The Alkaline Water Company Inc. (NASDAQ and CSE: WTER)
(the “Company”), is a producer of premium bottled alkaline water,
flavor-infused waters, and CBD infused products sold under the
brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively.
Today, the Company announces that it is now an approved vendor for
Kampgrounds of America (KOA®) and Yogi Bear’s Jellystone Park™
Camp-Resorts.
“We are pursuing some exciting growth
opportunities in the hospitality segment and are thrilled to
announce our newest partnership with two of North America’s leading
family camping destination providers,” stated Ricky Wright,
President and CEO of The Alkaline Water Company. “There are
approximately 82 million camper households in the U.S., and the
recent pandemic related travel limitations are drawing more
first-time campers to the activity. Camping and glamping booking
services providers are reporting huge spikes in business, with some
400% busier than the same time last year. As such, our timing is
perfect, and pursuing unique growth areas in the hospitality and
foodservice arena remains a priority. As an approved vendor, our
leading brands, Alkaline88®, and A88 Infused™ flavors, will be
available to franchisors of approximately 520 KOA® and 81
Jellystone Park™ Camp-Resort locations. In addition, KOA®
campgrounds will offer A88CBD™ products to adult guests. Our
single-serve, eco-friendly, and all-natural products are an ideal
fit for this segment and will be offered at their retail camp
stores and on-site foodservice operations. We believe our products’
availability at these high traffic locations represents a huge
growth opportunity and will further enhance the brand equity of our
lifestyle products.”
According to the 2020 North America Camping
Report, new and unique outdoor experiences are driving the growth
in camping in North America. Camping and RVing are becoming
increasingly popular and attracting a diverse group of new campers.
The report found that participation continued its growth trend
among the youngest generations (Millennials, Generation X, and even
more Generation Z groups).
Key findings from the report are:
-
The active camper households in the U.S. in 2019 exceeded 82
million.
-
The year over year growth in the U.S. camping householders
increased by 2.7 million.
-
The number of households who camped at least once in 2019 was
nearly 42 million.
-
Since 2014, the number of households who camp 3+ times per year
increased by 82%.
The study further found that even against the
backdrop of this year’s global pandemic, prospective campers’
interest is expected to support the camping sector’s continued
growth in 2020.
Kampgrounds of America
(KOA)
Kampgrounds of America, Inc. (KOA®) is the
world’s largest system of privately held campgrounds. Founded in
1962 in Billings, Montana, it currently operates in over 520
locations in U.S. and Canada, delivering all types of camping
experiences through its KOA® Journey, KOA® Holiday, KOA® Resort,
and other unique lodging accommodations.
Leisure Systems and Yogi Bear’s
Jellystone Park™ Camp-Resorts
Leisure Systems, Inc. (LSI) is the Franchisor
for Yogi Bear’s Jellystone Park™ Camp-Resorts. Launched in 1969,
the Jellystone Park system now operates in 81 markets in the U.S.
and Canada and is the second-largest chain of campgrounds in the
U.S. LSI is a wholly-owned subsidiary of The Park River
Corporation, Cincinnati, Ohio.
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 six 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,
powder packs, oil tinctures, capsules, and gummies.
To purchase A88CBD™ 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 being approved by KOA and
Yogi Bear Jellystone Parks represent a huge growth opportunity and
will further enhance the brand equity of the Company’s lifestyle
products.
The material assumptions supporting these
forward-looking statements include, among others, that the demand
for the Company’s products will continue to significantly grow,
including by operators of campgrounds; 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 water or CBD-infused
products; the fact that operators of KOA Campgrounds and Jellystone
Parks may not carry the Company’s products in their locations; 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. WrightPresident and CEO, or
Sajid DaudiDirector of Investor Relations & Corporate
Communications800-923-1910investors@thealkalinewaterco.com
Media
Jessica Starman888-461-2233jessica@elev8newmedia.com
The Alkaline Water (CSE:WTER)
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The Alkaline Water (CSE:WTER)
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