NEW YORK, October 6, 2020 (GLOBE NEWSWIRE) – through NetworkNewsAudio – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) announced today that its president and CEO, Ricky Wright, appeared in an exclusive audio interview with NetworkNewsWire (“NNW”), a content distribution and money news company and one of BrandNetwork’s 50 other brands of investors (“IBN”). During the interview, Wright provided data on the company’s history and strategy, as well as its reaction to COVID. 19 pandemics.
The screen can be listened to in the NetworkNewsAudio interview podcast.
Wright began the interview by giving details about the company. ” We started about six years ago. We are now the largest alkaline water company in the country. . . We have moved to a lifestyle brand, so we don’t just make alkaline water; we also make flavored water. We have also grown up in the field of CBD; we also have CBD water, unmanageable CBD ingredients and CBD topics,” he said.
The formidable positioning of Alkaline Water Company is backed by strong sales and a huge distribution footprint. “We made $41 million last year at the corporate level; retail level, that’s probably translated into about $70 million,” Wright added. “We have simple to wonderful banners including Safeway, Kroger, Publix, H-E-B, Walmart, CVS and Rite Aid. We have a wonderful policy all over the country. We are present in all 50 states in approximately 70,000 outlets across the country. “
“We are literally the only water company in the advanced area to be in the most sensitive 10 and have experienced a double-digit expansion in sets and dollar volume for Nielson reports every 4 weeks since the first of the year,” Wright continued. “We’re very, very proud of it. “
The company is also strategically located to expand its CBD business. “When it comes to CBD, we were also winners,” Wright said. “We met with several of our posters in the fall. . . and we were late for the setting for their first games. At the end of this, we weren’t going to enter some of their shelves until the past to sleep, maybe in a year or two . . . Well, because of COVID, a lot of little mothers and dads are out. . . . We expect wonderful things in the first reboots in the third and fourth quarters of this year for us.
Going forward, Wright hopes The Alkaline Water Company will take advantage of this recent progress and return to “hyperexpansion” in the near future. “We really did well with COVID. Like we made a call for ourselves, we could just deliver on time . . . Actually, it’s a moment of pride to be able to play this way, ” he concluded. “We have had a compound annual expansion rate of 62% over the past five years, and in fact I hope that very soon we will see this type of hyperexpansion with this company again. “
Pay attention to the full interview with The Alkaline Water Company president and CEO Ricky Wright at https://nnw. fm/BPylx.
Founded in 2012, The Alkaline Water Company is based in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading alkaline water logo that can be consumed in bulk and in singles portions with eco-friendly foil packaging options. Through its state-of-the-art, patented electrolysis process, Alkaline88® supplies pH 8. 8 alkaline drinking water perfectly balanced with suggestion elements and electrolytes and carries the corporate trademark label, “Clean Drink. ” Quickly identified as a lifestyle logo in development, Alkaline88® introduced A88 Infused ™ in 2019 to meet customer demand for flavor-based products. A88 Infused ™ Flavored Water is available in six exclusive all-natural flavors, with new flavors coming soon. Additionally, in 2020, the company introduced 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 lab-tested full-spectrum hemp ointments, balms, lotions, essential oils and bath salts, as well as sachets of broad-spectrum hemp powder and tinctures. oil. , lozenges and gummy candies.
To purchase A88CBD products ™ online, www. A88CBD. com. To learn more about The Alkaline Water Company, visit www. thealkalinewaterco. com partner with the company on Facebook, Twitter and Instagram.
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Forward-looking statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently dubious as they are based on existing expectations and assumptions related to long-term occasions or the Company’s long-term functionality. Readers are cautioned not to place undue reliance on such forward-going statements, which are predictions only and relate only to the date here. statements, prospective investors consciously deserve the various hazards and doubts-failures known in this press release and known issues in the Company’s records with the SEC. These hazards and doubts-failures may cause the Actual Effects of the Company to differ materially from those indicated in the future. -declarations.
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