COSTA MESA, Calif.,
June 9, 2015 /PRNewswire/ – Sipp
Industries, Inc. (OTC Markets: SIPC), a diversified
conglomerate corporation specializing in technology and
distribution of consumer products, announces the formation of a new
business unit dedicated to serving the growing Hemp
industry.
The new Sipp Industries Hemp unit will have large-volume Hemp
ingredients available including: Toasted Hemp Seeds, Hulled
Hemp Seeds, Hemp Protein Powder, Cold-Pressed Hemp Oil, and Purely
Refined Hemp Oil. Each ingredient will be available in both
Organic and Natural. These Hemp ingredients can be used
in various applications from packaged Hemp products, nutritional
bars, smoothies, salad dressings, body creams and
moisturizers.
"Hemp is in high demand especially in market segments such as
Food & Beverage and Nutritional Supplements," stated CEO
Syman Vong. "We have witnessed
many new Hemp infused products coming to market such as
Hemp-infused energy drinks, Hemp meal replacements and Hemp body
creams. We anticipate this trend to continue and intend be the
one-stop shop for U.S.-based high-volume commercial consumers and
manufacturers of Hemp products."
Current estimates of retail Hemp sales in the U.S. exceeds
$300 million per year and growing. As
of today and for the foreseeable future, there is no current
commercial production of Hemp in the U.S. and the market is
dependent upon imports.
"There are a number of customs procedures, documentation and
costs related to importing Hemp. Part of the value we deliver
is taking care of this process for our customers by providing a
fast, easy, and reliable method to order large volume of Hemp,"
noted CEO Syman Vong.
Sipp Industries will be providing further updates regarding the
online store, product availability, ancillary services and branding
for the new Hemp unit. "We've already experienced cross
selling opportunities with our Advanced Plasma Lighting and Hemp
related products, so we're excited to add Hemp to our product
portfolio," stated CEO Syman
Vong.
Prior to the launch of Sipp's online store, parties interested
in bulk hemp ingredients and current availability and pricing are
encouraged to email info@sippindustries.com.
About Sipp Industries, Inc.
Sipp Industries is a conglomerate corporation that specializes
in technology and distribution of commercial and consumer
products. For more information, please visit
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
Syman Vong, CEO
Sipp Industries, Inc.
Investor Relations
949.220.0435
Email
www.sippindustries.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/sipp-industries-forms-new-business-unit-for-bulk-hemp-distribution-300096265.html
SOURCE Sipp Industries, Inc.