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Bullboard - Stock Discussion Forum 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... see more

CSE:CNTR - Post Discussion

Centr Brands Corp > Q1'22 Revenue Growth Highlights- 470%
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Post by EndZonefor7 on Sep 29, 2021 11:33am

Q1'22 Revenue Growth Highlights- 470%

"Fiscal 2021 was a transformative year for CENTR," said Company CEO Joseph Meehan. "The investment of significant effort to move CENTR from a regional to a leading national distribution platform in F2021 is already paying dividends in increased F2022 sales. Selling more CENTR and CENTR Sugar Free in our first quarter this year than in all of last year is a testament to CENTR's ongoing growth potential."

The Company previously announced on September 20th record gross sales for Q1'22 (ended August 31, 2021) of $981,000, more than 470% over Q1'21.

"We are thrilled with the Company's continued growth trends, as CENTR expands its reach across the U.S.," said Company CFO David Young. "With millions of drinks served at on- and off-premise locations, a growing community is enjoying CENTR and CENTR Sugar Free. CENTR's presence in thousands of U.S. locations is the tip of the iceberg, as we ramp up production to meet growing demand in existing and new markets. In response to high demand for CENTR, consumers will soon #findyourcentr online and subscribe for the best-tasting CBD beverages in America to be delivered straight to their doorsteps."

About CENTR Brands Corp. CENTR Brands is a functional beverage company that develops and markets non-alcoholic beverages and related products for the global market. The Company's portfolio includes CENTR and CENTR Sugar Free, both all natural, sparkling, low calorie, hemp-derived CBD beverages, and CENTR Instant, a family of super convenient, single serve, ready-to-mix CBD drink powders.

www.findyourcentr.com

For further information, contact Joseph Meehan at info@centrcorp.com

On behalf of the Board,

CENTR BRANDS CORP.

/s/ Joseph Meehan
Joseph Meehan, Chief Executive Officer


https://ceo.ca/@newsfile/centr-brands-corp-fiscal-year-2021-results-and-q122

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