Sipp Industries in Partnership with Sleeping Giant Brewing
Embarks on Formulation of New Cannabidiol Infused Beer
As Sales for Major Hemp Brown Ale Take Off, Company Prepares for
Second Quarter Launch of Next Select Premium Brewing Innovation
COSTA MESA, CA -- (InvestorsHub NewsWire) February 22, 2017) -
Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing
in technology, manufacturing, and distribution of commercial and
consumer products is pleased to announce the Company, in
collaboration with Sleeping Giant Brewing Company, has initiated
development on its new Cannabidiol (CBD) infused beer formula.
Slated for release into the market in the second quarter of this
year, this new CBD infused beer will come into the market right on
the heels of its rising predecessor, Major Hemp Brown Ale, which is
now sustaining sales, and being offered at several establishments.
With continually growing interest, and considerably broader
placement still anticipated, taste tests are ongoing and feedback
remains consistent and overwhelmingly positive.
Progress on the growth of the Companys target market is also
advancing according to plan as distribution requirements and
logistics are evaluated in anticipation of Major Hemp Brown Ale
production and sales in California.
Chief Executive Officer Syman Vong commented, We are very
pleased with the growing momentum and level of interest and
acceptance that Major Brown Hemp Ale is receiving. It gives us a
firm foundation to build on as our developing CBD infused brew is
prepared to hit this exciting market.
The distinctly formulated hemp-infused brew was unveiled at a
successful 4/20 event, where it received favorable reviews for its
appealing color and authentic taste. Major Hemp President, Ted
Jorgensen has closely collaborated with Sleeping Giant Brewing in
the creation of this distinguished beverage. Together they have
optimized the recipe development, formulation, and samples. Working
with proprietary water-soluble hemp powder, it was determined that
the Brown Ale style of craft beer blends well with hemp powder.
This infusion provides a smooth refreshing taste while enhancing
the beer with the numerous healthy attributes that hemp so is
highly recognized for.
Developments of the beer and other initiatives are continuing
and the Company plans to keep investors updated as events
unfold.
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: 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:
Ted Jorgensen
Major Hemp President
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435