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The Alkaline Water Company Inc. Secures Water-Soluble Natural Hemp Extract Formulations
The Alkaline Water Company Inc. Secures Water-Soluble Natural Hemp Extract Formulations.
About this update from Alkaline Water Company Inc. (the)
[{"type":"text","content":"\nSCOTTSDALE, Ariz., Nov. 29, 2018 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (TSXV and OTCQB: WTER) (the “Company”) announced today that its wholly-owned subsidiary, A88 Infused Beverage Division, Inc. (“A88 Infused”), has entered into a Binding Letter of Agreement (the “Agreement”) with Infusion Biosciences, Inc. (“IBS”), that provides a non-exclusive license to utilize its proprietary Aqueous Phytorecovery Process (“APP”) technology. Under the Agreement, IBS agreed to provide A88 Infused with ready-to-drink natural hemp-extract formulations. With APP’s formulations A88 Infused is expected to be the first national U.S. beverage company to bring true water-soluble, full-spectrum features of bioactive natural hemp extract molecules to U.S. consumers.   \n “With the benefit of IBS’s CEO Dr. Arup Sen’s knowledge and formulations, we are positioned to take a leadership position in the emerging hemp-infused beverage category. The quality and purity of IBS’s formulations are uniquely aligned with our commitment to ‘clean beverages’ that our nearly 50,000 retailers and loyal Alkaline88® consumers have come to trust and expect from us. These proprietary formulations will allow us to infuse water-soluble cannabinoids without the use of any chemicals or additives. Being truly water soluble, they will absorb through the stomach and the small intestines, therefore allowing for rapid absorption within minutes. Combining this science and technology with the power and integrity of the Alkaline88® brand is expected to create a market-leading approach to the fast-growing hemp-infused beverage category,” stated Richard A. Wright, President and CEO of The Alkaline Water Company Inc. IBS is a biotech company focused on discovering and commercializing innovative products that use cannabis and hemp plant ingredients in their natural forms produced by the APP Technology. APP Technology comprises a patent-pending process that uses proprietary reagents to produce two unique, ready-to-consume ingredients with the full-spectrum features of bioactive cannabinoids and terpenes from hemp. These are Infuz2O, which is a solution of naturally water-soluble molecules, including cannabinoids and terpenes, directly fro...