, essential oil roller, hydrating body lotion, hydrating foot
and hand lotion, and lip balm.
The Company intends to comply in full with all
federal, state, and local laws, rules, and regulations as the
Company develops its CBD-infused products. The Company will not
pursue the commercial production or sale of CBD-infused 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
products accordingly.
About Efficient Collaborative Retail Marketing
(ECRM®)
ECRM® helps buyers and suppliers increase
productivity, optimize product assortments and enhance
collaboration efforts via its service offerings that include
product discovery, category development, and category planning. The
organization drives efficiencies in the buying and selling
processes via its portfolio of highly-focused, Efficient Program
Planning Sessions (EPPS) and proprietary software that streamlines
interactions between trading partners before, during, and after
each session. Over the past 20+ years, the company has grown to
serve buyers and suppliers around the world within a number of key
product categories including food and beverage, health and beauty
care, general merchandise, pharmaceuticals, electronics, and
others. For more information, please visit
www.ecrm.marketgate.com.
About The Alkaline Water Company Inc.
The Alkaline Water Company Inc. (NASDAQ and
TSXV: WTER) is a leading producer of premium bottled alkaline
drinking and flavored water sold under the brand name Alkaline88®.
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. The Company
recently announced a broad line of CBD infused products which
include ingestibles and topical products. For its ingestibles line,
the A88™ Infused Beverage Division Inc. produces CBD infused
drinks, beverage shots, tinctures, capsules, and powder packs. For
its topicals line, A88™ Infused Products Inc. produces salves,
balms, lotions, essential oils, and bath-salt all made with
lab-tested full-spectrum hemp. The Alkaline Water Company Inc. is
currently pursuing a national multi-channel, mass-market expansion
strategy with a direct-to-warehouse model and co-packaging
facilities that are strategically located 600 miles within 95% of
the U.S. population. Founded in 2012, the Company is headquartered
in Scottsdale, Arizona. To learn more about The Alkaline Water
Company, please visit www.thealkalinewaterco.com or
connect 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 will be
showcasing its new CBD infused ingestibles and topicals
products at the upcoming ECRM CBD Food and Beverage Program on
November 4-6, 2019 in Cape Coral, Florida; that the Company
will present its strong line-up of CBD infused products to its
current partners as well as potential new customers, and to a very
prominent group of buyers and influential decision-makers across
all the trade channels; and the products in the Company’s CBD
portfolio to be commercially produced when legally permitted.
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 the Company will
receive all necessary regulatory approvals for the production and
sale of CBD-infused products; 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 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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