New
production run of Major Hemp Brown Ale
slated for completion within two weeks
Costa
Mesa, CA -- January 23, 2018 --
InvestorsHub NewsWire -- Sipp
Industries, Inc.
(OTC:
SIPC), a multifaceted corporation specializing in technology,
manufacturing, and distribution of commercial and
consumer
products announces
a
new production
run of
Major Hemp Brown Ale (MHBA)
is
approaching maturation
stages. The premium craft hemp beer will be ready for
distributors in
early
February.
To
continue catering the growing Colorado market, Sipp
Industries
had
recently
initiated
another production run of MHBA with Denver based brewing partner
Sleeping Giant Brewing Company. Based on forecasted
demand, the
companies
have made contingency
plans to more than triple production to fulfill expected
demand.
Over
the course of 2017, Major Hemp Brown Ale quickly
gained in
popularity
throughout the
state of
Colorado expanding to over 45 new
restaurants, bars and establishments.
MHBA
has been
featured in Denver's Westword, hosted two
consecutive 4/20 events and
continues
to receive reorders from existing
customers.
Sipp
Industries will
continue
working
through
partner
Colorado Craft
Distributors to distribute
MHBA throughout the state
of Colorado. The companies believe
they will continue to
satisfy current orders
and significantly
grow its
list of recurring
customers over the course of the year.
President of
wholly-owned
subsidiary Major
Hemp, Ted
Jorgensen, commented,
"As we approach our
third year in the hemp beer business we couldn't be more excited
about 2018. We have a loyal and growing customer base that is
opening up opportunities for Major Hemp Brown Ale
nationally."
The
company is currently speaking with additional
multi-state beer
distributors to
expand the market for
Major
Hemp Brown Ale outside of the state of Colorado. Jorgensen
continued, "We
are
finalizing logistics and
regulatory matters with
several
opportunities for mass distribution. Additionally, we
have a pending purchase order with a third-party
in the Midwest we are finalizing
terms with. There is no shortage of demand for Major Hemp Brown Ale
and we
look
forward to executing further sales and
partnerships over the coming
weeks."
As
Major Hemp Brown Ale embarks on national expansion parent
company Sipp
Industries has
decided
that MHBA will be packaged
in
cans
versus bottles. Jorgensen stated,
"The distributors
we are
forming relationship with
are
requesting cans due to the industry trend away
from bottles. In addition to better preservation of taste,
there are
lower
costs of
stacking, storing
and transporting which
makes packaging in cans decision
logical."
The
company is excited to report it is making
progress for production and
distribution of Major Hemp Brown Ale in the state of California
which is the largest craft beer state in the country.
The company plans to
make formal announcements in the near future
as
terms of the agreement are
executed.
Syman
Vong, Chief Executive Officer of Sipp Industries, concluded, "Our
team has been working diligently with our production, distribution,
legal and regulatory partners and all the pieces are coming
together.
We expect 2018 to be an incredible
year for
Sipp
Industries and our
flagship brew, Major Hemp Brown Ale."
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
Sipp Industries (PK) (USOTC:SIPC)
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Sipp Industries (PK) (USOTC:SIPC)
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