Sipp Industries
Completes Second Brewing Run of H-IPA and Unveils New Label Design
as Rapid Expansion Continues
Major Hemp
H-IPA now being carried
at over
75 new
locations and growing since October launch
COSTA MESA, CA --
January 16, 2018 -- InvestorsHub
NewsWire -- Sipp Industries, Inc. (OTC:
SIPC), a multifaceted corporation specializing in technology,
manufacturing and distribution of commercial and consumer products,
announces the second run of Major Hemp H-IPA has been completed and
will be packaged this month
for
immediate distribution.
In less than three
months since its launch, Major Hemp H-IPA has been placed in
over 75
establishments
throughout Illinois. With brisk sales momentum and month over month
growth, the company is in the midst of hiring a dedicated Sales
Executive/Account Manager to conduct new prospect marketing and
hemp brew tastings while attending craft beer events around the
state. This individual will also manage and expand business with
major accounts such as Binny's
Beverage
Depot and Armanetti's,
along with new major grocery and convenience store chains that are
coming online.
Based on feedback
from customers, the company has released a new, eye-catching, Major
Hemp H-IPA label design which can be found on the company's website
and social media. Current buyers are excited about the new label
design and Major Hemp's distributors believe it will further
enhance sales within the existing customer base, as well as attract
new accounts and patrons.
President Ted
Jorgensen of wholly-owned subsidiary, Major Hemp, commented, "We
are very excited to have achieved this landmark milestone of
attaining over
75
locations
in less than 100 days after our launch of Major Hemp H-IPA. Sales
have vastly exceeded initial projections and that's a testament to
our combined sales efforts with Wein-Bauer in tandem with the
quality of brewing by Church Street. Due to our accelerating
growth, by the end of this month we expect to hire a new team
member to assist us in the further development and saturation of
the Illinois market. Furthermore, we are
excited
about the recent enactment of federal hemp legalization and the
Federal Drug Administration's (FDA) decision to certify the active
hemp ingredient in our beers, hemp seed protein, as a consumable
ingredient in the Generally Recognized As Safe (GRAS) category. We
believe this will provide a definitive answer for the breweries and
distributors that had remained on the sidelines awaiting further
clarity on the legality of hemp seed beers, opening up additional
business opportunities with well-established partners moving
forward this year."
Sipp Industries is
prepared to submit multiple additional recipes and label designs to
the Alcohol and Tobacco
Tax and Trade Bureau (TTB)
immediately after the conclusion of the government shutdown,
including a recipe on the very cutting-edge of America's palate in
2019.
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 hemp beer, 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