CannaInvestor Magazine was the first and remains the only publication of our kind that I am aware of that has been bullish on the beverages sector for a few years now. Yes, it is in fashion now so the others are now discussing beverages and you know already the ROI you have made from our strategies since that time (TNY from $0.035 to >$1.90, LXX from around a dime to over $3.20, etc). My prediction remains deriviatives are where the real ROI is to be made on the recreational consumption side. So let’s now look at yet another off the radar company for most.
Let’s work backwards starting with the key metics that I feel stand out before discussing the company:
Low Share Count with 5% tightly held by insiders per Yahoo Finance.
Recorded sales of over C$11.4M million for second fiscal quarter 2019, up over 78% compared to second fiscal quarter 2018.
With a market cap of C$123M and annualized sales approaching C$44M, it is trading at 2.8x revenue.
Alkaline88® is available in all 50 states at over 47,000 retail locations, including top national grocery retailers Walmart, Kroger, Safeway-Albertsons and CVS.
Expanded national distribution with the addition of over 7,500 locations of one of the largest drugstore/pharmaceutical chains in the U.S.
The Alkaline Water Company.
TSXV:WTER
As At: November 29, 2018
Net Shares Outstanding: 24,298,762 (per www.TMXMONEY.com)
Share Price: $4.60
Website: http://thealkalinewaterco.com/
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