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 announced the launch of its new direct to consumer
website Alkaline88.com, where consumers will be able to buy our
full line of products, including Alkaline88® waters, A88 Infused
favors™ and eco-friendly aluminum bottles.
"We are proud to announce our new e-commerce
website, Alkaline88.com. With the in-house expertise already in
place from our e-commerce platform, A88CBD.com, which carries our
hemp-derived CBD topical and ingestible products, we were rapidly
able to develop this site. The decision to launch the site is
driven by the recent increase in online demand and changing
consumer buying habits. Over the last three months, our e-commerce
sales have increased by over 3,200% from this time last year.
Consumers are now able to purchase our products directly from the
Company no matter where they live," stated Richard A. Wright,
President and CEO of The Alkaline Water Company Inc.
"As always, we strive to give our customers the
absolute highest quality and best tasting products in the world.
With summer upon us, we are happy to offer a 20% discount on all
products purchased on Alkaline88.com through September 22, 2020. We
believe our new e-commerce platforms position our Company to meet
the demands of consumers now and into the future."
Per the Beverage Marketing Corporation's
Beverage Strategist issued on June 17, 2020, while the shift from
brick-and-mortar to online retail has been a long-term phenomenon,
e-commerce purchases of non-alcohol beverages have not been as
prevalent. However, stay-at-home orders have altered shopping
behavior, with more consumers signing on for online delivery of
non-alcohol beverages for the first time. Many grocery chain
partners have reported a surge in online sales in recent months. On
June 18, 2020, Kroger, one of the nation's largest retailers,
reported a record 92% increase in digital sales for its first
quarter of 2020.
About 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 seven 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 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 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’s E-commerce
site complements its existing 70,000 store strong presence and that
the Company believes its new E-commerce platforms position it to
meet the demands of consumers now and into the future.
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
The Alkaline Water (CSE:WTER)
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The Alkaline Water (CSE:WTER)
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