Consumers Trend Towards CBD Infused Products as Big Companies Eye Cannabis Industry

PALM BEACH, Florida, October 17, 2018 /PRNewswire/ --

FinancialNewsMedia.com News Commentary 

A number of studies show that new and recreational cannabis users are seeking a variety of consumption options other than smoking. The CBD niche of the lucrative cannabis market continues to experience notable success as product development and diversification are generating new revenue streams for companies in the marijuana space. CBD has allowed cannabis innovators to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces while tapping into the sizable market for alternative choices. Recent industry activity has seen Constellation Brands investing $4 Billion in Canopy Growth Corporation and National Beverage Companies are publicly expressing interest in the space as well. Consumer response to CBD based products has been very positive, leading companies to continue to explore new products and expand current offerings. Active companies in the markets today include: The Alkaline Water Company Inc. (TSX-V:WTER) (OTC:WTER), New Age Beverages Corporation (NASDAQ:NBEV), Inda Globalization Capital Inc. (NYSE:IGC), Hexo Corp. (OTC:HYYDF) (TSX:HEXO), Molson Coors Brewing Company (NYSE:TAP) (TSX:TPX-A).

The Alkaline Water Company Inc. (TSX-V:WTER.V) (OTCQB:WTER) BREAKING NEWS: The Alkaline Water Company, with products bottled under the trademark Alkaline88, is pleased to announce that its wholly owned subsidiary, A88 Infused Beverage Division, Inc. ("A88 Infused"), has entered into an exclusive formulation, development, and supply agreement (the "Agreement") with American Nutritional Products Inc. ("ANP"), headquartered in Carson City, Nevada.

This Agreement solidifies our ongoing relationship with ANP to finalize the formulations for our Cannabinol (CBD) and infused products. ANP has agreed to initially develop 5 to 7 functional waters including 3 to 4 in the CBD area and 2 to 3 in the vitamin and antioxidant segment. Each will be uniquely formulated to match both consumer demands and taste profiles. Under the terms of the Agreement, A88 Infused will be granted the exclusive right to products developed by ANP, which will be used in the development of our new line of infused beverages, including: