Sunday, July 30, 2017 1:47:02 AM
SIPC updated perspective and due diligence 7/29/17
Several months have passed since the last all encompassing update I offered on SIPC, and a lot has transpired in that time period.
So starting from the beginning of my last due diligence post...here goes with additions from the last point where I left off. Updated additions are in red print.
Below are highlights from the last few years that really show how the company has grown and vertically integrated rapidly, within the Hemp/MJ sector to its present day business. Everything is taken from publicly available information.
It's important to take the time to understand the history of the company in order to have the vision of where it's going. Please take the time to read through ALL of this if you're an investor. Believe me, it will take far less time for you to read, than it did for me to put this all together!!
June 9, 2015 - sort of the beginning...
The stage was set earlier with their involvement in Plasma lighting solutions to the "budding" marijuana industry. However, from this point, the story begins with the early stages of SIPC forming their subsidiary Major Hemp to begin bulk hemp distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-New-Business-Unit-for-Bulk-Hemp-Distribution?id=106839&b=y
December 23, 2015
Official launch of their wholly owned subsidiary Major Hemp - majorhemp.com
COSTA MESA, CA--(Marketwired - Dec 23, 2015) - Sipp Industries, Inc. (OTC: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces the opening of Major Hemp at www.majorhemp.com.
Operating as a wholly owned subsidiary, Major Hemp will handle all hemp related businesses for Sipp Industries.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Official-Opening-of-New-Subsidiary-Major-Hemp?id=122084&b=y
January 26, 2016
First deal to supply quality bulk hemp ingredients.
Major Hemp continues to focus on supplying and partnering with innovative, growing companies within the hemp industry such as Hemp Angel Products. In addition to supplying customers with quality bulk hemp ingredients, Major Hemp will actively market and sell Hemp Angel Products throughout business-to-business channels nationwide. This strategy allows for both parties to mutually benefit as each business grows.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Exclusive-Supply-Agreement-With-Hemp-Angel-Products-for-Hemp-Oil?id=123850&b=y
February 23, 2016
Sipp Industries appoints Ted Jorgensen President of Major Hemp (wholly owned subsidiary of Sipp Industries. This is the beginning stages of Major Hemp Brown Ale (MHBA).
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Names-Ted-Jorgensen-as-New-President-and-Announces-Corporate-Developments?id=125919&b=y
February 29, 2016
Major Hemp provides hemp seeds to Crazy Mountain Brewery ( crazymountainbrewery.com ) and partners with them to market and distribute Hippie's Hemp Brown Ale. Crazy Mountain Brewery is currently carried by major distributors and in Whole Foods. Their distribution is in 19 states, and several countries in Europe!
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
Side note, I was visiting family in MN and went to a restaurant in the popular Uptown area of Minneapolis and saw a beer from Crazy Mountain Brewery on the beer list. With a quick search, yes...this is the same brewery that SIPC partnered with. It wasn't the Hippie's Hemp Brown Ale, but it demonstrates the reach that one of the breweries they partnered with has. These associations can be key when it comes to opening doors for distribution of other varieties of beers SIPC and this brewery partner on. Here's a picture of the beer on the menu:
March 3, 2016
Major Hemp signs distributor agreements with big retailers Wanderport and Acadia Hemp, and bulk hemp sales. This is showing continued expansion and growth for Sipp Industries wholly owned subsidiary Major Hemp.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Signs-Distributor-Agreements-With-Wanderport-and-Acadia-Hemp-for-Retail-and-Bulk-Hemp-Sales?id=126650&b=y
The next few press releases below, outline a successful agreement made with Ute Pass Brewing Company, a trial run of several craft beers, a "beta" launch at a 4/20 festival, and the ultimate lead up to the formulation of Major Hemp's CBD Hemp Beer with Ute Pass Brewing in association with Crazy Mountain Brewery.
March 14, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Hemp-Beer-Agreement-With-Ute-Pass-Brewing-Company?id=127280&b=y
April 4, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Provides-Update-on-Colorado-Brewed-Hemp-Beer-Availability?id=128661&b=y
April 15, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Provides-Hemp-Beer-Update-With-Ute-Pass-Brewing-Company-and-4-20-Event?id=129448&b=y
April 22, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Reports-4-20-Hemp-Beer-Event-Exceeds-Attendance-Expectations--Company-Provides-Guidance-on-Hemp-Beer-Business-Direction?id=129961&b=y
April 27, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-and-Ute-Pass-Brewing-Company-Announce-Launch-of-Revolutionary-CBD-Infused-Hemp-Craft-Beer?id=130275&b=y
June 1, 2016
High demand results in first run of hemp and CBD beer, now available at Ute Pass Brewing Company in Woodland Park, CO and has the option to acquire a minority stake in the brewery while working to secure revenue growth with sales and nationwide distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Availability-of-Craft-Hemp-Beers-Major-Hemp-Porter-and-Major-Hemp-CBDBIES?id=133105&b=y
July 28, 2016
Shareholder update overviewing their multiple lines of business.
