Alkaline Water Co (TSXV and OTCQB: WTER) Approved to Trade on NASDAQ

This is a huge move for the company, as it increases investor visibility around their expansion strategy and product growth while being one of the fastest-growing bottled water businesses in the United States. 

Uplisting the business on NASDAQ will broaden its available shareholder base providing access to new companies, funds, institutions that only invest in stocks listed on senior exchanges. 

Central to their product growth strategy is the addition of a flavored and CBD-Infused product lines that are close to market, their already established national distribution with 47,000 points of retail and scalable manufacturing facilities across 7 centers in the U.S. 

READ RELEASE BELOW:

The Alkaline Water Company Inc. (OTCQB and TSXV: WTER), with goods bottled under the trademark Alkaline88®, today announced that its shares of common stock have been approved for listing on The NASDAQ Capital Market (NASDAQ).

The Alkaline Water Company anticipates that its shares of common stock will begin trading on NASDAQ on December 10, 2018 under the ticker symbol “WTER. ” The Alkaline Water Company will retain its listing on the TSX Venture Exchange (TSXV), also under the ticker symbol “WTER. ”
 
“Today marks an important milestone for The Alkaline Water Company as we execute on our disciplined growth strategy and continue to accelerate our momentum,” said Richard A. Wright, President and CEO of The Alkaline Water Company Inc. “As one of the fastest-growing, most innovative bottled water companies in the United States, we’re confident that the strength of our brand, our unique value proposition for both retailers and customers, and our great taste and tidy label will enable us to continue to draw large retail partners and delight our customers. As we recently announcedour second fiscal quarter was yet another quarter of record sales and accelerating expansion, and we expect continued growth into the second half of our financial year with upcoming product and partnership announcements. ”
 
The Company expects to use its nationwide footprint and strong retailer relationships as a platform to enter new markets in flavor- and CBD-infused alkaline water and other nutraceutical product lines. Recent announcements include:

  • A88 Infused Beverage Division Inc. (A88 Infused), with an initial product offering of:
    • Hemp-derived CBD-infused Alkaline88® water
    • Sparkling CBD Alkaline88® water
    • Vitamin-infused CBD Alkaline88® water (like Vitamin B12 and chlorophyll)
  • Development of a robust product line within the A88 Infused subsidiary of new and innovative drinks, such as:
    • Vitamin-based “Energy” Alkaline88® water
    • Naturally-flavored Alkaline88® water (like watermelon, blackberry, lemon, blood orange and peach mango)
  • Entered into Technology-Licensing Agreement with Infusion Biosciences, Inc. to provide A88 Infused with ready-to-drink organic hemp-extract formulations
  • Entered into Production Agreement with American Nutritional Products for the evolution of A88 Infused new product lineup
  • Expanded national distribution with accessibility in all 50 states at more than 47,000 retail locations, such as top national grocery retailers Walmart, Kroger, Safeway-Albertsons and CVS. 

“Today’s listing is an important step forward for our company, and the culmination of an intense period of hard-work, motivated product and business model innovation, and disciplined execution,” said Aaron Keay, Chairman of The Alkaline Water Company Inc.”With the increased visibility and liquidity that trading on the NASDAQ will provide, we’ll continue to expand our product lines, increase the visibility of our brand, and increase our presence with additional and existing retailers as we drive value for our shareholders.”
 
The Alkaline Water Company Inc. fully intends to comply with all federal, state, and local laws, rules and regulations as the business develops its hemp-derived cannabidiol (CBD) infused alkaline water and other nutraceutical product lines. The business won’t pursue the creation or sale of CBD-infused products until lawfully permitted and all necessary approvals have been obtained. With its innovative, state-of-the-art, proprietary electrolysis process, the business creates healthy, all-natural and great-tasting alkaline water for a balanced lifestyle. Founded in 2012, the business is headquartered in Scottsdale, Arizona, and concentrates on nationwide distribution and promotion for retail sale of Alkaline88®, one of the fastest growing premium bottled water brands on the market. For More Information about The Alkaline Water Company, please visit: www.thealkalinewaterco.com or connect on Facebook, Twitter, Instagram or LinkedIn.
 
Concerning Alkaline Water Products
Alkaline88®is a premier 8.8 pH balanced bottled alkaline drinking water, enhanced with Himalayan Pink Rock Salt, and the #1 selling majority alkaline water in the United States. The product offers consumers the exceptional opportunity to purchase alkaline water in conveniently packaged 500-milliliter, 700-milliliter, 1-liter, 1.5-liter, 3-liter and 1-gallon sizes. Alkaline88® is offered in over 40,000 retailers in all 50 states, including national retailers such as Safeway/Albertsons, Walmart, Kroger, CVS, and other top regional and local supermarket chains. To find a retailer near you visit: http://thealkalinewaterco.com/about-us/locations/


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Released at Tue, 04 Dec 2018 14:29:38 +0000

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