Business
LiveWire Ergogenics Announces Final Approval to Operate a Commercial Cannabis Business in the County of San Luis Obispo California
LiveWire Ergogenics Announces Final Approval to Operate a Commercial Cannabis Business in the County of San Luis Obispo California.
About this update from Livewire Ergogenics, Inc.
[{"type":"text","content":"\n Anaheim, CA, July 06, 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 its final \"Approval to Operate\" letter from the County of San Luis Obispo, California. This approval authorizes the operation of a commercial cannabis business as conditioned and licensed on the historic Estrella Ranch in Paso Robles, California. The \"Approval to Operate\" letter was the final confirmation required from the County to begin cultivation, and plants can now go in the ground. The official letter is the end of a nearly 2-year difficult journey to navigate the complex and time-consuming County and State legal and environmental compliance process. Bill Hodson, CEO of LiveWire and Managing Member of ERF states,\"Our teams have built an outstanding facility at Estrella Ranch. Their experience, hard work, and dedication was essential in securing the license for the initial acreage of outdoor cannabis cultivation and to bring to life the world's first 'Estate Grown Weedery™.' ERF can now officially begin cultivating the highest quality, organically grown, handcrafted cannabis on a family-style farm in the most beautiful setting in the Central Coast of California, surrounded by hundreds of the finest wineries in the Country.\" \"The rigorous and costly application and evaluation process took about 20 months to complete, and its successful conclusion is the most significant milestone so far in the execution of our long-term business plan. While we consider this just the beginning of our journey, this final approval will allow us to accelerate the implementation of our business plan on Estrella Ranch. While plants are being prepared to go in the ground as you read this, LiveWire is continuing its responsible strategy to accelerate growth and generate revenue and profits for its shareholders for years to come,\" concludes Hodson. About Estrella Ranch Estrella Ranch was previously owned by the King of Morocco and later by the eldest grandson of William Randolph Hearst. It is now considered the crown jewel of C...