https://www.otcmarkets.com/stock/SIPC/news/SIPP-Industries-Announces-Shareholder-Update-and-Corporate-Developments?id=136864&b=y
September 7, 2016
SIPC receives a 2,000 lb. hemp seed order, contributing to revenue that already exceeds the previous quarter.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Receives-2-000-lb-Order-of-Organic-Bulk-Hemp-Seed?id=139896&b=y
October 17, 2016
Wow, SIPC retires 395 million restricted shares and cancels 1 million shares of preferred stock, leaving no preferred stock issued and outstanding. In essence, this shows absolute confidence in the ongoing business and the future prospects for the company.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Retires-395-Million-Shares-of-Common-Stock?id=142583&b=y
October 20, 2016
SIPC prepares to have full proprietary rights and control over their own hemp and CBD beer recipes. Part of this process requires a new partner that has full turnkey brewing and distribution capabilities. This is where Major Hemp Brown Ale (MHBA) is born, the company's first wholly owned hemp beer.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Secures-Partnership-with-Distinguished-Brewery-for-Enhanced-Production-Capacity-and-Provides-Update-on-Hemp-and-CBD-Beer-Initiatives?id=142891&b=y
November 14, 2016
SIPC officially enters partnership with Sleeping Giant Brewing Company to launch their wholly owned hemp beer MHBA. Sleeping Giant is a large contract brewery that doesn't brew their own beer, which helps to avoid any conflict of interest over ownership or intellectual property.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Strategic-Partnership-for-Launch-of--quot-Major-Hemp-Brown-Ale-quot---Exclusive-Premium-Hemp-Beer?id=144722&b=y
February 1, 2017
Sleeping Giant Brewing Company completes initial run of MHBA for SIPC, leading to SIPC signing a distribution deal with Colorado Craft Distributors. They will scale locally in the Denver market to gauge consumer response prior to developing a strategy for wider distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Agreement-with-Colorado-Craft-Distributors-to-Distribute--quot-Major-Hemp-Brown-Ale-quot-?id=150124&b=y
February 22, 2017
MHBA sustaining sales and growing interest leading to anticipated production and sales in CA. Additionally, Sleeping Giant Brewing Company and Major Hemp are formulating a new CBD infused beer, with an expected launch in the second quarter of this year.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-in-Partnership-with-Sleeping-Giant-Brewing-Embarks-on-Formulation-of-New-Cannabidiol-Infused-Beer?id=151723&b=y
March 22, 2017
Going back to March 3, 2016 when SIPC signed a distributor agreement with Wanderport...that press release said the company was "in discussions with Wanderport Corporation to supply raw hemp ingredients for the development of new, innovative, hemp-infused products." Despite a year passing by, SIPC ultimately did end up supplying Wanderport Corporation with premium bulk hemp seed that was used in Wanderports hemp based products, including their hemp Sapa Coffee.
Additionally, with the success of their Major Hemp Brown Ale, plans for national distribution in cans and bottles ensues.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-Distribution-Partnership-with-Wanderport-Corporation-to-Supply-Premium-Bulk-Hemp-Seed-and-Oil?id=153955&b=y
Hemp Sapa Coffee retail display, also available for sale on Amazon.
Major Hemp Brown Ale in bottles for the first time?
April 13, 2017
SIPC doubles the number of establishments carrying Major Hemp Brown Ale. 3 days later, those who follow Sipp Industries Facebook page noticed Old Chicago (National Franchise) of Aurora CO was now serving Major Hemp Brown Ale! Even if this is just one of the many franchises of Old Chicago, it sets a precedent and establishes a relationship and contract model for future locations to be added.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Doubles-Number-of-Establishments-Carrying-Major-Hemp-Brown-Ale?id=155949&b=y
Major Hemp Brown Ale now served at Old Chicago in Aurora
May 11, 2017
Re-orders of Major Hemp Brown Ale! Great news, but even bigger is the beginning stages of CBD beer!! For those who understand the difference between hemp and CBD, this is huge! A CBD beer will have a completely different kind of "medicated bodily impact" that will capture the attention and interest of beer goers!! This could be bigger than Major Hemp Brown Ale!!
