Company expands presence into 4th state and penetrates major metropolitan markets in Kansas City and Wichita
COSTA MESA, CA – (GlobeNewswire – March 27, 2019) – Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in manufacturing and distribution of commercial and consumer products, and the first publicly traded company in America whose primary focus is the production and sales of hemp-infused beer, announces that it has granted distribution rights to existing partner Sparta Beverage (“Sparta”) for the sale of Major Hemp HIPA in cans throughout the state of Kansas.
Kansas City and Wichita represent the two largest beer-drinking markets in Kansas. It is home to a number of large colleges and universities, professional sports teams, and a vibrant social scene. President of wholly-owned subsidiary Major Hemp, Ted Jorgensen, stated, “We are thrilled to announce our official entry into the state of Kansas, which represents a huge market to distribute our hemp-infused IPA. I’ve been on the road with HIPA in many parts of the country and I haven’t met people more enthusiastic about drinking our beer than Kansans. The team at Sparta has been doing a fantastic job in Missouri thus far and we are all excited to enter another new state, which is now our fourth one.”
Sipp Industries reports that it is currently in discussions with new distributors in the states of Wisconsin, Nebraska, Oklahoma and Arkansas, all of which have expressed strong interest in carrying Major Hemp HIPA. The Company plans on entering many more major markets by the end of 2019.
In addition to on-going efforts to expand into new territories, the Company is also putting the finishing touches on a marketing campaign which it plans to launch in the Spring.
Chief Executive Officer, Syman Vong, concluded, “As we look for additional brewery partners in multiple regions and launch our CBD-infused beer, we anticipate that our supply will increase significantly. In collaboration with our brand ambassador we plan to initiate aggressive and interactive marketing campaigns both on and offline to target prospective customers which we expect to yield significant more demand for our hemp-infused craft beers.”
About Sipp Industries, Inc.
Sipp Industries is a multifaceted corporation that specializes in manufacturing and distribution of commercial and consumer products, and the first publicly traded company in America whose primary focus is the production and sales of hemp-infused beer. Through its wholly owned subsidiary, Major Hemp, the Company provides hemp beer, high quality and competitively priced hemp-based products, bulk hemp and CBD supply.
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
