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Centr Brands Corp C.CNTR

Alternate Symbol(s):  CNTRF

Centr Brands Corp. is a Canada-based wellness beverage company. The Company is engaged in development and marketing of beverages infused with hemp-derived extracts and derivatives. The Company is focused on the sales and development of a non-alcoholic beverages for cannabidiol (CBD) infused beverage industry. It offers a range of functional wellness beverages that support individuals in their pursuit of balanced and healthy lifestyles. The Company’s products include CENTR, CENTR Instant, CENTR CBD, CENTR Sugar Free, and CENTR Enhanced. The Company’s CENTR and CENTR Sugar Free is a low-calorie CBD beverage. Its CENTR Enhanced is a zero calorie, nootropic and adaptogen-enriched non-CBD functional beverage. Its CENTR Instant is an adaptogen-based CBD powder.


CSE:CNTR - Post by User

Post by EndZonefor7on Sep 26, 2022 12:09am
242 Views
Post# 34985641

Fiscal Year 2022 Results Net Sales Growth of over 240%

Fiscal Year 2022 Results Net Sales Growth of over 240%"We continue to be excited about CENTR's leadership in the high-growth sparkling CBD beverage category. We expect to continue to deliver solid results and best-in-class performance as this category continues to evolve and activate in additional markets throughout the U.S," said Company CEO, Arjan Chima. "We look forward to CENTR's continued growth within the CBD sparkling water category. Additionally, we are excited at the tremendous growth prospects with the launch of CENTR Enhanced, the Company's first non-CBD product meeting consumer demand in the high-growth, multi-billion-dollar functional beverage market, which will be available to consumers throughout North America later this calendar year. "We continue to be pleased with the strong, triple-digit, growth rates CENTR has been achieving year-over-year and look forward to similar growth as CENTR evolves beyond CBD into a leading supplier in the life-style oriented functional wellness market," said Company President & CFO, David Young."
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