The Alkaline Water Company Continues to Expand DSD Footprint with Nevada Beverage Company
March 25 2021 - 9:15AM
Business Wire
Nevada Beverage Company to Distribute All
Alkaline88 Water Products across Nevada
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the
“Company”), the nation’s largest independent alkaline water
company, is thrilled to announce its latest partnership with Nevada
Beverage Company, a Nevada-based direct store delivery (DSD). Under
this agreement, Nevada Beverage will carry the full line of our
smooth tasting Alkaline88 and A88 Infused Flavored waters.
“We are pleased to welcome Nevada Beverage Company to our
growing DSD network. Nevada Beverage is a leading beverage
distributor in Nevada, serving over 2,900 accounts with a territory
encompassing 74 percent of the state population. As a best-in-class
DSD provider, the partnership allows our waters to inundate another
important market in the Southwest,” says Ricky Wright, President
and CEO of The Alkaline Water Company. “This marks our second major
DSD market expansion, following our recently announced distribution
agreement with the Arizona based Hensley Beverage Company. With our
superior smooth taste profile and increasing consumer demand for
eco-friendly options, we believe Alkaline88 and our A88 Infused
Flavored Waters will be very successful and popular with Nevada
Beverage’s customers.”
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 Alkaline88 and A88 Flavor Infused products online,
visit us at www.alkaline88.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 Nevada Beverage Company
Nevada Beverage Company is a Las Vegas based family owned,
beverage wholesaler that distributes a large portfolio of
beverages. With sales volume over 10 million cases, Nevada Beverage
consistently ranks in the top ten percent of all U.S. distributors.
Nevada Beverage currently has approximately 350 employees (Sales
Staff, Drivers, Merchandisers and support staff). Nevada Beverage
Company calls on approximately 2,942 Accounts and maintains a fleet
of 71 Delivery Trucks, 139 Sales Vans and 8 Draught Pouring Special
Event vehicles. For more information on Nevada Beverage visit
https://nevbev.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 partnership with Nevada Beverage allows the
Company’s waters to inundate another important market in the
Southwest; and that the Company believes Alkaline88 and its A88
Infused Flavored Waters will be very successful and popular with
Nevada Beverage’s customers.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210325005251/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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