“The opening of the new regional office in downtown Colorado Springs is an important strategic step for the expansion of Major Hemp in Colorado,” stated Major Hemp President Ted Jorgensen. “We are currently in discussions with local Colorado hemp farmers for distribution of their domestically grown hemp fiber, seed and bulk CBD. The availability to work literally ‘on the farm’ with our partners will give Major Hemp an immense advantage as the business scales up in production,” added Jorgensen.

Sipp Industries would like to update shareholders on the continued progress of its Major Hemp subsidiary:

Major Hemp is launching a new hemp brand to penetrate the growing pet and animal market with an initial focus on the equestrian and horse racing segments. The Company believes the equestrian market for hemp and CBD products offers one of the most lucrative and highest-growth potential markets. Major Hemp will market hemp products that are specifically designed for equine diets including hemp oil, pellets, protein and flour. The official announcement by the Company is forthcoming.

The Company is finalizing details with a second local Colorado brewery to produce a hemp beer. Major Hemp has supplied hemp seeds and will be co-marketing and hosting an event with a tentative launch date set in April. Further details on this hemp beer partnership and progress will be formally announced by the Company once finalized.

This month, Major Hemp plans to announce the entry into the cannibidiol (CBD) market as a bulk CBD distributor and marketer of water-soluble CBD technology. The Company plans to exclusively service U.S. domestically grown hemp and CBD extracts with a focus in the state of Colorado. Major Hemp is close to signing a formal agreement to distribute Colorado grown bulk CBD. In addition, the Company is finalizing details with a partner to co-market and distribute revolutionary water-soluble CBD technology and products. Major Hemp plans to market this technology and bulk CBD to functional beverage manufacturers.

“This is an exciting time for Sipp Industries and we look forward to keeping our shareholders updated on company progress and business direction,” stated Chief Executive Officer Syman Vong.

About Sipp Industries, Inc.

Sipp Industries is a conglomerate corporation that specializes in technology, manufacturing and distribution of commercial and consumer products. Through its wholly owned subsidiary, Major Hemp, the Company provides high quality and competitively priced bulk hemp, CBD supply, co-packing and private labeling services.

For more information, please visit https://www.sippindustries.com. Facebook:https://www.facebook.com/SippIndustries Twitter: @SippIndustries