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The Alkaline Water Company Inc. (WTER.V)

TSXV - TSXV Delayed Price. Currency in CAD
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1.28000.0000 (0.00%)
At close: 3:22PM EDT
Full screen
Previous Close1.2800
Open1.2700
Bid1.2800 x 0
Ask1.4000 x 0
Day's Range1.2600 - 1.2900
52 Week Range0.5200 - 3.5000
Volume6,310
Avg. Volume28,731
Market Cap76.381M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Major Beverage Brands Looking for Ways to Capture Market Share

    NEW YORK, Sept. 28, 2020 (GLOBE NEWSWIRE) -- NetworkNewsAudio – The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) announces the availability of a broadcast titled, “New Opportunities Abound for Specialty Beverage, Water Companies.” To hear the AudioPressRelease, please visit: The NetworkNewsAudio News PodcastTo view the full editorial, please visit: https://nnw.fm/5nMwHSoda sales over the past 15 years have fallen significantly, leaving major beverage brands looking for alternative ways to expand their portfolios to capture a portion of the various new craft beverages that consumers drink each day. Many of these large companies are opting to go the M&A route, recognizing the significant impact that smaller specialty brands in the space might have on their existing offerings.Companies such as The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), one of the fastest-growing enhanced water companies in the industry, could be an attractive option. . . . Alkaline88 remains one of the top-selling brands in the value-added water category. According to recent trade data, Alkaline88 reported double-digit growth despite the value added water category contracting 8.2% for the four-week period ending April 18, 2020.About The Alkaline Water CompanyFounded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), 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 its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven 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 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 learn more about the company, visit www.A88CBD.com and www.TheAlkalineWaterCo.com.NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://nnw.fm/WTERAbout NetworkNewsWireNetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)For more information please visit https://www.NetworkNewsWire.comPlease see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/DisclaimerNetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkNewsWire.comNetworkNewsWire is part of the InvestorBrandNetwork

  • GlobeNewswire

    A88CBD™ Introduces Highly-Anticipated Gummies Line and CBD Flavored Water

    * A88CBD™ branded vegan gummies, zero-calorie Lemon-Lime CBD-infused water, bath bombs, and deep-relief cream will be available in October 2020. SCOTTSDALE, Ariz., Sept. 24, 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 it will introduce new A88CBD™ infused ingestible and topical products for its lifestyle brand at A88CBD.com and select retail outlets in October 2020.“We are excited to announce our much-awaited A88CBD line of gummies available in four exciting flavors. Also, we strengthened our water portfolio with a new Lemon-Lime CBD flavored water and our A88CBD topicals portfolio with a deep-relief cream and bath bombs,” stated Ricky Wright, President and CEO of The Alkaline Water Company. “As a trusted lifestyle brand, our new products are all-natural and zero-calorie and include the same high-quality and lab-tested CBD. Guided by data-driven insights and carefully curated formulations, we believe these new items for our A88CBD line are some of the best in the industry. The all-natural element of our ingestible and topical line fits well with our target demographic of consumers seeking healthier alternatives. We are well-positioned with our channel partners, which serve this demographic, and our sales pipeline continues to build across traditional brick-and-mortar retailers, MSO’s, dispensaries, and online wholesalers. We already have commitments from over 100 recently announced retail stores to carry our exciting new products, which will also be available online on our e-commerce site, A88CBD.com, and online-only stores. We anticipate our A88CBD line to be a solid contributor to our top-line during the second half of our current fiscal year and beyond.”A Media Snippet accompanying this announcement is available by clicking on the image or link below:The global CBD gummy market size is forecasted to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the period, according to a recent Grandview Research report. The firm also expects the global cannabis beverages market size to reach USD 2.8 Billion by 2025 at a CAGR of 17.8%. The report looked at alcoholic and non-alcoholic beverages using either TCH or CBD. Separately, another industry research house, Brightfield Group, expects the water category to drive a substantial portion of the growth in the CBD drinks segment, forecasted to sell over one billion dollars in products by 2022. Both firms expect the collective market for CBD sales in the US to surpass $20 billion by 2024.  A88CBD™ New Products: * A88CBD™ Gummies – All natural and vegan gummies will be initially available in 10-count and 50-count pouches and jar containing 5mg high-quality, lab-tested, full-spectrum hemp per gummy. • At launch, gummies will be available in Cherry, Tangerine, Key Lime, and Lemon flavors. * A88CBD™ Flavored Water – Zero-calorie and zero-sugar water will be initially available in Lemon-Lime flavor in a 500-ml size containing 10mg of high-quality, lab-tested hemp extract. * A88CBD™ Bath Bomb – All natural and cruelty-free Bath Bomb will be available in 4.5 ounce Eucalyptus and Lavender scents containing 150mg of high-quality, lab-tested full-spectrum hemp. * A88CBD™ Deep-Relief Cream – Cruelty-free Deep Relief cream will be available in 2-oz size containing 500mg of high-quality, broad-spectrum hemp per jar. The Alkaline Water CompanyFounded 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 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 StatementsThis 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 Company anticipates its A88CBD line to be a solid contributor to its top-line during the second half of its current fiscal year and beyond; that the global CBD gummy market size is forecasted to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the period; that Grandview Research  expects the global cannabis beverages market size to reach USD 2.8 Billion by 2025 at a CAGR of 17.8%; that Brightfield Group expects the water category to drive a substantial portion of the growth in the CBD drinks segment, forecasted to sell over one billion dollars in products by 2022; and that both Grandview Research and Brightfield Group expect the collective market for CBD sales in the US to surpass $20 billion by 2024.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, orSajid Daudi Director of Investor Relations & Corporate Communications 800-923-1910 investors@thealkalinewaterco.comMediaJessica Starman 888-461-2233 jessica@elev8newmedia.com

  • GlobeNewswire

    M&A Offers Pathway for Beverage Companies to Strengthen Bottom Line

    NEW YORK, Sept. 24, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsWire — The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ brands in the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication, “New Opportunities Abound for Specialty Beverage, Water Companies,” please visit: https://nnw.fm/5nMwHA recent “Beverage Industry” article noted that volume sales in the carbonated soft drink category have seen sales decline for 15 consecutive years. . . With those numbers staring them in the face, savvy soda companies are looking for strategic ways to strengthen the bottom line. One path that many of the larger companies are taking is mergers and acquisitions. Just a few examples include Coca Cola’s acquisition of Vitamin Water for $4.2 billion and Reignwood’s $105-million acquisition of Voss. Dr. Pepper has taken the M&A route too, acquiring Core for $525 million and Bai for $1.2 billion. . . The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) appears to be a prime target for this type of strategic consolidation. One of the fastest-growing enhanced water companies in the country, WTER has posted an astonishing 62% compound annual sales growth rate over the last five years. The company reported record annual revenue of $41.1 million as a health-conscious world has turned away from sugary soft drinks to bottled water, particularly water that’s been enhanced in some way.About The Alkaline Water CompanyFounded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), 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 its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in seven 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 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 learn more about the company, visit www.A88CBD.com and www.TheAlkalineWaterCo.com.NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://nnw.fm/WTERAbout NetworkNewsWireNetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)For more information please visit https://www.NetworkNewsWire.comPlease see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/DisclaimerNetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkNewsWire.comNetworkNewsWire is part of the InvestorBrandNetwork