Business
Naturally Splendid Provides Expanded Distribution Update of HempOmega™ Infused Beers
Naturally Splendid Provides Expanded Distribution Update of HempOmega™ Infused Beers.
About this update from Sipp Industries, Inc.
[{"type":"text","content":"\nVANCOUVER, British Columbia, Dec. 13, 2018 (GLOBE NEWSWIRE) -- Naturally Splendid Enterprises Ltd. (“Naturally Splendid” or “NSE” or “The Company”) (TSX-V:NSP) (OTCQB:NSPDF) (Frankfurt:50N) is pleased to provide the following highlights with respect to expanded distribution of Sipp Industries, Inc. (“Sipp”) (OTC: SIPC) HempOmega™ infused Major Hemp H-IPA beer.\n On October 24, 2018, Naturally Splendid announced an Exclusive Sales Agreement with Sipp which granted Sipp limited exclusive rights to purchase HempOmega™ for use as a beer beverage additive in its Alcohol Tobacco Tax Trade Bureau (“TTB”) approved hemp beer recipe, and to sell its TTB approved hemp beer recipe to third party beverage companies, in Colorado and Illinois on an exclusive basis pending meeting certain volume and activity levels. Naturally Splendid is pleased to advise that in October 2018, Sipp launched its hemp IPA beer, Major Hemp H-IPA, in cans.  Sipp has now signed a definitive distribution agreement with Wein-Bauer, Inc. to distribute the newly launched premium craft beer containing HempOmega™. Wein-Bauer, Inc. operates with a primary distribution center just outside of Chicago and boasts regional offices on both coasts, including partnerships with brokers in key states which Sipp indicates will enable Major Hemp H-IPA to expand nationally. The two companies are currently working together to fine tune distribution and marketing strategies. Additionally, Sipp has won the approval of Binny’s Beverage Depot for the placement of Major Hemp H-IPA in all 40 store locations in the USA.  Binny’s Beverage Depot is the largest independently owned liquor store in Illinois, attaining over $300 million in annual sales across 40 locations. Binny’s Beverage Depot continues to open new stores throughout Illinois and has plans for broader expansion throughout the Midwest. Sipp continues to add new locations weekly around the greater Chicago area. In addition to Binny’s Beverage Depot, Major Hemp H-IPA is currently being sold at other well-known liquor stores including Leo’s Liquors locations, Kenwood Liquors, Sunset Foods, Antioch Fine Wine & Liquor, Joe’s Beverage Warehouse, and the first Armanetti Beverage Mart, a chain consisting of ...