Geyser Brands Inc. Announces Launch of Alcohol-Free Hand Sanitizer
VANCOUVER, March 24, 2020 /PRNewswire/ - Geyser Brands Inc. (TSX-V: GYSR) ("Geyser Brands" or the "Company") is pleased to announce that it has finished formulation and production of alcohol-free hand sanitizer that uses natural ingredients to fight against germs and bacteria.
Apothecary Naturals "Hand Sanitizer" is produced in a Health Canada approved Site-Licensed location in Coquitlam, BC. This manufacturing plant also produces health products that carry Natural Product Numbers (NPN). Formulated and produced in-house, first orders are being shipped before the end of March.
Both the BBC & CNN have reported on global shortages, with many hand sanitizer brands out of stock. According to Radiant Insights, Inc. the hand sanitizer market is expected to reach $5.5 billion by 2024 owing to rising consumer awareness towards hand hygiene and well-being.
As a protective measure against the coronavirus, the World Health Organization advises to, among other things, "wash your hands frequently with soap and water or use hand cleaner if your hands are not visibly dirty."
"Our hand sanitizer is scent free so many hospitals or organizations and customers don't have to worry about perfumes or scented oils. The active ingredients kill 99.99% of the germs." says Apothecary Naturals CEO Brad Kersch. "In response to surging interest in natural wellness products worldwide, this product is yet another of our innovations designed to promote health and wellness with a focus on natural ingredients. "
The proprietary blend contains:
- Benzalkonium Chloride is an antimicrobial agent. It works by killing microorganisms and inhibiting their future growth, and for this reason is often used as an ingredient in antibacterial hand wipes and antiseptic creams. It is also an alternative to alcohol.
- Aloe has potent antibacterial, antifungal, and antiviral properties that help inhibit the growth of certain bacteria that can cause infections in humans.
- Tea Tree oil - makes an ideal natural hand sanitizer. Studies have shown that it kills several common bacteria and viruses responsible for causing illness, including E. coli, and pneumonia.
An Australian company with a similar base ingredient has been fast-tracked tested to be 99.99% effective against the COVID-19 virus in Australia. Geyser makes no claims of this but uses the same base ingredients in its products.
"Antiseptic Hand Cleanser is your best friend," says Kuldip Gill, Head of R&D. "People are looking for the most effective, convenient solution to stay clean and be healthy. Plant-powered products are not just good for human health, they are also good for the health of our planet."
The product will come in four sizes 10ml personal use, 60ml personal use, 150ml foam family pump version, and a 250ml refill. he products will be available direct to consumer through the website www.apothecarynaturals.ca and at leading retailers across Canada.
About Geyser Brands
Geyser Brands Inc. develops consumer product brands in the health and wellness sector that use hemp and CBD as a value-added ingredient. These involve next-generation formulas that focus on the mix of cannabinoids for specific conditions such as insomnia, anxiety and pain.
Proprietary delivery technologies include all natural nano-technology, slow-release mechanisms and non-molecule degrading baking processes. In anticipation of coming edibles legislation, and with its Health Canada approved Licensed Production Facility, Geyser Brands has 15,000 square feet in two GMP facilities in Vancouver, BC.
For more information, visit Geyser Brands' website at www.geyserbrands.com.
On Behalf of the Board of Directors
"Andreas Thatcher"
____________________________________
Andreas Thatcher
Director and CEO
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the marijuana industry in general such as operational risks in growing; competition; incorrect assessment of the value and potential benefits of various transactions; ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals and changes in legislation, including but not limited to tax laws and government regulations. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information relating to Geyser is available at www.sedar.com.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Geyser Brands Inc.
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