Sipp Industries, Inc. (OTCMKTS:SIPC) a multifaceted firm specializing in manufacturing, distribution and technology of consumer and commercial products, reported that new orders and demand for Major Hemp Brown Ale continue to increase while adding 7 new establishments just in last week.
Major Hemp Brown Ale has been included to more Denver area setups including The Colorado Keg House, The Pint Room and Downstairs Bar + Kitchen. The Mainline Ale House will also start to offer the premium craft beer. Last week, Major Hemp, a subsidiary of Sipp, has obtained 3 more purchase orders from its supplier and will continue to list new outlets offering Major Hemp Brown Ale on the firm website.
Ted Jorgensen, the President of Major Hemp, noted that they have spent time at the outlets offering Major Hemp Brown Ale and the response has been tremendously positive. From patrons to bar managers everyone enjoys the uniqueness and taste of the beer. They have barely extended their reach into the Colorado and Denver market and are thrilled to continue building their client base.
Sipp Industries intends to host special events at numerous new and current establishments offering Major Hemp Brown Ale. It intends to give Major Hemp Brown Ale kegs to consumers in fete of 4/20. Jorgensen added that they look forward to meeting shareholders and customers while they introduce Major Hemp Brown Ale to more locations. More details on 4/20 will be offered on the social media and website in coming week.
Sipp continues to advance with the next development stage of Major Hemp Brown Ale. With extensive discussions with its distributor, brewer and customers the firm is deciding on strategies to package new product in cans or bottles.
In the last trading session, the stock price of Sipp declined more than 11% to close the trading session at $0.0203.