The Alkaline Water Company Inc., producer of premium bottled alkaline drinking water sold under the brand name Alkaline88, has expanded its cannabidiol (CBD) product portfolio with the launch of CBD shots, tinctures, capsules and powder packs.
Under the umbrella of A88 Infused Beverage Division Inc., a wholly-owned subsidiary, the company will offer a wide range of ingestible CBD products, including:
- 25mg hemp-derived CBD infused beverage shots
- Energy Shot – Blood Orange
- Recovery Shot - Peach Mango
- Relax Shot - Watermelon Cucumber
- Sleep Shot – Lemon Honey
- 150mg hemp-derived CBD tinctures
- 25mg hemp-derived CBD capsules
- 25mg hemp-derived CBD powder packs
To develop and bring these new products to market, the Alkaline Water has partnered with Centuria Foods Inc. Under their agreement, Centuria will be Alkaline Water’s exclusive supplier of water-soluble phytocannabinoid-rich hemp oil.
Centuria is a global leader in phytocannabinoid-rich hemp-derived CBD ingredients for use in nutritional, pharmaceutical and wellness products. This agreement allows Alkaline Water to further develop its CBD-infused beverage line with the highest quality phytocannabinoid-rich hemp oil available, and provides a platform for the Company to develop its expanded CBD product line.
“We are excited to announce the continued expansion of our CBD product portfolio,” said Richard A. Wright, president and CEO of The Alkaline Water Company. “According to BDS Analytics, U.S. CBD sales are expected to surpass $20 billion by 2024. We expect to capitalize on this growth through leveraging our CBD product portfolio to accelerate our entrance into the convenience store market which has been an early adopter of ingestible CBD infused products.
“Working with Centuria Foods is a natural fit for our company. Centuria produces the highest quality non-GMO, organic, kosher, and halal certified PCR Hemp Oil in the industry, which aligns with our commitment to ‘clean beverages’ only made with easy to understand and high quality ingredients. We are very excited to begin working with Centuria Foods to further the development and production of our products being brought to market in the fast-growing hemp and CBD market.”
Alkaline Water intends to comply in full with all federal, state, and local laws, rules and regulations as it develops its CBD-infused products. The company will not pursue the commercial production or sale of CBD-infused products until legally permitted. The company is closely watching and responding to all regulatory developments within the FDA and in each individual U.S. state, and plans to launch its CBD infused products accordingly.