CENTR Sugar Free & CENTR Instant Named Best CBD Drinks

Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) (the "Company") announced today that CENTR Sugar Free, its sparkling, 10-calorie CBD beverage, was named Best CBD/Hemp Drink together with CENTR Instant at the 2022 InnoBev Awards.

"Winning InnoBev's Best CBD/Hemp Drink for CENTR Sugar Free and CENTR Instant is another testament to our growing success," said Company President Arjan Chima. "CENTR's CBD beverages continue to demonstrate clear market leadership. We are proud and appreciative of winning this important global award, and thank both our national distributor partner and the ever-growing family of retailers that make CENTR, CENTR Sugar Free and CENTR Instant the top-selling CBD beverage in the United States."

Organized by beverage experts Zenith Global, the sixth annual InnoBev Awards attracted over 185 entries from soft drinks worldwide. The InnoBev Awards celebrate industry excellence and innovation across all sectors of the global soft drinks industry and awards are given in 14 categories, covering innovation, marketing, technology, and packaging. Other 2022 winners included PepsiCo and Nestle USA.

About CENTR Brands Corp. CENTR Brands Corp. is one of North America's leading functional beverage companies, and maker of the #1 selling CBD beverage brand in the United States, according to Brightfield Research. CENTR develops and markets non-alcoholic, functional ingestibles for the global market. The Company produces CENTR, CENTR Sugar Free, and CENTR Instant, the latter two winners of Best CBD/Hemp Drink at the InnoBev Awards 2022. CENTR Instant is a family of on-the-go, adaptogen-based CBD powders. Visit www.findyourcentr.com and follow on Instagram at @findyourcentr. Consumers that do not yet have a local CENTR Brands retailer can visit CENTR's online store at: www.findyourcentr.com/shop.

On behalf of the Board,

CENTR BRANDS CORP.

/s/ Joseph Meehan
Joseph Meehan, Chief Executive Officer

This press release may contain "Forward-Looking Statements" within the meaning of applicable Canadian securities laws. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates ‎and statements that describe the Company's future plans, objectives or goals, including words to the effect that the ‎Company or management expects a stated condition or result to occur. Forward-looking statements may be ‎identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or ‎‎"plan". Since forward-looking statements are based on assumptions and address future events and conditions, by ‎their very nature they involve inherent risks and uncertainties. Although these statements are based on information ‎currently available to the Company, the Company provides no assurance that actual results will meet management's ‎expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual ‎events, results, performance, prospects and opportunities to differ materially from those expressed or implied by ‎such forward-looking information‎. Forward looking information in this news release includes, but is not limited to, the Company's intentions regarding ‎its objectives, goals or future plans and statements, including with respect to the intended use of the net proceeds of the Financings and the proposed sale of additional Units of the Company on similar terms as the Financings.‎ 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/123538