Large-scale co-packer to prepare for large-scale production with facilities on both coasts of the United States
Waterloo, Ontario – TheNewswire – May 25, 2021 – SponsorsOne Inc., (CSE: SPO) (Frankfurt: 5SO), (CNSX: SPO.CN), (OTC: SPONF), a business that uses its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operating and financing capital, giving it a first-come competitive advantage in rapid growth of its exclusive brands focused on the alcohol, functional drinks and hemp industries, today announced the signing of a co-packing / production agreement with Brand Force LLC, in Southern California, and a partnership with Power Brands.
Myles Bartholomew, CEO of SponsorsOne, said: “The demand for Doc Wylder has exceeded the capacity of our existing production supplier, and we are delighted to partner with Brand Force, which will produce Doc Wylder on both coasts. Producing on both coasts cuts logistics costs and time to market as we expand Doc Wylder’s across the US and internationally. ”
This new production relationship will facilitate up to 200 cans per minute four times faster than our supplier’s current capacity and will represent 50,000 cases per month. We also plan to engage with Brand Force’s supply chain, which represents significant cost savings. Additionally, bottling options outside of the United States may be available as we expand our international distribution.
MarketWatch Mag, recently April 13, 2021, said, “Seeking to meet the demand for convenience and selection, premixed spirits-based cocktails are often neatly stacked near the cash registers of alcoholic beverage retailers. This strategy bears its mark. fruits as spirits-based RTD sales. Revenue increased nearly 40% in 2020 to $ 489 million, according to the Distilled Spirits Council (DISCUS). The segment is expected to eclipse $ 500 million this year and head for the $ 1 billion club. Retailers could have sold more, but supply failed to meet strong demand. It is driven by consumer demand for variety and convenience , two converging factors leading to enormous opportunities. “(https://www.marketwatchmag.com/spirits-based-premixed-cocktails-grow-in-the-off-premise/ )
For more information on Doc Wylders: https://www.docwylders.com/
For more information on Premier Beverage Consortium (a wholly owned subsidiary of SponsorsOne Inc .: https://premierbeverageconsortium.com/
About SponsorsOne Inc.
SponsorsOne is leading the next evolution in branding and digital marketing through influencer marketing, storytelling and digital commerce with the SponsorCoin platform and its highly scalable digital currency based on smart contracts. Together, this allows brands to create and manage exclusive and highly engaged influencer communities (from professionals to micro-influencers) in the social arena. The SponsorCoin platform offers data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool that allows brands to inspire real movement around their products and services. Their most valuable customers become their best sellers, producing a much higher ROI than current methods of social media advertising. SponsorsOne, through its wholly owned subsidiary, SponsorsOne Media Inc., provides comprehensive brand creation and creation / management services to all of our brands and manages the influencer communities for each brand. To grow the brand, our wholly owned subsidiary S1 Brands Inc., builds wholesale / retail distribution channels for the brand, acting as a primary distributor. S1 Brands provides brand-name sales and marketing to its extensive network of national wholesalers and retailers and provides purchase order financing to help the brand fulfill every order. Premier Beverage Consortium LLC is a wholly owned subsidiary and is building a brand for the global spirits market with its flagship “Ready to Drink” product called Doc Wylders. Brand ownership combined with distribution, digital marketing innovation and capital is the winning formula for building the next billion dollar brand. For more information, please visit www.sponsorsone.com
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this press release.
This press release contains forward-looking statements and information which are based on the beliefs of management and reflect the current expectations of the company. When used in this press release, the words “estimate”, “plan”, “believe”, “anticipate”, “intend”, “expect”, “plan”, “anticipate”, “May” or “should” and the negative of these words or such variations on them or comparable terminology, are intended to identify forward-looking statements and information. These statements and information reflect the Company’s current view with respect to the risks and uncertainties that may cause actual results to differ materially from those contemplated in such forward-looking statements and information.
By their nature, forward-looking statements involve risks, uncertainties and other known and unknown factors that may cause actual results, performance or achievements, or other future events, to be materially different from results, performance or performance. or future achievements expressed or implied by such forward-looking statements. These factors include, among others, the following risks:
– risks associated with the marketing and sale of securities
– the need for additional financing needs and access to capital, dependence on key personnel
– the potential for conflicts of interest between certain officers or directors with certain other projects
– volatility in the volume and price of common shares, failure of business strategy, integrity of the company’s patents and proprietary intellectual property and competition.
The Company cautions that the above list of risk factors is not exhaustive and is subject to change and there can be no assurance that these assumptions will reflect the actual results of such items or factors. When relying on the Company’s forward-looking statements and information in making decisions, investors and others should carefully consider the above factors, as well as other uncertainties and potential events, including risk factors, set forth in the declaration of registration of the company. The Company has assumed a certain progression, which may not materialize. It also assumed that the important factors mentioned above will not cause these forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT ATTRIBUTE UNDUE IMPORTANCE TO FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY ON SUCH INFORMATION AT ANY OTHER DATE. AS SOON AS THE COMPANY CAN CHOOSE, IT DOES NOT COMMIT TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.