Company expects to sell out of the premium craft beer prior to April 20th in Colorado
COSTA MESA, CA–(GlobeNewswire – March 14, 2018) – Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces the recent run of its premier craft hemp beer, Major Hemp Brown Ale, has been well received by current and new customers.
Sipp Industries’ wholly-owned subsidiary, Major Hemp, is working diligently with distributing partner Colorado Craft Distributors to coordinate reorder fulfillment. The Company also confirms a growing number of new customers requesting samples of Major Hemp Brown Ale for the upcoming 4/20 events throughout the state of Colorado.
Major Hemp President Ted Jorgensen commented, “We have been extremely productive over the past thirty days and it’s a great testament to Major Hemp Brown Ale to see all the reorders and new customer interest. Sales have been better than we expected. The team at Colorado Craft Distributors has done a fantastic job fulfilling new orders and sample requests. We expect the pace to accelerate over the next thirty to forty-five days with our combined sales and marketing efforts.”
The Company also reports it has been in discussions with a popular national restaurant chain, Cheba Hut, for broader distribution. Throughout Colorado there are seven Cheba Hut locations in the greater Denver area, Dillion, Fort Collins, Longmont, Boulder, and Greeley. Major Hemp Brown Ale has already been ordered by Cheba Hut and the Company expects to secure orders from each location in Colorado.
Ted Jorgensen is scheduled to meet with key stakeholders of a large brewery in Indianapolis this week to discuss hemp beer production and distribution throughout the state of Indiana. The Company has already provided the brewery with the necessary hemp ingredient for a test brew.
“We are very excited to see the on-going strong demand for Major Hemp Brown Ale in Colorado. In addition to the growing market there, the initiatives we are undertaking in California and Indiana have enormous potential and we look forward to updating our shareholders as progress is made,” commented Syman Vong, Chief Executive Officer.
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: 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
