Henderson, NV / ACCESSWIRE / July 16, 2014 / The management of SIPC is providing this general business update as a supplemental information package or annual report.
The company is in the process of developing a line of Skin Care Products as well as some ingestibles containing high concentrations of CBDs.
Cannabidiol (CBD) is a naturally occurring constituent/cannabinoid which contains no THC. A medical marijuana license is not needed to purchase this product. 100% legal. No psychoactive effect.
These products have been proven to be effective in relieving symptoms in a variety of skin diseases and disorders such as pain and itching due to sunburn, insect bites, scrapes, minor burns and skin irritations and rashes due to poison ivy, poison oak, poison sumac and eczema. Lotions applied topically have also been shown to be very effective in giving joint pain relief, a very common ailment in our aging population.
The products will be manufactured and warehoused in California and we have reached a supply agreement with one of the premier medical marijuana grower-ops in the USA for the procurement of high quality CBD.
The company has a lot of experience in the field of direct marketing and intends to use their experience to its fullest to reach US consumers.
In other company news and events management is looking to sell and or diversify its self of the beverage business to be able to focus on the core marijuana business.
More news and updates will follow.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of SIPP Industries Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. SIPP Industries Inc. cautions you that any forward-looking information provided by or on behalf of SIPP Industries Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SIPP Industries Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SIPP Industries Inc.'s control. In addition to those discussed in SIPP Industries Inc.'s press releases, public filings, and statements by SIPP Industries Inc.'s management, including, but not limited to, SIPP Industries Inc.'s estimate of the sufficiency of its existing capital resources, SIPP Industries Inc.'s ability to raise additional capital to fund future operations, SIPP Industries Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SIPP Industries Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SIPP Industries Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
SOURCE: SIPP Industries