SANTA MONICA, Calif., Oct. 11, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE, LLC – Wanderport Corporation (OTC Markets: WDRP), a premier manufacturer and distributor of food, beverages and consumer products made with hemp, is pleased to announce an update for its alcohol beverage initiatives.
From a strategic partnership with Elite Beverage International (EBI), the Company introduces a line of alcohol beverages that is immediately available for worldwide distribution. Initial focus will be on a line of award winning Comisario Tequila.
The Comisario Tequila line consists of three flavors, mixable Blanco and aged expressions Reposado and Añejo. All flavors have competed and won various awards at the Ultra-Premium Category. The demand and sales for these premium Tequila have been strong with new distributors and accounts secured on a rapid basis.
Elite Beverage currently work with a wide network of distributors including Empire Distributors, a Warren Buffet owned company, Tri-Vin Imports (NY, NJ, CT), Breakthru Bev (currently in 18 states) and many others. Breakthru is in the process of merging with RNDC which will result in a footprint of over 35 states. EBI is also in talks to become a supplier to the third largest US alcohol beverage wholesaler, Youngs Market, who is California based and in 14 markets.
Comisario Tequila has been endorsed by several celebrities. The products are currently available at selected Costco stores, MGM Resorts and over 100 establishments in the US and Mexico.
Interest and demand for premium tequilas have been on rise with major multinationals spending large sum on acquisitions such as Patron - $5.1B, Casamigos - $1B, Herradura - $786M.
Wanderport owns a minority equity stake of Elite Beverage and is working to open new markets for EBI in Asia. The Company is also working with EBI on leveraging its wide network of distributors to sell Hemp Brown Ale and Hemp IPA craft beers from its partner, Sipp Industries (OTC Markets: SIPC). Plans are in the work for all three companies to cross sell each other’s products in the near future.
The Company also restarted its Coffee Beer initiative with a craft brewery in Southern California to establish its initial local footprint. Wanderport will also collaborate with Sipp Industries to evaluate the feasibility of producing another hemp beer from the California or West Coast region.
All domestic and international distributors who wish to distribute Comisario or craft hemp beers are welcome to contact the Company at info@wanderportcorp.com.
“Due to past unclear regulations regarding hemp and CBD, we have temporarily put a few initiatives on hold,” stated Liliana Vo, Wanderport’s President and Interim CEO. “With the pending passing of the Farm Bill, we are refocusing our efforts on hemp CBD related products. We have also been working on other wellness related initiatives to expand our revenue streams and plan to provide additional details in the near future,” added Vo.
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 hemp beer, high quality and competitively priced hemp-based products, bulk hemp, CBD supply, co-packing and private labeling services.
For more information, please visit http://www.sippindustries.com
About Elite Beverage International
Elite Beverage International is a sales and importing company with a focus on the Spirits and Wine business with offices, personnel and joint ventures in various countries worldwide.
The company’s flagship item, Comisario Tequila, is one of the highest-awarded tequilas, winning USA and international competitions winning multiple Gold and Double-Gold medals, Best of Class, Tequila of the Year, 98-point ratings and ranked #2 Blanco and #3 Añejo in the “World Spirits Competition”.
Other products include premium Sensi Italian Tuscany wines, DeRibas sparkling wines and Henebery Rye Whiskey.
For more information, please visit: https://www.elitebeverage.net
About Wanderport Corporation
Wanderport Corporation is a premier manufacturer and distributor of food, beverages and consumer products made with hemp. Its premium quality 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.
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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 company’s 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 management’s 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:
Liliana Vo
ir@wanderportcorp.com
(310) 526-8720