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.
Today, the Company announces that A88CBD™’s full line of topical
and ingestible products are now available at all three The
Alchemist’s Kitchen locations.
“We are excited to announce a new retail
partnership for our in-demand line of A88CBD topical and ingestible
products,” said Richard A. Wright, President and CEO of The
Alkaline Water Company. The Alchemist’s Kitchen is a premier
east-coast chain focused on the highest quality plant-based herbal
remedies. Our CBD products, made from USA-grown, high-quality, full
and broad-spectrum hemp, carry the same brand philosophy and are
targeting the same consumer demographic. So, our partnership, which
includes a co-marketing opportunity is a win-win for both
organizations.”
The Alchemist’s Kitchen has three storefront retail locations on
the East Coast, including its flagship location in New York, New
York. All of A88CBD™’s topical and ingestible offerings are
available both in-store and online on the Alchemist’s Kitchen
digital shop.
Along with offering A88CBD™’s products for purchase, the brand
is partnering with The Alchemist’s Kitchen for a co-branded
out-of-home advertising campaign, which launched on June 25. This
partnership includes visual and video content on billboards and on
both The Alchemist’s Kitchen and A88CBD™’s social media
channels.
“Our A88CBD line is now available in two
prominent CBD dispensaries chains, located in major metropolitan
areas, L.A. and now New York. With a target list that exceeds over
72,000 stores nationwide, we are very early in our journey of
becoming one of the leading CBD consumer goods brand in the nation.
Our teams are working cross-functionally to leverage existing
brick-and-mortar relationships, and we expect a steady stream of
new retail wins throughout our fiscal year 2021.”
A88CBD™’s Topical Product Portfolio:
- A88CBD™ Hydrating Body Lotion - Contains 100mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Hydrating Hand + Foot Cream - Contains 100mg of
high-quality, lab-tested full-spectrum hemp
- A88CBD™ Infused Lip Balm - Contains 25mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Muscle Salve - Contains 500mg of high-quality,
lab-tested full-spectrum hemp
- A88CBD™ Bath Salts - Contains 150mg of high-quality, lab-tested
full-spectrum hemp
- A88CBD™ Infused Essential Oil - Contains 100mg of high-quality,
lab-tested full-spectrum hemp
A88CBD™’s Ingestible Product Portfolio:
- A88CBD™ Oil Tincture - Contains 5mg of high-quality, lab-tested
full-spectrum hemp
- A88CBD™ Vegan Gummies - Contains 2.5mg, 5mg, or 25mg of
high-quality, lab-tested full-spectrum hemp
- A88CBD™ Capsules - Contains 25mg of high-quality, lab-tested
full-spectrum hemp
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fc64ab87-627d-4113-9a33-b390f35c4aef
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 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 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 with a target list that
exceeds over 72,000 stores nationwide, the Company is very early in
the Company’s journey of becoming one of the leading CBD consumer
goods brand in the nation; and that Company expects a steady stream
of new retail wins throughout its fiscal year 2021.
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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