(TheNewswire)
Large ScaleCo-Packer set to Scale Production with Facilities on both Coasts ofthe USA
Waterloo, Ontario – TheNewswire - May 25, 2021 - SponsorsOne Inc., (CSE:SPO)(Frankfurt:5SO), (CNSX:SPO.CN), (OTC:SPONF), a company that utilizes its proprietary platformthat combines digital marketing, wholesale and retail distribution,branding, and operational & funding capital, giving it acompetitive first-mover advantage in rapidly growing its proprietarybrands focused in the Alcohol, Functional Beverage and Hemp Sectors,announced today the execution of a co-packing/production agreementwith Brand Force LLC, in Southern California and a partnership withPower Brands.
Myles Bartholomew, CEO of SponsorsOne, said: "Demand for Doc Wylder's has exceeded ourexisting production provider's capacity, and we are excited to partnerwith Brand Force, who will produce Doc Wylder's on both coasts. Producing on both coast reduces logistics costs and time to marketas we scale Doc Wylder's across the USA andinternationally".
This new production relationship will facilitate up to200 cans per minute four times faster than our current providercapacity and represent 50,000 cases per month. We further plan toengage with Brand Force's supply chain, representing significant costsavings. Additionally, bottling options outside the USA could beprovided as we expand our distribution internationally.
MarketWatch Mag, recently on April 13, 2021, stated:"Looking to meet demand for convenience and selection,spirits-based premixed cocktails are often neatly stacked near cashregisters of beverage alcohol retailers. This strategy is paying offas spirits-based RTD sales revenue grew nearly 40% in 2020 to $489million, according to the Distilled Spirits Council (DISCUS). Thesegment is expected to eclipse $500 million this year and headingtoward the $1 billion club. Retailers could have sold more, but supplycouldn't meet high demand. It's driven by consumers' demand forvariety and convenience–two converging factors leading to massiveopportunity." ( 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 (awholly owned subsidiary of SponsorsOne Inc.: https://premierbeverageconsortium.com/
About SponsorsOne Inc.
SponsorsOne is the leader in the next evolution ofbrand creation and digital marketing through influencer marketing,storytelling, and digital-commerce with the SponsorCoin platform andits highly scalable – smart contract-based digital currency. Combined, this allows the brands to build and manage exclusive andhighly engaged communities of influencers (from pro tomicro-influencers) within the social realm. The SponsorCoin platformprovides for data-driven marketing campaigns that will change the waybrands connect with their customers. SponsorCoin is a tool forbrands to inspire real movements around their products and services.Their most valuable customers become their best salespeople, producingfar higher ROI than current social media advertising methods.SponsorsOne, through its wholly-owned subsidiary, SponsorsOne MediaInc., provides full creative and Brand building/management services toall our Brands and manages the influencer communities for each Brand. For making the Brand big, our wholly-ownedsubsidiary S1 Brands Inc., builds wholesale/retail distributionchannels for the Brand, acting as a master distributor. S1 Brandsprovides sales and marketing on behalf of the Brand to its vastnetwork of national wholesalers and retailers and provides purchaseorder financing to assist the Brand fulfilling every order. PremierBeverage Consortium LLC is a wholly owned subsidiary and is brandbuilding for the global spirits market with its flagship "Readyto Drink" product called Doc Wylders. Ownership of the Brandcombined with distribution, digital marketing innovation, and capitalis the winning formula to build the next billion-dollar Brand. Tolearn more, please visit www.sponsorsone.com
Contact: info@sponsorsone.com
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
The Canadian Securities Exchange ("CSE") hasneither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statementsand information that are based on the beliefs of management andreflect the Company's current expectations. When used in this newsrelease, the words "estimate", "project","belief", "anticipate", "intend","expect", "plan", "predict","may" or "should" and the negative of these wordsor such variations thereon or comparable terminology, are intended toidentify forward-looking statements and information. Such statementsand information reflect the current view of the Company with respectto risks and uncertainties that may cause actual results to differmaterially from those contemplated in those forward-looking statementsand information.
By their nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause actual results, performance or achievements, or other futureevents, to be materially different from any future results,performance or achievements expressed or implied by suchforward-looking statements. Such factors include, among others, thefollowing risks:
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- risks associated with marketing and sale ofsecurities
- the need for additional financing requirements andaccess to capital, reliance on key personnel
- the potential for conflicts of interest among certainofficers or directors with certain other projects
- the volatility of the volume and price of the CommonShares, the failure of the business strategy, the integrity of theCompany's patents and proprietary intellectual property andcompetition.
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