- LiveWire
CEO provides progress report for development of first-ever ‘Estate-Grown
Weedery’ in California
- Estrella
Weedery will serve as company’s central hub for all Livewire operations
LiveWire
Ergogenics Inc. (OTC: LVVV) is a health and wellness company with a
focus on special purpose real-estate acquisitions and the licensing and
management of high-end and permitted facilities for the production of
cannabis-based products and services in California. In its flagship facility in
Paso Robles, LiveWire continues to spearhead research, cultivation and
commercialization in the cannabis space.
Recently, LiveWire’s CEO Bill Hodson outlined the company’s
creative business model in an exclusive interview with NetworkNewsAudio (NNA).
Joined by NNW’s Stuart Smith, Bill Hodson, CEO of LiveWire,
explained the reasoning behind LiveWire’s recent acquisition of the scenic 265-acre
Estrella Ranch in Paso Robles, California (http://ibn.fm/hXiox). In the interview Mr. Hodson compared
the business model for the newly acquired ranch to that of a winery and the
buildout of the space as a vertically integrated property that includes a wide
variety of cannabis related activities such as cultivation, extraction and
testing special events and the development of a high-quality brands and more,
all in one location.
More than five years ago, LiveWire began testing the
CBD/Cannabis market. Now the company keeps expanding its position in the
multibillion-dollar industry and continues to increase its statewide
distribution for its subsidiary’s statewide distribution network (http://ibn.fm/STYua) via a
permit from the California Bureau for Cannabis Control.
With LiveWire’s purchase of the Estrella Ranch property, the
company has taken the next step in establishing itself as one of the leading
and legal cannabis firms in the State. The site contains multiple residences
along with equestrian facilities, and other structures that will be seamlessly
transformed into the world’s first ‘EstateGrown Weedery’. The enormous
potential of this exceptional site includes room for both indoor and outdoor
cultivation. LVVV is in the advanced stage of forming partnerships with third
party operators to begin operation on the Ranch and has made significant
progress in the required buildouts. Livewire also plans to eventually transform
a portion of the ranch into a cannabis-related wellness and educational
retreat.
In the NetworkNewsAudio interview, LiveWire’s CEO explains
how the company’s new property has the power, infrastructure, water supply and
ideal micro-climate to produce high-end products. The ranch is poised to become
LiveWire’s central location, which will eventually house the company’s many
operations. By doing their due diligence with legal and environmental research
as well as securing all necessary permits, LiveWire team members feel that the
wheels are in motion as they continue to take exciting steps forward in the
health and wellness industry.
For more information, visit the company’s website at www.LiveWireErgogenics.com
NOTE TO INVESTORS: The latest news and updates
relating to LVVV are available in the company’s newsroom at http://ibn.fm/LVVV
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