Sipp Industries Signs New Beverage Distribution Agreement with Nirvana Wholesale for Major Hemp Delta-8 Beverages
Sipp Industries (OTC Pink: SIPC) announced its partnership with Nirvana Wholesale to distribute a new line of Delta-8 infused beverages under the Major Hemp brand, launching on April 20, 2022. The initial distribution will target over 100 vape and smoke shops in the Houston area, with plans for expansion throughout Texas. The Major Hemp Delta-8 beverages come in 16oz bottles containing 100mg of Delta-8, offering improved bioavailability. The global tea market is projected to increase from $200 billion in 2020 to $318 billion by 2025, positioning Sipp Industries for potential growth.
- Partnership with Nirvana Wholesale for Delta-8 beverage distribution enhances market presence.
- First order received, indicating initial demand for the product line.
- Delta-8 beverages expected to capture a share of the growing $318 billion tea market by 2025.
- None.
Company set to resurrect Major Hemp brand on 4/20 with immediate distribution in Texas
COSTA MESA, CA, April 20, 2022 (GLOBE NEWSWIRE) -- Sipp Industries, Inc. (OTC Pink: SIPC), a multifaceted corporation specializing in manufacturing, and distribution of commercial and consumer products in the cannabis industry, announces it has come to terms with Nirvana Wholesale (“Nirvana”) to distribute a new line of Delta-8 infused beverages under the legacy Major Hemp brand.
Nirvana Wholesale is based in Tulsa, Oklahoma and distributes products to over 1,000 vape and smoke shops nationally. Over the past several weeks, Sipp Industries has worked on beverage formulations with Nirvana utilizing its proprietary nano emulsion processes to develop a new line of Delta-8 infused beverages. With its successful development, Nirvana placed their first order that will be shipped initially to the Houston area targeting over 100+ vape and smoke shop retail locations. Additional regions in Texas are also expected to place initial orders.
Delta-8 THC (Delta-8-tetrahydrocannabinol) is a naturally occurring chemical compound that is found in small traces of hemp and cannabis (marijuana) plants. Delta-8 is typically used to calm nausea, boost appetite, relieve pain, boost mental health, while producing a euphoric and relaxed state. Delta-8’s popularity is on the rise. Its products can be found anywhere from convenience stores and gas stations to cannabis dispensaries and various online distributors.
Major Hemp Delta-8 comes in 16oz bottles including 100 milligrams of Delta-8. Major Hemp’s Delta-8 is nano emulsified which provides superior bioavailability and quicker onset of effects. The initial launch will include two flavors of Lemon Sweet Tea and Fruit Punch with additional flavors planned.
After sampling Major Hemp Delta-8 formulations with various beverage applications it was determined tea was an ideal fit for Delta-8 infusions. The global tea market was valued at nearly 200 billion dollars in 2020 and expected to rise to over 318 billion dollars by 2025. Tea has a long history of popularity worldwide and can be found in nearly
Interim CEO, Jakob Jorgensen stated, “We have worked relentlessly over the past month to develop the perfect Delta-8 beverage product for Nirvana and are thrilled to receive our first order. Our team is focused on ramping up manufacturing and look forward to capturing more customers throughout Texas and the greater South. We are laser focused on our large distribution orders which will build the foundation for our future growth.”
About Sipp Industries, Inc.:
Sipp Industries is a multifaceted corporation specializing in manufacturing and distribution of commercial and consumer products in the cannabis industry.
About Nirvana:
At Nirvana Wholesale we pride ourselves in maintaining a selection of the highest quality products available for your smoking needs. At our smoke shop in Tulsa, Oklahoma we offer glass pieces, pipes, vaporizers, e-juices, and much more. No matter what you’re looking for, we keep our shelves stocked, and we’re more than happy to help you.
Visit Nirvana Wholesale at 3408 E 11th St., Tulsa, OK and view our never-ending supply of new products and competitive prices. If you prefer to shop online, please create an account, await approval, and shop right here at www.Nirvana-Wholesale.com.
Website: http://www.sippindustries.com
Facebook: https://www.facebook.com/SippIndustries
Twitter: @SippIndustries
Forward Looking Statements:
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the Company and its management team.
Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management’s plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management’s control.
Contact:
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435
FAQ
What is the new product Sipp Industries is launching with Nirvana Wholesale?
When is the launch date for the Delta-8 beverages from Sipp Industries?
Where will the Delta-8 beverages be distributed initially?
How much Delta-8 is included in each bottle of Major Hemp beverages?
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