LiveWire Ergogenics (OTC: LVVV), 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 and operations to
provide cannabis-based products and services in California, on Tuesday
announced its entry into a definitive agreement with QDG Agricultural (“QDG”),
an experienced and highly specialized cannabis production company, to begin
construction for operation at its Estrella Ranch facility in Paso Robles,
California. “With the demand for pure, organically grown and thoroughly tested
cannabis products growing rapidly, we anticipate the handcrafted product that
will be grown at our California ranch to become the most sought-after premium
cannabis in the industry,” LiveWire CEO Bill Hodson stated in the news release.
“Our vision of an ‘Estate Grown Weedery’ producing the finest family of branded
cannabis in California is beginning to come to fruition as evidenced with this
agreement. Further, we are planning to expand on our craft-grow business model
by consequently marketing the appellation concept to differentiate our products
and operating as a sustainable family-style local farm, two factors that are
unparalleled in the industry. We truly believe that our first strategic partner
QDG represents an ideal and highly experienced group of experts to get our
Estrella Weedery operation off the ground successfully. Based on current market
conditions, considering licenses and a successful ‘proof of concept’ during
phase 1, this property could generate over $25 million a year with revenues to
increase once operating at full cultivation capacity.”
To view the full press release, visit http://ibn.fm/EvO3D
About LiveWire
LiveWire Ergogenics, Inc. (LVVV) specializes in identifying
and monetizing current and future trends in the human and veterinary health and
wellness industry. The Company is focused on acquiring, managing and licensing
specialized “closed loop” turnkey cannabis real estate locations of fully
compliant and permitted turnkey facilities to produce cannabis-based products
and services in California and the state-wide distribution of these products.
This includes verification of zero pesticide products for quality brands via
its “7X Pure” Cannabis Verification System, the development, licensing and
distribution of legal and high-quality cannabinoid-based products and services
and the creation of the high-quality “Estrella Weedery” brand. LiveWire
Ergogenics does not produce, sell or distribute products that are in violation
of the United States Controlled Substance Act. For more information, please
visit: 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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