"Sipp Industries, in partnership with distributor Colorado Craft Distributors, has invested in equipment that enables professional samples of Major Hemp Brown Ale to be delivered to more establishments and higher volume potential buyers. Additionally, the Company is using this equipment that can produce limited samples of CBD beer for potential customers and pre-orders. Jorgensen continued, "Our water soluble CBD blends perfectly with a number of beers we've tested at Sleeping Giant Brewery. The next step is determining the right beer, demand, and launch strategy."
Additionally, expansion plans are underway into the California, Illinois, and New York markets. Entrance into these large markets will help put SIPC in front of a whole new audience and as partnerships and deals are made within these market segments, SIPC can start becoming a nationally known brand for its hemp and CBD beers.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Reorders-and-New-Establishments-Carrying-Major-Hemp-Brown-Ale?id=158756&b=y
June 29, 2017
A nice corporate update and exclusivity with Wanderport.
"Sipp Industries also reports it has made significant progress with the Alcohol and Tobacco and Trade Bureau through advancing licensing opportunities which is critical to expand sales of hemp and CBD beer. The Alcohol and Tobacco and Trade Bureau is a bureau under the Department of Treasury. At the TTB, the governmental organization enforces the Federal Alcohol Administration Act (FAAA)."
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-New-Supplier-Contract-with-Wanderport-Corporation-and-Provides-Corporate-Updates?id=163504&b=y
This brings us to present day. SIPC continues its steady flow of communication and updates. I expect to hear more from the company along the lines of their new CBD infused beer and further saturation into other markets with their MHBA line of beer, but in cans/bottles.
SIPC has come a long way in a few short years. Like it or not, widespread exposure a few months back, brought focus to a development stage company, making healthy strides as they continue seeing growth.
At the current price of .0138, and a market cap of only $3.7 million, it's hard not to consider taking a position here. A publicly traded hemp/CBD beer company with positive slow and steady growth...definitely worth having a position in my opinion.
Go SIPC
Rec
Several months have passed since the last all encompassing update I offered on SIPC, and a lot has transpired in that time period.
So starting from the beginning of my last due diligence post...here goes with additions from the last point where I left off. Updated additions are in red print.
Below are highlights from the last few years that really show how the company has grown and vertically integrated rapidly, within the Hemp/MJ sector to its present day business. Everything is taken from publicly available information.
It's important to take the time to understand the history of the company in order to have the vision of where it's going. Please take the time to read through ALL of this if you're an investor. Believe me, it will take far less time for you to read, than it did for me to put this all together!!
June 9, 2015 - sort of the beginning...
The stage was set earlier with their involvement in Plasma lighting solutions to the "budding" marijuana industry. However, from this point, the story begins with the early stages of SIPC forming their subsidiary Major Hemp to begin bulk hemp distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-New-Business-Unit-for-Bulk-Hemp-Distribution?id=106839&b=y
December 23, 2015
Official launch of their wholly owned subsidiary Major Hemp - majorhemp.com
COSTA MESA, CA--(Marketwired - Dec 23, 2015) - Sipp Industries, Inc. (OTC: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing, and distribution of commercial and consumer products announces the opening of Major Hemp at www.majorhemp.com.
Operating as a wholly owned subsidiary, Major Hemp will handle all hemp related businesses for Sipp Industries.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Official-Opening-of-New-Subsidiary-Major-Hemp?id=122084&b=y
January 26, 2016
First deal to supply quality bulk hemp ingredients.
Major Hemp continues to focus on supplying and partnering with innovative, growing companies within the hemp industry such as Hemp Angel Products. In addition to supplying customers with quality bulk hemp ingredients, Major Hemp will actively market and sell Hemp Angel Products throughout business-to-business channels nationwide. This strategy allows for both parties to mutually benefit as each business grows.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Exclusive-Supply-Agreement-With-Hemp-Angel-Products-for-Hemp-Oil?id=123850&b=y
February 23, 2016
Sipp Industries appoints Ted Jorgensen President of Major Hemp (wholly owned subsidiary of Sipp Industries. This is the beginning stages of Major Hemp Brown Ale (MHBA).
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Names-Ted-Jorgensen-as-New-President-and-Announces-Corporate-Developments?id=125919&b=y
February 29, 2016
Major Hemp provides hemp seeds to Crazy Mountain Brewery ( crazymountainbrewery.com ) and partners with them to market and distribute Hippie's Hemp Brown Ale. Crazy Mountain Brewery is currently carried by major distributors and in Whole Foods. Their distribution is in 19 states, and several countries in Europe!
