- CENTR (CNTR) is reporting a U.S. retail presence of 3,050 stores as of February 2022
- The figure represents a 69.4-per-cent growth rate since November 2021
- The company expects continued growth as it rolls out new experiential branding programs
- CENTR Brands is a North American functional beverage company
- CENTR (CNTR) is up by 4 per cent trading at $0.78 per share
CENTR (CNTR) is reporting a U.S. retail presence of 3,050 stores as of February 2022.
The figure is up 24.5 per cent since January and represents a 69.4-per-cent growth rate since November 2021.
Growth in Q1 is underlined by Brightfield Research’s recent report naming CENTR the #1 CBD beverage in the U.S.
“CENTR is well-positioned to achieve another banner year of growth this year,” said David Young, CENTR’s CFO. “In addition to our retail expansion, CENTR is rolling out exciting new branding programs that will develop even greater connections with our growing customer base.”
“As CENTR’s retail footprint grows, these experiential and brand-oriented programs should further stimulate sales velocity at existing locations, expanding CENTR’s market penetration in a fast-growing category,” he added.
Young recently spoke with Brieanna McCutcheon about the company.
CENTR Brands is a North American functional beverage company. Its products include CENTR, CENTR Sugar Free and CENTR Instant.
CENTR (CNTR) is up by 4 per cent trading at $0.78 per share as of 1:40 pm EST.