Meaningful Revenues Being Generated by Skyrocketing Popularity of CBD Infused Products and Beverages

PALM BEACH, Florida, December 10, 2018 /PRNewswire/ --

FinancialNewsMedia.com News Commentary 

The CBD-infused product market is continually experiencing a high growth period as demand for CBD based products continues to rise. In a recent article published on Bloomberg.com, analyst Bobby Burleson at Canaccord Genuity said he expects revenue share for cannabis-infused beverages "should expand meaningfully over the next several years," outpacing overall retail demand for marijuana by more than two times. "Interest has spiked from the beer industry on mounting evidence of a substitution relationship between cannabis and alcohol, while large soda companies increasingly view CBD as a natural fit within their strategically important wellness offerings," Burleson wrote in a recent note to clients. Drinks infused with marijuana-derived compounds could swell to become a $600 million market in the U.S. within the next four years, outpacing the growth of other categories of retail cannabis products, according to analysts at Canaccord Genuity. Active companies in the markets today include: The Alkaline Water Company Inc. (TSX-V:WTER) (NASDAQ:WTER), New Age Beverages Corporation (NASDAQ:NBEV), Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON), MedMen Enterprises Inc. (CSE:MMEN.CN) (OTCQX:MMNFF), Canopy Growth Corporation (TSX:WEED.TO) (NYSE:CGC).

The Alkaline Water Company Inc. (TSX-V:WTER.V) (NASDAQ:WTER) BREAKING NEWS: The Alkaline Water Company, 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."