Wanderport Corporation to Introduce Hemp Tea and Single Serve
Coffee
SANTA MONICA, CA -- September 13, 2017 -- InvestorsHub NewsWire
-- Wanderport Corporation (OTC
Markets: WDRP), is pleased to announce that the company will be
expanding its industry footprint with the addition of a quality
line of hemp infused tea selections. Launching the product line
with an initial two to three flavors, management plans to deliver
top quality specialty hemp and CBD blends to the robust market of
tea consumers.
As the second most widely consumed beverage worldwide,
approximately 1.5 million pounds of tea is consumed in the US every
day, creating a demand to import an average of 540 million pounds
of tea to the US annually. This segment of the beverage industry is
projected to reach $19 billion in the US by 2020.
When combined with forecasts for CBDs projected growth, it
becomes evident that the premium infused tea sector of our
operation has tremendous potential for significant growth, while
single serving sized specialty coffee selections bring our distinct
hemp and CBD coffee blends to a substantial convenience driven
segment of the coffee industry, stated Ty Cha, CEO of Wanderport
Corporation.
Forbes.com recently reported that "The
Hemp Business Journal had estimated that the CBD market will
grow to a $2.1 billion market in consumer sales by 2020 with $450
million of those sales coming from hemp-based sources, a 700%
increase from 2016.
With an estimated 25% of United States households owning single
serve coffee brewers, management has high expectation for how this
singular serving size sector can thrive. Wanderports current
premium line of Sapa Coffee hemp blends include Colombian,
Colombian Decaf, Italian Roast Espresso, French Vanilla and
Hazelnut flavors. The specialty CBD coffee line consists of
Colombian, Colombian Decaf, and Italian Roast Espresso flavors,
with 300mg of CBD per 12 oz bag.
Recently the Company announced that demand continues to
strengthen for Wanderport, with considerable gains in retail order
flow both on and offline. The Company hemp and CBD coffee blends
continue to gain acceptance, fueled by growing momentum from
re-occurring sales coupled with broadening dispensary and retail
distribution. Orders from Amazon and other online shops have
resulted in a steady increase in sales.
For the near future, the Company plans to expand its current
product line with premium hemp and CBD food & beverage
selections, nutritional supplements, and a top-quality line of body
care products.
The Company has initiated a collaboration effort with its
partner Sipp Industries (OTC
Markets: SIPC) on a beverage and will update all shareholders
as material progress is made.
About Sipp Industries, Inc.
Sipp Industries is a multifaceted 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 hemp
based products, bulk hemp, CBD supplies, co-packing and private
labeling services.
About Wanderport Corporation
Wanderport Corporation is a premier distributor of food,
beverages and consumer products made with hemp. Its premium quality
hemp coffee blends are currently being sold in a growing number of
grocery stores and small businesses in the Southern California
territory. Its products are also sold online at www.sapacoffee.com and www.amazon.com. For more
information, please visit http://www.wanderportcorp.com.
Sapa CoffeeTM Online Store: www.sapacoffee.com
Facebook: wanderportcorporation
Twitter: @wanderportcorp
Instagram: wanderportcorp
Forward Looking Statements:
Statements made herein constitute forward-looking statements
that involve risks and uncertainties that could cause actual
results to differ materially from those stated or implied by such
forward-looking statements. The potential risks and uncertainties
include, among others, potential volatility in the companys stock
price, increased competition, customer acceptance of new products
and services to be offered by the company, and uncertainty of
future revenue and profitability and fluctuations in its quarterly
operating efforts. Forward-looking statements are projections of
events, revenues, income, future economics, research, development,
reformulation, product performance or managements plans and
objectives for future operations. While these forward-looking
statements and any assumptions upon which they are based are made
in good faith and reflect current judgment regarding the direction
of the business operations of Wanderport Corporation, actual
results will almost always vary, sometimes materially, from any
estimates, predictions, projections, assumptions or other future
performance suggested in this press release.
Contact:
Wanderport Corporation
www.wanderportcorp.com
Investor Relations:
Sully Jacques
ir@wanderportcorp.com
(310) 526-8720