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New Listing: CENTR Brands Corp. (CSE:CNTR)

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The company is focused on the creation and launch of a global brand for the CBD infused beverage industry.

Additional Information:

Company: CENTR Brands Corp.
Stock Symbol: CSE: CNTR
Date Published: Apr 3, 2019
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

CENTR Brands Corp. is one of the latest new listing on the Canadian Securities Exchange, trading under the symbol “CNTR”, having previously traded as River Wild Exploration.

CENTR Brands has acquired CBD Lifestyle Corp., which is involved in the development and marketing of beverages infused with hemp-derived extracts and derivatives.

The company is focused on the creation and launch of a global brand for the CBD infused beverage industry.

Joseph Meehan, CEO, stated: “The shareholders and directors of CBDL are excited to conclude this acquisition and continue our development of CENTR. We expect CENTR to become a global lifestyle brand in the growing CBD beverage space, providing customers with a light, refreshing CBD beverage for their moments of relaxation and unwinding.”

Its first product, CENTR, is a sparkling, low-calorie, CBD beverage which the company expects to launch in the United States in 2019.

The company’s lead beverage product, CENTR, is currently in pre-production.

The taste profile and recipe of CENTR have been finalized by management, which is identifying co-packers for the launch markets,

Concurrent with the closing of the acquisition, the company completed a private placement offering of 6,040,000 shares priced at $0.50 for aggregate proceeds of $3,020,000.

The shares are trading at $0.68

For more information, please contact Joseph Meehan, CEO, by email at info@centrcorp.com

I’m Megan Edwards for Investmentpitch Media