Alkame Begins Development Agreement with Shmellins Market LLC

Rhea-AI Summary

Alkame Holdings, Inc. (OTCPINK:ALKM) announced a new development agreement with Shmellins Market, LLC, focusing on healthy organic and vegan products. Their initial collaboration involves a salted caramel sauce designed for versatile use in various dishes and beverages, currently in beta testing. Alkame's subsidiary, West Coast Co-Packer, will develop and produce the product. This partnership aims to enhance Alkame's portfolio in the health and wellness sector, backed by their proprietary water technology and diverse product applications.

Positive

• Partnership with Shmellins Market could enhance product offerings in the health and wellness sector.
• Development of a versatile salted caramel sauce expands market presence and potential revenue streams.

Negative

• None.

LAS VEGAS, NV / ACCESSWIRE / March 11, 2021 / Alkame Holdings, Inc. (OTCPINK:ALKM), a diversified holding company, is pleased to announce that its wholly-owned subsidiary West Coast Co-Packer, Inc. has signed a development and production agreement with California based Shmellins Market, LLC, an emerging healthy lifestyle food company with an emphasis on fun and delicious organic and vegan products.

Shmellins prides themselves on providing high-quality, great-tasting, allergy-friendly products. The initial product Alkame has developed with Shmellins is their salted caramel sauce. This sauce provides endless options when pairing it with various foods and drinks and has begun beta testing of the product in the market.

"The goal is to recreate this sauce so it will taste great on everything from pancakes to coffee or cocktails to popcorn, the possibilities are endless," stated Robert Eakle, Alkame CEO. Eakle Continues, "We are very happy Shmellins decided to work with our West Coast Co-Packer subsidiary to work on their flagship product and for other items down the road."

About Alkame Holdings, Inc.

Alkame Holdings, Inc. is a publicly-traded holding company that operates with a focus in four distinct sectors: health and wellness, technology, manufacturing, and distribution. The Company's wholly-owned subsidiaries manufacture and distribute products with an emphasis on an enhanced water utilizing a proprietary technology with several unique properties. The water technology is supported by four independent human clinical studies. There are a multitude of product applications we currently, or have capability to, utilize with our proprietary technology to produce and/or add value to, including but not limited to, consumer beverages, CBD/hemp products, pet products, horticulture, agriculture, and aquaculture applications, hand sanitizers. Alkame also distributes personal protective equipment (PPE), a necessary line of premium products in today's world.

For more information, visit www.alkameholdingsinc.com.

Alkame Holdings, Inc. Investor Relations

Website: www.alkameholdingsinc.com

Email: info@alkameholdingsinc.com

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

SOURCE: Alkame Holdings, Inc.

View source version on accesswire.com:
https://www.accesswire.com/634996/Alkame-Begins-Development-Agreement-with-Shmellins-Market-LLC

FAQ

What agreement did Alkame Holdings sign with Shmellins Market?

Alkame Holdings signed a development and production agreement focusing on a salted caramel sauce.

What is the stock symbol for Alkame Holdings?

The stock symbol for Alkame Holdings is ALKM.

What type of products is Alkame Holdings developing with Shmellins Market?

Alkame is developing healthy organic and vegan products, starting with a salted caramel sauce.

When was the press release about Alkame Holdings issued?

The press release was issued on March 11, 2021.

How does this partnership impact Alkame Holdings' business?

The partnership may enhance Alkame's product offerings and revenue potential in the health and wellness market.