Sipp Industries Signs Distribution Agreement With Wein-Bauer, Inc.
Partnership will Expand Reach of Major Hemp H-IPA Throughout Nation’s Third Largest Craft Beer Market
COSTA MESA, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE – Sipp Industries, Inc. (OTC: SIPC), a multifaceted corporation specializing in technology, manufacturing and distribution of commercial and consumer products, announces it has signed a definitive distribution agreement with Wein-Bauer, Inc. to distribute the newly launched premium craft beer Major Hemp H-IPA.
Wein-Bauer, Inc. operates with a primary distribution center just outside of Chicago and boasts regional offices on both coasts, including partnerships with brokers in key states which will enable Major Hemp H-IPA to expand nationally. The two companies are currently working together to fine tune distribution and marketing strategies. Sales will officially commence next week.
The greater Chicago area is home to over 150 breweries, several thousand bars and restaurants, and the nation’s third largest population. Due to its centralized location and strong reputation for beer drinking, Sipp Industries and distribution partner Wein-Bauer expect Major Hemp H-IPA to be a popular favorite in Chicago and throughout the Midwest region.
Sipp Industries officially launched Major Hemp H-IPA last week with its brewing partner, Church Street Brewing Company, in Itasca, IL. It was a tremendous success as the company reported selling over 5 kegs and 400 cans during the initial launch event. The feedback from patrons sampling Major Hemp H-IPA was overwhelmingly positive and the company is excited about bringing the premium hemp beer to the mass markets, as it now sets its sights on immediately penetrating the enormous craft beer market in the greater Chicago area.
Ted Jorgensen, President of Major Hemp, a wholly-owned subsidiary of Sipp Industries, stated, “We are thrilled to partner with Wein-Bauer, Inc. to distribute Major Hemp H-IPA. They have numerous key relationships with large, well-known retailers, restaurants, pubs and establishments where our hemp beer will be a perfect fit.”
Sipp Industries plans to hire a new Sales Director that will cover the Midwest region and work closely with the Wein-Bauer team, providing tastings and samplings of Major Hemp H-IPA. The company is also making preparations for a second run of Major Hemp H-IPA to ensure inventory keeps up with demand.
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 hemp beer, high quality and competitively priced hemp-based products, bulk hemp, CBD supply, co-packing and private labeling services.
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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
949.220.0435
