Business
LIVEWIRE ERGOGENICS ANNOUNCES APPROVAL FOR CANNABIS CULTIVATION IN CALIFORNIA
LIVEWIRE ERGOGENICS ANNOUNCES APPROVAL FOR CANNABIS CULTIVATION IN CALIFORNIA.
About this update from Livewire Ergogenics, Inc.
[{"type":"text","content":"\n Anaheim, CA, June 01, 2021 (GLOBE NEWSWIRE) -- LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring, managing, and licensing special purpose real estate properties conducive to produce high-quality, handcrafted and organically grown cannabis products for medical and recreational adult-use in California, today announced that its affiliate company Estrella River Farms (“ERF”) has received approval for its State license application for cannabis cultivation on historic Estrella Ranch in California. Bill Hodson, CEO of LiveWire and Managing Member of Estrella River Farms states, “Today, we are pleased to announce that ERF received approval for its initial acreage of outdoor cannabis cultivation and officially creates the world’s first Estate Grown Weedery ™ - the cultivation of organically grown, hand-crafted cannabis on a family style farm.” Estrella River Farms has received notification from CalCannabis Cultivation Licensing, a division of the California Department of Food and Agriculture that its State license application was approved for its location in Paso Robles California in the Central Coast of California. Hodson continues, “This rigorous process took about 20 months to complete and is a major milestone in the execution of our long-term business plan and will allow us to accelerate the implementation of our unique and sustainable business model. Estrella River Farms is now at what I consider, the finish-start line and will have plants in the ground immediately following the County’s final walk-through inspection.” Estrella River Farms applied for this first Medium-Outdoor license to be classified as Medicinal, because the State’s medical marijuana laws provide protection from Justice Department interference. As the legal environment continues to evolve, ERF will be in an ideal position to easily scale up cultivation to maximum capacity of the total available acreage, providing growth potential for years to come. The Company has already established multiple relationships with large distributors to enter into supply agreements, assuring immediate utilization of several well-established distribution channels. Hodson adds, “The application and compliance process is complex and time consuming, but the staff at San Luis Obispo County has been...