NetworkNewsBreaks – The Alkaline Water Company I
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The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, is set to expand into hospitality and foodservice sectors. As part of this effort, the company has entered into agreements with two strategic partners: Dot Foods Inc., the largest food redistribution company in the U.S., and the Independent Broker Alliance (“IBA”), a renowned professional alliance of 30 independent foodservice sales agencies. With these two agreements in place, WTER targets the entire hospitality and foodservice ecosystem, a very large addressable market. “Adding the largest foodservice redistributor, Dot Foods, to our growing list of channel partners is another milestone for the company,” said WTER president and CEO Richard Wright in a recent update. “Every year, Dot Foods sells millions of cases of beverages to its customers. This relationship will give us an entry into the hospitality industry, which we view as a significant opportunity for our growing lifestyle brands. There are over 600,000 restaurants and foodservice establishments that will now have access to our full line of products.”
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