Lots of "alternative facts" floating around here.
Marijuana is NOT hemp. However there is that guilty by association factor placed on hemp due to the misconception of what hemp is.
This misconception is both good and bad.
- Good, because it puts a company like SIPC front and center within the hot MJ sector and investors have flocked to SIPC.
- Bad, because uneducated and misinformed people intertwine the two as if they're the same, and then try to induce doubt and fear so investors sell, by focusing on what little controversy remains that surrounds the federally "illegal" drug marijuana.
Hemp vs Marijuana defined.
Primarily, the two are cultivated differently. Hemp is grown agriculturally on a large scale, Marijuana is grown horticulturally on a much smaller scale. Each are grown for different uses.
"Industrial" hemp is grown primarily for its seeds and fibers which are then used in every day products like food, oils, lotions, fabrics, and even paper (the Declaration of Independence and the US Constitution were written on hemp paper). Hemp has virtually no THC, which is the psychoactive ingredient in Marijuana. Thus, hemp is legal to grow and sell.
Marijuana is grown and used for its leafs and buds. Marijuana also has a high level of THC and CBD. THC is the psychoactive ingredient, CBD the non psychoactive ingredient used for its healing and health benefits.
Now to address the TTB approval...
As of right now. SIPC is only being distributed in kegs to in state bars/restaurants. Distribution in the state where a beer is brewed does not require TTB approval, it is only required if distribution goes out of state.
SIPC has found success in their local market of Colorado with their Major Hemp Brown Ale (MHBA). So much so, that the next logical step is to expand into other states. And the easiest way to do that is via cans and bottles.
Yes, this would require TTB approval and certificate of label approval (COLA).
Since hemp is 100% legal, there's no reason not to believe that TTB and COLA approval are but basic formalities that SIPC must work through to get cans and bottles distribution.
I've followed SIPC through its early formulation days when MHBA was just a glimmer in the eye. Now MHBA is selling in 40+ establishments and I have no reason to doubt that SIPC is well on its way to widespread distribution in cans and bottles.
Hopefully this clears up some of the "alternative facts" being spread around here.
Go SIPC
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