SOURCE: SIPP Industries, Inc.

February 23, 2016 08:30 ET

Sipp Industries Subsidiary Major Hemp Names Ted Jorgensen as New President and Announces Corporate Developments

Major Hemp Adds Veteran Leader to Expand Company Operations Within Hemp Sector; Company to Open Regional Office in Colorado

COSTA MESA, CA--(Marketwired - Feb 23, 2016) - Sipp Industries, Inc. (OTC: SIPC), a diversified conglomerate corporation specializing in technology, manufacturing and distribution of commercial and consumer products announces the appointment of Ted Jorgensen as President of Major Hemp. Mr. Jorgensen brings over 30 years of successfully developing and operating early stage growth companies.

"We welcome Ted's experience and leadership for Major Hemp. In his new role, Ted will be responsible for growing Major Hemp's retail product distribution network and sales of bulk hemp, private labeling, and upcoming Cannabidiol (CBD) related products," stated Chief Executive Officer, Syman Vong.

In the coming weeks, Mr. Jorgensen will evaluate locations for Major Hemp's regional office in the Colorado Springs or Denver area. "There is a tremendous first mover opportunity underway within the hemp industry notably in the state of Colorado," commented newly appointment President Ted Jorgensen. "We are in discussions with farmers throughout Colorado for greater distribution of their domestic crop from hemp seed and oil, to fiber, and CBD extracts," continued Jorgensen. "The 2016 crop is expected to expand significantly over last year's harvest and we look forward to partnering with Colorado farmers to help drive sales and advance the industry forward."

This past week, Major Hemp officially joined the Hemp Industries Association (HIA). Joining this industry leading association will enable Major Hemp to network and partner with the hemp industry's most innovative and forward looking companies. Major Hemp's platform and network will blend well with like-minded, growing hemp companies, seeking bulk hemp supply, sales, and distribution services.

Over the past week, Major Hemp fulfilled its initial order with a well-known Colorado based craft brewer that is developing its first hemp beer. The official release date is scheduled for the end of March. Major Hemp will co-market and help distribute this hemp brew nationally. In addition, Major Hemp will have the capability to market future hemp craft beers under the Major Hemp brand, or under private label for future customers interested in developing custom hemp craft brews. "We feel the market timing for a high quality hemp craft beer couldn't be better," stated President Ted Jorgensen. "As our relationship moves forward, we look forward to official partnership announcements in the near future."

About Sipp Industries, Inc.

Sipp Industries is a conglomerate corporation that specializes in technology, manufacturing and distribution of commercial and consumer products. For more information, please visit Facebook: Twitter: @SippIndustries

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