Large Scale Co-Packer set to Scale Production with Facilities on both Coasts of the USA
Waterloo, Ontario – TheNewswire - May 25, 2021 - SponsorsOne Inc., (CSE:SPO) (Frankfurt:5SO), (CNSX:SPO.CN), (OTC:SPONF), a company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operational & funding capital, giving it a competitive first-mover advantage in rapidly growing its proprietary brands focused in the Alcohol, Functional Beverage and Hemp Sectors, announced today the execution 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: "Demand for Doc Wylder's has exceeded our existing production provider's capacity, and we are excited to partner with Brand Force, who will produce Doc Wylder's on both coasts. Producing on both coast reduces logistics costs and time to market as we scale Doc Wylder's across the USA and internationally".
This new production relationship will facilitate up to 200 cans per minute four times faster than our current provider capacity and represent 50,000 cases per month. We further plan to engage with Brand Force's supply chain, representing significant cost savings. Additionally, bottling options outside the USA could be provided 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 cash registers of beverage alcohol retailers. This strategy is paying off as spirits-based RTD sales revenue grew 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 heading toward the $1 billion club. Retailers could have sold more, but supply couldn't meet high demand. It's driven by consumers' demand for variety and convenience–two converging factors leading to massive opportunity." (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 the leader in the next evolution of brand creation and digital marketing through influencer marketing, storytelling, and digital-commerce with the SponsorCoin platform and its highly scalable – smart contract-based digital currency. Combined, this allows the brands to build and manage exclusive and highly engaged communities of influencers (from pro to micro-influencers) within the social realm. The SponsorCoin platform provides for data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services. Their most valuable customers become their best salespeople, producing far higher ROI than current social media advertising methods. SponsorsOne, through its wholly-owned subsidiary, SponsorsOne Media Inc., provides full creative and Brand building/management services to all our Brands and manages the influencer communities for each Brand. For making the Brand big, our wholly-owned subsidiary S1 Brands Inc., builds wholesale/retail distribution channels for the Brand, acting as a master distributor. S1 Brands provides sales and marketing on behalf of the Brand to its vast network of national wholesalers and retailers and provides purchase order financing to assist the Brand fulfilling every order. Premier Beverage Consortium LLC is a wholly owned subsidiary and is brand building for the global spirits market with its flagship "Ready to Drink" product called Doc Wylders. Ownership of the Brand combined with distribution, digital marketing innovation, and capital is the winning formula to build the next billion-dollar Brand. To learn more, please visit www.sponsorsone.com
Contact: info@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.
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