The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER)
(the “Company”), a producer of bottled alkaline water,
flavored-infused waters, and CBD-infused products sold under the
brand names Alkaline88®, A88™, and A88CBD™, respectively today
announced that its A88™ flavor-infused water has received firm
commitments from over 10,000 stores nationwide.
“A88™ flavor-infused water, available in Blood
Orange, Lemon Lime, Lemon, Raspberry, Watermelon, and Peach Mango,
are gaining wide acceptance from our current customer base. With
firm commitments in hand and a strong reception of our flavored
water, our sales team is adding new chains weekly. We currently
have commitments to place our infused lines in 6 of the top 25
retail chains in the country. The reception is incredible, and by
the end of June we expect our flavors to be available in
approximately 10,000 retail stores across the nation. Recently at
the KeHE National Summer Selling Show, we received orders for
approximately 10,000 cases of our flavored infused water,” stated
Richard Wright, President and CEO.
“Beginning this week and following the
successful launch of A88CBD.com, our topical CBD E-commerce site on
February 20th, 2020, we will be making our A88 flavor-infused
waters available for purchase on Amazon.com. They will be available
for immediate shipment,” concluded Richard
Wright.
Recognized as one of the Top 25 Fastest-Growing
Shows by Trade Show News Network, the KeHE Summer Show is a hub for
innovation, connection, and discovery. This annual show brings
together retailers, suppliers, KeHE representatives, and vital
industry members to experience thousands of the top natural and
organic, fresh, and specialty products on the market today. This
year, Alkaline88™ was one of the top 3 brands out of over 1500
Brands that sell their products at this show.
About The Alkaline Water Company Inc.
The Alkaline Water Company Inc. (NASDAQ and
TSXV: WTER) is a producer of bottled alkaline water,
flavored-infused waters, and CBD infused products sold under the
brand names Alkaline88®, A88™, and A88CBD™, 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. To purchase A88CBD™ products online, visit us
at www.A88CBD.com.
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.
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: the Company’s expectation that
its flavors to be available in approximately 10,000 retail stores
across the nation by the end of June.
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 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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