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Saturday, November 26, 2022

The Exciting Rise of Sipp Industries, Inc. (OTC: SIPC)

Sipp Industries, Inc. (OTC: SIPC) is making another highly explosive move up after the Company announced the launch of its Hemp IPA beer, Major Hemp H-IPA, in cans. This is big news for SIPC which has a long history of highly explosive moves up.

SIPC is at the right place at the right time; this is a very exciting year for the cannabis-infused beer industry. Between Constellation Brands’ decision to invest over $4 billion in Canopy Growth and the continued inclusion of federal hemp legalization in the 2018 Farm Bill, the interest in hemp-infused beer continues to increase significantly.

Sipp Industries, Inc. (OTC: SIPC) 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.

SIPC Major Hemp’s beer is classified as an American Brown Ale.  On its own the hemp powder has a walnut flavor and produces some earthly characteristics when brewed with the beer.  The medium malt interaction creates balance and the hops leave a subtle dryness on the back of the pallet. That’s also where the hemp maintains its originality. The  Ale contains Hemp which is rich in essential fatty acids such as Omega 3 and 6.  It does not contain THC and is legal in all 50 states.

Major Hemp Brown Ale is being distributed by Colorado Craft Distributors (CCD) and is currently being served in over forty-five establishments in the state of Colorado.  Reorder interest is high and CCD will be actively fulfilling orders for the next few weeks.  The momentum of the hemp beer has taken root in the greater Denver area and the Company expects to win numerous more new locations this year.  It also had made contingency plans to more than triple production to fulfill expected near term demand.

On October 24 SIPC announced its highly anticipated inaugural launch of its Hemp IPA beer, Major Hemp H-IPA, in cans. The Company received confirmation from the TTB yesterday that the label for its new Hemp IPA beer has been approved, completing the final step in the regulatory process which permits individual containers of beer to be sold to consumers.

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This milestone achievement marks the beginning of a new era for Sipp Industries, as it continues its quest to develop a diverse lineup of unique craft beers to build around its current pair of Hemp-infused Brown Ale and IPA beers. At the present the Company will be focusing on the release of its first rendition of canned hemp beer. Customers will be able to enjoy Major Hemp H-IPA on draft as well as in 4-packs of 16 oz. cans, which can be purchased onsite.

Sipp Industries is currently in the final stages of selecting multiple well-known distributors for the Chicago market that carry such brands as Rolling Rock, Stella Artois, Dos Equis, Beck’s, Tecate and Labatt’s Blue. These distributors’ channels reach some of the largest and most well-known grocery and alcohol retail chains in the Chicago market. The Company expects to have definitive distribution agreements signed in early November.

President Ted Jorgensen said“We are very excited to receive COLA approval from the TTB and thrilled that cans of Major Hemp H-IPA will be available next week. It has been a long journey, one filled with a variety of regulatory hurdles, but we have now crossed the most important bridge. It is time for us to transition from formulation and package design to bolstering our sales and marketing department in order to maximize sales and distribution of Major Hemp H-IPA.”

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Currently trading at an $18 million market valuation SIPC has little assets, small growing revenues and is debt free. SIPC is an exciting story developing in small caps; SIPC subsidiary, Major Hemp, provides hemp beer and they Company just launched its Hemp IPA beer, Major Hemp H-IPA, in cans. SIPC has quickly attracted a fast growing shareholder base who is bidding SIPC higher. We will be updating on SIPC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SIPC.

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Disclosure: we hold no position in SIPC either long or short and we have not been compensated for this article.

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