Wein-Bauer has purchased remaining inventory and second run of Major Hemp H-IPA already underway
COSTA MESA, CA – (GlobeNewswire – December 6, 2018) – Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in technology, manufacturing and distribution of commercial and consumer products, announces Major Hemp H-IPA is now being carried in twenty-seven locations throughout the state of Illinois, including restaurants, pubs and liquor stores.
Sales of the Company’s Hemp-infused IPA in cans have been very brisk, exceeding both internal and external expectations. As a result, the Company has initiated a second brewing run of Major Hemp H-IPA this week, with completion projected to occur by the end of December. In response to the high demand for Major Hemp H-IPA, the Company’s distributor Wein-Bauer has recently purchased the remaining inventory in order to fulfill purchase requests from new customers.
Sipp Industries announced the entry of Major Hemp H-IPA into Binny’s Beverage Depot last week, whose debut was met with immediate success. The Company continues to add new locations weekly around the greater Chicago area. In addition to Binny’s Beverage Depot, Major Hemp H-IPA is currently being sold at other well-known liquor stores including two Leo’s Liquors locations, Kenwood Liquors, Sunset Foods, Antioch Fine Wine & Liquor, Joe’s Beverage Warehouse, and the first Armanetti Beverage Mart, a chain consisting of 15 store locations throughout the state of Illinois. New restaurants and pubs around the greater Chicago area now carrying Major Hemp H-IPA include the likes of Sovereign Tap, Happy’s, Beermiscuous, Bar Tini, and On The Rocks. The complete list of locations carrying Major Hemp H-IPA is available on the Company’s website at www.sippindustries.com.
Chief Executive Officer Syman Vong comments, “Our expanding team has been extremely busy over the past several weeks. Our efforts are paying off handsomely, with a rapidly growing list of notable customers that will open up expansion opportunities for us nationally. As one of the pioneers in the Hemp Beer industry, marketing and branding is now a bigger focus than ever, as we work diligently to capitalize on this unique opportunity of being the first publicly traded Hemp Beer company in America. We are very pleased with our brewing and distribution partners and expect demand for Major Hemp H-IPA to grow exponentially as we head into 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: https://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
