The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER)
(the “Company”), a producer of premium bottled alkaline and
flavored water sold under the brand names Alkaline88® and A88™, is
pleased to announce that the Company will be showcasing its
full-line of CBD infused topical products at the upcoming ECRM The
HEMP/CBD Health and Beauty Care program on January 27-30 in
Jacksonville, Florida.
“We are very excited to showcase our
commercially ready portfolio of CBD topicals along with the full
line of CBD products to this strategically important group of
national and regional buyers and influential decision-makers. Since
the passage of the 2018 Farm bill, which legalized the production
of the industrial hemp, CBD as a consumer product category
continues to evolve and is emerging as a significant growth driver.
Our brand extension through a robust portfolio of CBD infused
topical products creates a significant opportunity for the
company,” stated Richard A. Wright, president, and chief executive
officer of the Company.
According to Grandview Research, the global CBD
skincare market size is valued at USD 234.1 million in 2018 and
expected to expand at a CAGR of 32.9% from 2019 to 2025. Their
research suggests that the market is majorly driven by growing
awareness with respect to the benefits of CBD infused personal care
products.
Mr. Wright further added, “Topical CBD is
garnering strong interest from traditional retailers and
wholesalers across the country. Based on our strong relationships
and trust we have built with these retailers they have total
confidence that our CBD products have the integrity their consumers
demand and we have the capabilities to fulfill their orders. I
fully expect that our A88™ brand of CBD infused products will
become one of the leading providers of topical CBD in the
traditional retail channel.
“ECRM is a 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 in the health and beauty
retail store and wholesale trade channel. We have a strong slate of
meetings throughout the event and are looking forward to presenting
our portfolio of CBD infused products to our current partners as
well as potential new customers,” stated Frank Chessman, director
of national sales of the Company.
- A88™ CBD infused topicals portfolio includes muscle salve, bath
salts, essential oil roller, hydrating body lotion, hydrating foot,
and hand lotion, and lip balm.
- A88™ CBD infused ingestibles portfolio includes flavored
drinks, beverage shots, capsules, powder packs, and tincture
drops.
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 several 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 producer of premium bottled alkaline and flavored
water sold under the brand names Alkaline88® and A88™,
respectively. 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’s brand
extension through a robust portfolio of CBD infused topical
products creates a significant opportunity for the Company; that
the global CBD skincare market size is expected to expand at a CAGR
of 32.9% from 2019 to 2025; that the Company has the capabilities
to fulfil the orders for its CBD products; and the expectation that
the Company’s A88™ brand of CBD infused products will become
one of the leading providers of topical CBD in the traditional
retail channel.
The material assumptions supporting these
forward-looking statements include, among others, that the demand
for the Company’s products will continue to grow significantly;
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 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.
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.
The Alkaline Water (TSXV:WTER)
Historical Stock Chart
From Oct 2024 to Nov 2024
The Alkaline Water (TSXV:WTER)
Historical Stock Chart
From Nov 2023 to Nov 2024