Welcome to our dedicated page for Alkame Holdings news (Ticker: ALKM), a resource for investors and traders seeking the latest updates and insights on Alkame Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Alkame Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Alkame Holdings's position in the market.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a significant milestone as its subsidiary, West Coast Co-Packer Inc., received its first purchase order from Canadian distributor Thera Products, Inc. for Alkame's premium gel hand sanitizer. The order includes 16.9oz bottles manufactured in the USA at a cGMP FDA-registered facility. The product contains aloe and menthol, making it gentle on skin. The CEO emphasized the importance of supporting Canadian citizens amid the ongoing pandemic. This order is expected to expand further, indicating strong demand for Alkame's products.
Alkame Holdings, Inc. (ALKM) announced that its subsidiary, West Coast Co-Packer, has signed a Product Development and Production Agreement with Hooch Brands, Ltd., DBA Hemp Hooch. This agreement focuses on creating a line of hemp-derived CBD beverages aimed at addressing various consumer needs through adaptogens and vitamins. The initial product range will consist of four SKUs, each containing 35mg of broad-spectrum hemp extract, targeting areas such as hangover recovery and immune support. Launch is expected by Q1 2021.
Alkame Holdings, Inc. (OTC PINK:ALKM) has signed an exclusive distribution agreement with TheraProducts Canada, Inc. for its premium hand sanitizer products in Canada. This agreement marks Alkame's first venture into the Canadian market for its 75% Ethyl Alcohol gel and single-use hand sanitizer packets containing isopropyl alcohol. The partnership aims to meet the growing demand for effective hand sanitizers during the COVID-19 pandemic, leveraging TheraProducts' established distribution network in Canada.
Alkame Holdings, Inc. (OTC PINK:ALKM) has announced a renewed multi-year production agreement with its subsidiary, Bell Food and Beverage, Inc., and Puration Inc. (OTC PINK:PURA). This partnership will leverage Alkame's proprietary water technology to develop EVERx, a CBD-infused sports drink. CEO Robert Eakle highlighted the synergy and growth potential of this collaboration. Furthermore, the integration of West Coast Co Packer, Inc. is expected to enhance Alkame's manufacturing capabilities in the beverage sector.
Alkame Holdings, Inc. (OTC PINK:ALKM) has appointed Craig Kaufman as Chairman of its Board of Directors to enhance operations and innovation. Kaufman, a co-founder, will oversee daily operations and lead sales and marketing efforts. Robert Eakle remains CEO, shifting focus to executive management and product innovation. The leadership team will also include Robert Ramsey as Senior Advisor and Nicole Brown as Controller, along with Anthony Lenocker as Director of Operations. This restructuring aims to drive growth in beverage co-packing operations and product innovation.
Alkame Holdings, Inc. (OTC PINK: ALKM) announced a Product Development and Production Agreement with Phase Tea, LLC. This agreement enables Bell Food & Beverage, a subsidiary of Alkame, to assist Phase Tea in launching a high-quality tea beverage line infused with CBD. The initial products will include three flavors: green tea, peach tea, and mint tea, each containing 15 mg of hemp-derived CBD isolate. Alkame's CEO expressed optimism about significant revenue generation and market interest, with a beta test expected soon.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a five-year co-packing agreement with Citadel Pacific, LLC for its LiquidCBDtea brand. This contract, valued at a minimum of $20 million, requires West Coast Co Packer to package at least one million units monthly, with annual revenue projected at $4 million. LiquidCBDtea will feature decaffeinated, antioxidant-rich condensed green tea infused with 10mg of hemp-derived CBD, available in various fruit flavors. Production is set to commence in November 2020.
Alkame Holdings (OTCPINK:ALKM) has announced a significant development with its subsidiary, West Coast Co Packer, Inc., signing a Distribution and Manufacturing Agreement for its innovative Handout Protection hand sanitizer. This unique hand sanitizer is available in convenient single-use packets, each containing 0.13 fl. oz. of a proprietary formula that includes 75% pharmaceutical-grade Isopropyl alcohol and condensed organic green tea. Presales have commenced, with shipping set to begin in late September 2020, targeting a wide range of distribution channels.