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-and-Crazy-Mountain-Brewery-Agree-on-Hemp-Supply-and-Co-Marketing-Terms-for-Hemp-Beer?id=126329&b=y
Side note, I was visiting family in MN and went to a restaurant in the popular Uptown area of Minneapolis and saw a beer from Crazy Mountain Brewery on the beer list. With a quick search, yes...this is the same brewery that SIPC partnered with. It wasn't the Hippie's Hemp Brown Ale, but it demonstrates the reach that one of the breweries they partnered with has. These associations can be key when it comes to opening doors for distribution of other varieties of beers SIPC and this brewery partner on. Here's a picture of the beer on the menu:
March 3, 2016
Major Hemp signs distributor agreements with big retailers Wanderport and Acadia Hemp, and bulk hemp sales. This is showing continued expansion and growth for Sipp Industries wholly owned subsidiary Major Hemp.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Signs-Distributor-Agreements-With-Wanderport-and-Acadia-Hemp-for-Retail-and-Bulk-Hemp-Sales?id=126650&b=y
The next few press releases below, outline a successful agreement made with Ute Pass Brewing Company, a trial run of several craft beers, a "beta" launch at a 4/20 festival, and the ultimate lead up to the formulation of Major Hemp's CBD Hemp Beer with Ute Pass Brewing in association with Crazy Mountain Brewery.
March 14, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Signs-Hemp-Beer-Agreement-With-Ute-Pass-Brewing-Company?id=127280&b=y
April 4, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Subsidiary-Major-Hemp-Provides-Update-on-Colorado-Brewed-Hemp-Beer-Availability?id=128661&b=y
April 15, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Provides-Hemp-Beer-Update-With-Ute-Pass-Brewing-Company-and-4-20-Event?id=129448&b=y
April 22, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Reports-4-20-Hemp-Beer-Event-Exceeds-Attendance-Expectations--Company-Provides-Guidance-on-Hemp-Beer-Business-Direction?id=129961&b=y
April 27, 2016
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-and-Ute-Pass-Brewing-Company-Announce-Launch-of-Revolutionary-CBD-Infused-Hemp-Craft-Beer?id=130275&b=y
June 1, 2016
High demand results in first run of hemp and CBD beer, now available at Ute Pass Brewing Company in Woodland Park, CO and has the option to acquire a minority stake in the brewery while working to secure revenue growth with sales and nationwide distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Availability-of-Craft-Hemp-Beers-Major-Hemp-Porter-and-Major-Hemp-CBDBIES?id=133105&b=y
July 28, 2016
Shareholder update overviewing their multiple lines of business.
https://www.otcmarkets.com/stock/SIPC/news/SIPP-Industries-Announces-Shareholder-Update-and-Corporate-Developments?id=136864&b=y
September 7, 2016
SIPC receives a 2,000 lb. hemp seed order, contributing to revenue that already exceeds the previous quarter.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Receives-2-000-lb-Order-of-Organic-Bulk-Hemp-Seed?id=139896&b=y
October 17, 2016
Wow, SIPC retires 395 million restricted shares and cancels 1 million shares of preferred stock, leaving no preferred stock issued and outstanding. In essence, this shows absolute confidence in the ongoing business and the future prospects for the company.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Retires-395-Million-Shares-of-Common-Stock?id=142583&b=y
October 20, 2016
SIPC prepares to have full proprietary rights and control over their own hemp and CBD beer recipes. Part of this process requires a new partner that has full turnkey brewing and distribution capabilities. This is where Major Hemp Brown Ale (MHBA) is born, the company's first wholly owned hemp beer.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Secures-Partnership-with-Distinguished-Brewery-for-Enhanced-Production-Capacity-and-Provides-Update-on-Hemp-and-CBD-Beer-Initiatives?id=142891&b=y
November 14, 2016
SIPC officially enters partnership with Sleeping Giant Brewing Company to launch their wholly owned hemp beer MHBA. Sleeping Giant is a large contract brewery that doesn't brew their own beer, which helps to avoid any conflict of interest over ownership or intellectual property.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Strategic-Partnership-for-Launch-of--quot-Major-Hemp-Brown-Ale-quot---Exclusive-Premium-Hemp-Beer?id=144722&b=y
February 1, 2017
Sleeping Giant Brewing Company completes initial run of MHBA for SIPC, leading to SIPC signing a distribution deal with Colorado Craft Distributors. They will scale locally in the Denver market to gauge consumer response prior to developing a strategy for wider distribution.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Enters-Agreement-with-Colorado-Craft-Distributors-to-Distribute--quot-Major-Hemp-Brown-Ale-quot-?id=150124&b=y
February 22, 2017
MHBA sustaining sales and growing interest leading to anticipated production and sales in CA. Additionally, Sleeping Giant Brewing Company and Major Hemp are formulating a new CBD infused beer, with an expected launch in the second quarter of this year.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-in-Partnership-with-Sleeping-Giant-Brewing-Embarks-on-Formulation-of-New-Cannabidiol-Infused-Beer?id=151723&b=y
March 22, 2017
Going back to March 3, 2016 when SIPC signed a distributor agreement with Wanderport...that press release said the company was "in discussions with Wanderport Corporation to supply raw hemp ingredients for the development of new, innovative, hemp-infused products." Despite a year passing by, SIPC ultimately did end up supplying Wanderport Corporation with premium bulk hemp seed that was used in Wanderports hemp based products, including their hemp Sapa Coffee.
