The Alkaline Water Company Partners with New
Retailers for Continued National Expansion
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the
“Company”), premium producer of bottled alkaline water and CBD
infused products, is pleased to announce new partnerships with
three retailers — Gabe’s, Reasor’s Foods and Banner Wholesale
Grocers — to carry its A88CBD™ and A88 Infused™ products. Specialty
discount retailer Gabe’s will carry its A88CBD 10-pack regular
gummies (in multiple flavors) and A88CBD lemon-lime flavored CBD
waters across 120 of its high-volume store locations; Reasor’s
Foods, a regional grocery store chain in the Southwest, will carry
five of its topical products across 20 locations; and A88CBD
gummies as well as A88 Infused™ CBD lemon lime flavored water is
now available at Chicago based Banner Wholesale Grocers.
“We continue to see strong momentum across our A88CBD product
portfolio. Our CBD water is leading the charge and quickly gaining
traction among retailers and consumers,” says Ricky Wright,
president and CEO of The Alkaline Water Company. “With improving
demand trends for CBD consumer products, a favorable legislative
landscape and a higher retail channel acceptance, we believe our
A88CBD lifestyle products are well-positioned to capture a
significant share in this emerging consumer goods category. We will
continue to look for opportunities to grow our product line’s
brick-and-mortar presence.”
The Alkaline Water Company’s recently launched A88CBD gummies
and CBD flavored water will now be offered at all Gabe’s, a company
known for its quality of goods and exceptional prices. In addition,
Reasor’s Foods will carry the Alkaline Water Company’s CBD topicals
line and Banner Wholesale Grocers, an independent Chicago-based
grocer and wholesaler with stores across the Midwest, will
distribute A88CBD™ products to select retailers.
These partnerships are meaningful wins for the A88CBD brand as
it enhances the Alkaline Water Company’s brick-and-mortar presence
with some of the most sought-after CBD products in the segment.
The Alkaline Water Company’s top-of-the-line and robust
portfolio of A88CBD topical and ingestible products is doing very
well in the e-commerce channel through its site A88CBD.com, and its
teams are pursuing a strong pipeline of retail opportunities across
all trade channels.
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 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.
About Gabe’s:
Gabe’s is a discount
department store chain with 112 store locations across 13 states
including Delaware, Georgia, Indiana, Kentucky, Maryland, New
Jersey, North Carolina, Ohio, Pennsylvania, South Carolina,
Tennessee, Virginia, and West Virginia. To learn more about Gabe’s
visit https://www.gabesstores.com/.
About Reasor’s Foods:
Reasor’s Foods is an employee-owned, full service, regional
grocery store chain based in Tahlequah, Oklahoma with 17 store
locations. To learn more about Reasor’s visit
https://www.reasors.com/.
About Banner Wholesale:
Banner Wholesale is a family owned and operated independent
Chicago based grocer. Banner Wholesale offers a wide variety of
merchandise, specializing in American and Hispanic products. To
learn more about Banner Wholesale visit
https://www.bannerwholesale.com/.
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 believes its A88CBD lifestyle products
are well-positioned to capture a significant share in this emerging
consumer goods category; that the Company will continue to look for
opportunities to grow its product line’s brick-and-mortar presence;
and that the Company’s teams are pursuing a strong pipeline of
retail opportunities across all trade 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/20210323005198/en/
The Alkaline Water Company Inc. Richard A. Wright President and
CEO 800-923-1910 investors@thealkalinewaterco.com Media Susie Timm
Knife & Fork Media Group 480-200-2766
Susie@knifeandforkmedia.com
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