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.”
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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.
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