Additionally, with the success of their Major Hemp Brown Ale, plans for national distribution in cans and bottles ensues.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Forms-Distribution-Partnership-with-Wanderport-Corporation-to-Supply-Premium-Bulk-Hemp-Seed-and-Oil?id=153955&b=y
Hemp Sapa Coffee retail display, also available for sale on Amazon.
Major Hemp Brown Ale in bottles for the first time?
April 13, 2017
SIPC doubles the number of establishments carrying Major Hemp Brown Ale. 3 days later, those who follow Sipp Industries Facebook page noticed Old Chicago (National Franchise) of Aurora CO was now serving Major Hemp Brown Ale! Even if this is just one of the many franchises of Old Chicago, it sets a precedent and establishes a relationship and contract model for future locations to be added.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Doubles-Number-of-Establishments-Carrying-Major-Hemp-Brown-Ale?id=155949&b=y
Major Hemp Brown Ale now served at Old Chicago in Aurora
May 11, 2017
Re-orders of Major Hemp Brown Ale! Great news, but even bigger is the beginning stages of CBD beer!! For those who understand the difference between hemp and CBD, this is huge! A CBD beer will have a completely different kind of "medicated bodily impact" that will capture the attention and interest of beer goers!! This could be bigger than Major Hemp Brown Ale!!
"Sipp Industries, in partnership with distributor Colorado Craft Distributors, has invested in equipment that enables professional samples of Major Hemp Brown Ale to be delivered to more establishments and higher volume potential buyers. Additionally, the Company is using this equipment that can produce limited samples of CBD beer for potential customers and pre-orders. Jorgensen continued, "Our water soluble CBD blends perfectly with a number of beers we've tested at Sleeping Giant Brewery. The next step is determining the right beer, demand, and launch strategy."
Additionally, expansion plans are underway into the California, Illinois, and New York markets. Entrance into these large markets will help put SIPC in front of a whole new audience and as partnerships and deals are made within these market segments, SIPC can start becoming a nationally known brand for its hemp and CBD beers.
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-Reorders-and-New-Establishments-Carrying-Major-Hemp-Brown-Ale?id=158756&b=y
June 29, 2017
A nice corporate update and exclusivity with Wanderport.
"Sipp Industries also reports it has made significant progress with the Alcohol and Tobacco and Trade Bureau through advancing licensing opportunities which is critical to expand sales of hemp and CBD beer. The Alcohol and Tobacco and Trade Bureau is a bureau under the Department of Treasury. At the TTB, the governmental organization enforces the Federal Alcohol Administration Act (FAAA)."
https://www.otcmarkets.com/stock/SIPC/news/Sipp-Industries-Announces-New-Supplier-Contract-with-Wanderport-Corporation-and-Provides-Corporate-Updates?id=163504&b=y
This brings us to present day. SIPC continues its steady flow of communication and updates. I expect to hear more from the company along the lines of their new CBD infused beer and further saturation into other markets with their MHBA line of beer, but in cans/bottles.
SIPC has come a long way in a few short years. Like it or not, widespread exposure a few months back, brought focus to a development stage company, making healthy strides as they continue seeing growth.
At the current price of .0138, and a market cap of only $3.7 million, it's hard not to consider taking a position here. A publicly traded hemp/CBD beer company with positive slow and steady growth...definitely worth having a position in my opinion.
Go SIPC
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