Monday, December 09, 2019 2:06:59 PM
I'm starting to wonder about this company. I have a lot of money down on this hibernation story.
The Company continues to work through regulatory hurdles with the Alcohol Tobacco Tax & Trade Bureau (TTB) concerning the use of cannabis and alcohol, which has significantly delayed orders of Major Hemp HIPA outside the states of Illinois and Iowa.
The Company is working through similar regulatory requirements with the Texas Alcoholic Beverage Commission (TABC) with Texas based brewing and distribution partner, Nine Band Brewing. Relevant paperwork and documentation has been submitted to the TABC and the Company is awaiting official approval from the state of Texas. Upon approval, Nine Band Brewing will immediately begin production of Major Hemp HIPA. Sipp Industries expects Texas and the southern market will be significant revenue drivers for the Company.
Digdough
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