SIPP Industries Announces Shareholder Update and Corporate
Developments
COSTA MESA, CA -- July 28, 2016 -- InvestorsHub NewsWire -- SIPP
Industries, Inc. (OTC
Markets: SIPC), a diversified conglomerate corporation
specializing in technology, manufacturing and distribution of
commercial and consumer products announces a shareholder update on
company progress and corporate developments.
Early this quarter, wholly-owned subsidiary Major Hemp received
payment from a new customer that is producing a cannabidiol
(CBD)-infused beverage line with high-profile celebrity branding.
This order represents the second major customer that will be
utilizing the companies Colorado-grown liquid CBD source. President
Ted Jorgensen commented, The liquid CBD we have has proven to be
very diverse which has vastly opened up new business opportunities
specifically in the functional beverage industry.
Major Hemp has also received its first sale of Foods Alive
products to customer and partner Hemp Angel Products. Multiple
varieties of hemp seeds and hemp oil products packaged by Foods
Alive, within their certified organic facility, will soon be
available at www.hempangelproducts.com. Founder and
Owner of Hemp Angel Products Rhonda Olson commented, We continue to
receive inquires for hemp seed and hemp oil and Major Hemps partner
Foods Alive provides the highest quality, organic hemp products on
the market today.
SIPP Industries is finalizing details for the official entrance
into the equine industry. The Company has applied for a trademark
registration of a premier brand of hemp oriented products for the
equine markets. The recent trademark filing and associated
documentation has slightly delayed the launch of the new ecommerce
site which is slated for next month.
Major Hemp is in the final discussions with a large retail
supplier of raw bulk ingredients found at companies such as Kroger
and Wholefoods. This established company is seeking to add hulled
hemp seeds to their offering and has turned to Major Hemp for bulk
supply and co-packing needs. The Company has agreed to pricing
terms and is currently conducting new vendor set-up steps and final
arrangements. The Company will update shareholders with more
details once the deal is finalized.
Chief Executive Officer Syman Vong concluded, We are very
pleased with the continued progress of the Company. There are
multiple significant initiatives in motion and we will continue to
keep our shareholders updated with all major developments.
About Sipp Industries, Inc.
Sipp Industries is a conglomerate 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 bulk
hemp, CBD supply, co-packing and private labeling services. For
more information, please visit http://www.sippindustries.com. Facebook: https://www.facebook.com/SippIndustries Twitter:
@SippIndustries
Contact:
Syman Vong, CEO
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435