Sipp Industries Announces New Production of Major Hemp Brown Ale and Distribution Update

Date : 02/12/2018 @ 7:30AM
Source :InvestorsHub NewsWire
Stock : Sipp Industries, Inc. (PC) (SIPC)
Quote : 0.03  -0.0053 (-15.01%) @ 8:57AM
Sipp Industries, Inc. (PC) share price Chart

Sipp Industries Announces New Production of Major Hemp Brown Ale and Distribution Update

Sipp Industries Announces New Production of Major Hemp Brown Ale and Distribution Update

Costa Mesa, CA -- February 12, 2018 -- InvestorsHub NewsWire -- Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces brewing partner Sleeping Giant Brewing Company has delivered a new run of Major Hemp Brown Ale which is immediately available for customers.

Major Hemp Brown Ale is being distributed by Colorado Craft Distributors (CCD) and is currently being served in over forty-five establishments in the state of Colorado. Reorder interest is high and CCD will be actively fulfilling orders for the next few weeks. The momentum of the hemp beer has taken root in the greater Denver area and the Company expects to win numerous more new locations this year. It also had made contingency plans to more than triple production to fulfill expected near term demand.

Sipp Industries has made significant progress with a multi-state distributor that covers five additional states outside of Colorado. Ted Jorgensen, President of wholly-owned subsidiary Major Hemp, had visited the facility and is currently discussing marketing plans with management. Jorgensen commented, "There is a great story to tell with the successes of Major Hemp Brown Ale and it is taking notice. We are committed to expanding this brand nationally and excited about the partners we plan to take this journey with."

The Company has also been working with its partner, Wanderport Corporation (OTC: WDRP), to make Major Hemp Brown Ale available throughout the state of California. The companies have successfully completed a trial production with a Southern California craft brewery and an actual production is expected to commence this month pending fulfillment of the TTB requirements.

Through Wanderport's beverage affiliates, the companies have also identified distributors who stand ready to market and sell the beer once available. Additional details of the joint venture and expansion plans to California and other states will be provided once certain matters are finalized.

"We are pleased with the success of Major Hemp Brown Ale in Colorado and expect to have similar and greater successes as we expand to California and beyond," commented Syman Vong, Chief Executive Officer. "This is an exciting time for Sipp Industries and our partners. We are eager to start production in California and to share this unique beer with consumers nationwide," added Vong.

 

About Wanderport Corporation

Wanderport Corporation is a premier producer and distributor of food, beverages and consumer products made with hemp. Its premium quality hemp Sapa CoffeeTM and Sapa Tea blends are currently being sold in a growing number of independent grocery and small specialty stores in Southern California. Its products are also sold online at www.sapacoffee.com and www.amazon.com. For more information, please visit http://www.wanderportcorp.com.

About Sipp Industries, Inc.

Sipp Industries is a multifaceted corporation that specializes in technology, manufacturing and distribution of commercial and consumer products. Through its wholly owned subsidiary, Major Hemp, the Company provides high quality and competitively priced hemp based products, bulk hemp, CBD supply, co-packing and private labeling services.

 

Website: http://www.sippindustries.com
Facebook: https://www.facebook.com/SippIndustries
Twitter: @SippIndustries

 

Forward Looking Statements:

This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team.

 

Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.

 

Contact:
Ted Jorgensen
Major Hemp President
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435

 

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