Hemp Craft Brews Are Currently Available at Ute Pass Brewing Company and Being Evaluated by a National Beer Distributor Covering 20+ States
COSTA MESA, Calif., (Marketwired – June 1, 2016) – Sipp Industries, Inc. (OTC Markets: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing and distribution of commercial and consumer products announces the availability of the first run of Hemp and CBD beer. The beers are currently being served at Ute Pass Brewing Company in Woodland Park, Colorado which has been in high demand since the co-hosted 4/20 event.
After extensive consideration the Company has determined to launch two hemp beer brands: Major Hemp Porter and Major Hemp CBDBIES. The CBD version of Major Hemp’s beer launch is infused with liquid CBD extracted from Colorado-grown hemp.
In addition to meeting current local hemp beer demand at Ute Pass the Company has focused on securing national distributors to bring Major Hemp Porter and Major Hemp CBDBIES to the mass market. One such distributor the Company is in discussions with covers over 20 states and has expressed strong interest in carrying a hemp beer line.
The Company has also reached an agreement with Ute Pass Brewing Company for an option to acquire a minority stake in the brewery. For the near term, the two companies will partner to produce Hemp Porter and Major Hemp CBDBIES for both on premise sales and nationwide distribution.
Sipp Industries Chief Executive Officer Syman Vong stated, “With our hemp and CBD beer concepts proven the next step for the Company is to secure consistent revenue and profit growth. This will be in the form of national hemp beer distributorships and/or an equity stake in a craft brewery such as Ute Pass Brewing Company.”
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 https://sippindustries.com. Facebook: https://www.facebook.com/SippIndustries Twitter: @SippIndustries
Contact:
Syman Vong, CEO
Sipp Industries, Inc.
Investor Relations
[email protected]
949.220.0435
