- Yesway is #17 on Convenience Store Products (CSP) 2020 top 200
stores by the number of retail outlets.
- A88CBD™ water and gummies will be available in approximately
365 c-stores.
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 all Yesway/Allsup convenience
stores will carry A88CBD™ ingestibles in retail locations across
the Midwest.
“We are excited to announce that our A88CBD lemon-lime flavored
water and four flavors of our gummies will be carried by one of the
fastest-growing convenience stores chains in the U.S.,” stated
Ricky Wright, President and CEO of The Alkaline Water Company.
“Yesway merged with Allsup stores in November of 2019 to create a
leading c-store operator with almost 402 retail locations and
growing. This is a meaningful win for our A88CBD brand and came in
coordination with our CBD-focused DSD partner, BettermentRS. They
will also assist with fulfillment efforts to all Yesway stores.
“Our recent engagement with BettermentRS is off to a great
start. This will be the first of many wins with BettermentRS, and
we are excited to be working with a great partner. We remain
committed to becoming a trusted national brand and one of the
leading brick-and-mortar CBD providers in the nation in the next 12
to 18 months and continue to add to our topline growth with A88CBD
and our market leading Alkaline88 and A88 Flavor Infused waters
leading the charge.”
About Yesway
Yesway is headquartered in Des Moines, Iowa, and Clovis, NM.
Yesway is currently ranked #2 in year-over-year relative store
growth on the Convenience Store News “2020 Top 20 Growth Chains”
list, after being ranked #1 on the “2019 Top 20 Growth Chains”
list, is ranked #17 on the “CSP Top 202 Chains” list by total
portfolio size. Yesway’s fast-growing portfolio currently consists
of 402 stores located in Iowa, Texas, New Mexico, Oklahoma, Kansas,
Missouri, Nebraska, South Dakota, and Wyoming, including most
recently, the 304-store Allsup’s Convenience Stores chain. Yesway
plans to grow its portfolio to over 500 convenience stores in
selected regions of the United States over the next several
years.
About BettermentRS
BettermentRS is a health and wellness company based in West Des
Moines, Iowa. The company is laser-focused on providing clients
with thoughtful sourcing and distribution of top-tier and emerging
hemp brands and offers a complete portfolio of services to both
suppliers and retailers, including comprehensive brand management,
logistics solutions, and education. BettermentRS’s clients include
a growing list of large national chains, regional
retailers/distributors, and many specialty and nutrition
retailers.
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, 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 Company will have many wins with BettermentRS
and that the Company will become a trusted national brand and one
of the leading brick-and-mortar providers in the nation in the next
12 to 18 months.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210225005185/en/
The Alkaline Water Company Inc. Richard A. Wright President and
CEO investors@thealkalinewaterco.com
Media Jessica Starman 888-461-2233 jessica@elev8newmedia.com
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