- A88CBD™ powder packs are fully dissolvable and can be added to
any food or beverage.
- Available in four exciting flavors: fruit punch, lemonade,
mixed berry, and cranberry pomegranate.
- Ready for purchase on A88CBD.com by the end of November
2020.
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 its lifestyle brand A88CBD™ will
introduce new powder packs in four exciting flavors available by
the end of November.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201110005475/en/
The Alkaline Water Company®: A88CBD™
Powder Packs (Photo: Business Wire)
“We are thrilled to announce another exciting and innovative
product for our A88CBD™ ingestible line,” stated Ricky Wright,
President and CEO of The Alkaline Water Company. “Recently, we have
added multiple category-leading items to our portfolio of products
that differentiate us from competitors. Initial feedback has been
overwhelmingly positive, resulting in strong online sales. Our
latest addition, the A88CBD powder packs, tastes great and carries
the same high-quality, lab-tested CBD that is fully dissolvable in
any food and beverage. With commitments from over 500 retail
locations, we expect this highly anticipated product to be a hit in
the all-natural channel, especially with the support of our growing
CBD partner network. These powder packs will be available in four
exciting flavors and are perfect for the on-the-go consumer looking
for a quick boost with fast onset times. Our loyal customers can
drop these powder packs into their favorite A88 products to create
an energizing and refreshing drink.
“Our A88CBD ingestibles line includes tinctures, capsules,
flavored water, gummies, and now powder packs. These in-demand
items are gaining popularity in the c-store channel, and with
CBD-only and online retailers. We believe our latest offering, the
fruit-flavored powder packs, will help us further penetrate the
convenience store channel, with endless business possibilities. We
see this product as a perfect complement to our core waters,
especially as regulatory guidelines get further defined. The
industry is moving in the right direction, and with three
additional states legalizing recreational cannabis during this
election cycle, we see a bright future for our entire line of
great-tasting and best in class CBD products.”
Recently Launched A88CBD™
Products
- A88CBD™ Powder Packs – All natural, zero-calorie powder
packs will be sold as four-packs, with each individual powder pack
containing 25mg high-quality, lab-tested hemp extract per packet.
- Four exciting flavors: Fruit Punch, Lemonade, Mixed Berry, and
Cranberry Pomegranate.
- A88CBD™ Gummies – All natural and vegan gummies
available in 10-count and 50-count pouches and jars containing 5mg
high-quality, lab-tested, hemp extract per gummy.
- Four exciting flavors: Cherry, Tangerine, Key Lime, and Lemon
flavors.
- A88CBD™ Flavored Water – Zero-calorie and zero-sugar
water available in Lemon-Lime flavor in a 500-ml size containing
10mg of high-quality, lab-tested hemp extract.
- A88CBD™ Bath Bomb – All natural and cruelty-free Bath
Bomb available in 4.5 ounce Eucalyptus and Lavender scents
containing 150mg of high-quality, lab-tested hemp extract.
- A88CBD™ Deep-Relief Cream – Cruelty-free Deep Relief
cream available in 2-oz size containing 500mg of high-quality,
lab-tested hemp extract per jar.
The global CBD nutraceuticals market is projected to reach USD
17.4 billion by 2026, according to a report by Grand View Research,
Inc. It is anticipated to exhibit a CAGR of 18.8% during the
forecast period. CBD tinctures dominated the global Cannabidiol
(CBD) nutraceuticals market in 2018, with a revenue share of 42.6%,
primarily due to the increasing acceptance of cannabidiol for
health and wellness purposes, coupled with the high bioavailability
of tinctures. However, capsules and soft gels are anticipated to be
the fastest-growing product type over the forecast period. More
recently, powdered packs in sachets and stick packs are gaining
popularity, given its convenience and ability to dissolve into any
food or beverage. All these items are expected to continue to do
well in the retail and online channels. The Company offers these
category-leading and in-demand items on its e-commerce channel,
A88CBD.com, and at select brick and mortar and online
retailers.
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 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 lifestyle brand A88CBD™ will
introduce new powder packs in four exciting flavors available by
the end of November; that the Company expects the highly
anticipated power packs to be a hit in the all-natural channel,
especially with the support of the Company’s growing CBD partner
network; that the Company believes its latest offering, the
fruit-flavored powder packs, will help the Company further
penetrate the convenience store channel, with endless business
possibilities and the Company sees this product as a perfect
complement to its core waters, especially as regulatory guidelines
get further defined; that the Company sees a bright future for its
entire line of great-tasting and best in class CBD products; that
the global CBD nutraceuticals market is projected to reach USD 17.4
billion by 2026, according to a report by Grand View Research, Inc.
and it is anticipated to exhibit a CAGR of 18.8% during the
forecast period; that capsules and soft gels are anticipated to be
the fastest-growing product type over the forecast period; and that
All these items are expected to continue to do well in the retail
and online channels.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201110005475/en/
The Alkaline Water Company Inc. Richard A. Wright President and
CEO, or Sajid Daudi Director of Investor Relations & Corporate
Communications 800-923-1910 investors@thealkalinewaterco.com
Media Jessica Starman 888-461-2233 jessica@elev8newmedia.com
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