Talk about a great debut!
The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER) begins trading on the NASDAQ today and celebrates by reporting their highest monthly sales in company history, exceeding $3.1 Million in November.
The uplisting to NASDAQ comes at the perfect time for The Alkaline Water Company as they prepare to release their Alkaline88 infused beverage line, including Hemp derived CBD-Infused beverages.
They've already
partnered with Infusion Biosciences to create ready-to-drink natural hemp-extract formulations and are expected to be the first national U.S. beverage company to bring true water-soluble, full-spectrum features of bioactive natural hemp extract molecules to U.S. consumers.
They have a
development and supply agreement with American Nutritional Products to produce the infused line, along with national bottling capabilities.
Plus they have an expanded
national distribution network of over 47,500 retailers
Put that all together and that makes for a great debut on the NASDAQ.
READ FULL RELEASE BELOW:
The Alkaline Water Company Reports Highest Monthly Sales in Company History
Sales Exceeded $3.1 million in November
Company’s Common Shares to Begin Trading on NASDAQ Today
The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER), with products bottled under the trademark Alkaline88®, announced today that record monthly sales of more than $3.1 million have been achieved for the month ending November 30, 2018.
“Our sales during the month of November were the highest in the Company’s history. We have achieved this success through our continued effort to remain at the forefront of the beverage industry by providing innovative products like Alkaline88®, and will continue to grow by executing on our strategy to add new sales channels and classes of trade, expand internationally, and extend our product lines into flavored and Hemp-infused beverages” stated Richard A. Wright, President and CEO of The Alkaline Water Company Inc. “We are well positioned to leverage the strength of our lean business model and national brand recognition to accelerate our growth into 2019. With today’s listing on NASDAQ, we expect the increased visibility and liquidity will help us to continue to drive shareholders value.”
The Company also announced that, as of the start of trading today, shares of its common stock have ceased trading on the OTCQB and will be listed on the
NASDAQ Capital Market (NASDAQ) 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.”
The Company fully intends to comply with all federal, state, and local laws, rules and regulations as the Company develops its hemp infused alkaline water and other nutraceutical product lines. The Company will not pursue the production or sale of hemp infused products until legally permitted and all necessary approvals have been obtained.
About The Alkaline Water Company Inc.
The Alkaline Water Company Inc. (TSXV and OTCQB: WTER) is a leading producer of premium bottled alkaline drinking water sold under the brand name Alkaline88®. With its innovative, state-of-the-art, proprietary electrolysis process, the Company produces healthy, all-natural and great-tasting alkaline water for a balanced lifestyle. Founded in 2012, the Company is headquartered in Scottsdale, Arizona, and focuses on national distribution and marketing for retail sale of Alkaline88®, one of the fastest growing premium bottled water brands on the market. To learn more about The Alkaline Water Company, please visit: www.thealkalinewaterco.com or connect on Facebook, Twitter, Instagram or LinkedIn.
About 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 bulk alkaline water in the United States. The product offers consumers the unique 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 available 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/
SOURCE
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