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SIPC Sipp Industries Inc (PK)

0.0028
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sipp Industries Inc (PK) USOTC:SIPC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0028 0.0018 0.0028 0.00 13:16:56

Sipp Industries Signs Agreement with Egizii Distributing Expanding HIPA Reach Throughout Central and Southern Illinois

06/03/2019 1:30pm

InvestorsHub NewsWire


 

Sipp Industries Signs Agreement with Egizii Distributing Expanding Major Hemp HIPA Reach Throughout Central and Southern Illinois

Company begins its 3rd brewing run of HIPA as demand for the hemp-infused craft beer soars

 

COSTA MESA, CA -- March 6, 2019 -- InvestorsHub NewsWire -- 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 production and selling of hemp-infused beer, announces its 4th distribution agreement for Major Hemp HIPA with Egizii Distributing Company ("Egizii"), tapping into the popular central and southern Illinois craft beer market.

Egizii is a distributor of alcoholic beverages based in the capital of Springfield, serving all markets south of the Chicago metropolitan area. Contained within this geographic region are a multitude of cities notable for their appreciation of craft beer, including Peoria, Bloomington, and Carbondale. Egizii's distribution territory also comprises a large concentration of college towns replete with vast numbers of university students, a population with expansive social networks that is particularly inclined towards imbibing hemp-infused beer. The company has placed their initial order which is slated to arrive next week.

Sipp Industries has now signed three new distributors during the past month, and reports that Major Hemp HIPA is being eagerly sought out by existing distributors and retail locations that continue to place reorders. In addition, new bars, restaurants and stores are regularly inquiring about becoming first-time customers.

Ted Jorgensen, President of wholly-owned subsidiary Major Hemp, stated, "We are very excited to begin working with Egizii, a rapidly growing beer distributor with hundreds of customers in their coverage area. They tasted Major Hemp HIPA and immediately requested to begin carrying our beer to supply these crucial geographic regions in Illinois. This is an exciting time for Sipp Industries as the demand and distribution channels for HIPA continue to blossom around the Midwest."

The Company also reports that it has started another run of Major Hemp HIPA in order to replenish current distributors as well as increase the number of total locations serving the hemp-infused craft brew. Jorgensen concluded, "We have now completely blanketed Missouri, Iowa and Illinois. As our geographic pipeline continues to expand, Church Street Brewing has done a fantastic job supporting our growth and allowing us to produce fresh batches of the highest quality hemp beer on the market for our ever-growing list of distribution partners."

Major Hemp HIPA has now been placed in over 100 unique locations since October including liquor store chains, retail stores, pubs and restaurants throughout the Midwest. This number is expected to grow progressively into the popular beer drinking months in Spring and Summer.

 

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 production and selling of hemp-infused beer. Through its wholly owned subsidiary, Major Hemp, the Company provides hemp infused beer, high quality and competitively priced hemp-based products, bulk hemp and CBD supply.

 

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

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