The Alkaline Water Company’s A88CBD™ to Launch in Elevated Wellness CBD Print
GlobeNewswire
Wednesday, 05 August 2020 04:15
  • A88CBD™ geared to launch in Elevated Wellness’ in-store retailers and e-commerce shop.

SCOTTSDALE, Ariz., Aug. 05, 2020 (GLOBE NEWSWIRE)

  • A88CBD™ geared to launch in Elevated Wellness’ in-store retailers and e-commerce shop.

SCOTTSDALE, Ariz., Aug. 05, 2020 (GLOBE NEWSWIRE) -- 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 A88CBD™’s complete portfolio of CBD topicals and ingestibles products will be available in Elevated Wellness’ retail locations and its e-commerce store.

“The Alkaline Water Company family is thrilled to announce its partnership between A88CBD™ and Elevated Wellness,” stated Richard Wright, President and CEO of The Alkaline Water Company. “This collaboration not only includes all A88CBD™ products in-store at Elevated Wellness’ Austin locations and online on its e-commerce store but also co-branding opportunities to increase  A88CBD™’s brand awareness in their local markets. Elevated Wellness is committed to a long-term partnership, and following the Austin launch, we will be serving their Houston locations as well. There truly is an A88CBD™product for every consumer. Elevated Wellness’ categories, both in-store and online, match A88CBD™’s goal to provide users with products for all of their self-care needs. Whether providing relief post-workout or nourishing skin, A88CBD™ products fit all wellness lifestyles.”

Founded by healthcare professionals, Elevated Wellness is an Austin, Texas-based CBD company that exclusively carries hemp-based products that are grown in the United States and hold gluten-free and vegan certifications. Elevated Wellness’ brand values align with A88CBD™’s goal to create wellness commodities that are high-quality, cruelty-free, and contain 100-percent natural lab-tested hemp.

A88CBD™’s entire portfolio of products is included in the upcoming partnership. From hemp-derived CBD topicals—including CBD Muscle Salve and CBD Hand + Food Cream—to natural ingestibles—like CBD Oil Capsules and CBD Tinctures—there is something from A88CBD™ for every Elevated Wellness customer.

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 beverage shots, 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 the colaboration between the Company and Elevated Wellness includes co-branding opportunities to increase  A88CBD™’s brand awareness in their local markets; that Elevated Wellness is committed to a long-term partnership; A88CBD™’s goal to provide users with products for all of their self-care needs; and A88CBD™’s goal to create wellness commodities that are high-quality, cruelty-free, and contain 100-percent natural lab-tested hemp.

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 Daudi
Director of Investor Relations & Corporate Communications
800-923-1910
[email protected]

Media

Jessica Starman
888-461-2233
[email protected]

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