CENTR Sees California CBD Beverage Growth Take Major Step Forward

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2021) - CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) today announced its support for California AB-45, the bill creating a regulatory framework for the sale of CBD-infused products, signed into law Wednesday by California Governor Gavin Newsom.

"For over two years, CENTR has been a California pioneer in selling CBD beverages," said CEO Joseph Meehan. "California is critical to the national development of the CBD beverage industry. The signing of AB-45 into law presages a national regulatory strategy, and provides us with a strong opportunity to expand the sales of CENTR and CENTR Sugar Free statewide."

About CENTR Brands Corp. CENTR Brands Corp. develops and markets non-alcoholic, functional products for the global market. The Company's first product, named CENTR, is a sparkling, low calorie, CBD beverage. For more information visit www.findyourcentr.com, and follow on Instagram at @findyourcentr.

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

On behalf of the Board,

CENTR BRANDS CORP.

/s/ Joseph Meehan
Joseph Meehan, Chairman & Chief Executive Officer

This press release may contain "Forward-Looking Statements" within the meaning of applicable Canadian securities laws. Actual results may differ from those indicated as a result of finalization of the Company's financial statements as well as other risks and uncertainties. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99017

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