Business
LIVEWIRE ERGOGENICS ANNOUNCES PURCHASE OF FIRST GREENHOUSE TO FURTHER STRENGTHEN POSITION IN RAPIDLY GROWING MULTI-BILLION DOLLAR MEDICAL MARIJUANA INDUSTRY
LIVEWIRE ERGOGENICS ANNOUNCES PURCHASE OF FIRST GREENHOUSE TO FURTHER STRENGTHEN POSITION IN RAPIDLY GROWING MULTI-BILLION DOLLAR MEDICAL MARIJUANA INDUSTRY.
About this update from Livewire Ergogenics, Inc.
[{"type":"text","content":"\n\n Anaheim, CA, Oct. 12, 2017 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC PINK: LVVV), a company focused on research partnerships, product development and commercialization of cannabinoid-based products, today announced that it has further expanded its activities in the multi-billion dollar medical marijuana industry following an acquisition of a 3,000 square-foot, fully equipped Greenhouse.\n “The purchase of this state of the art, fully climate-controlled Greenhouse is an important asset and a key element of our business strategy to capture significant market share in this rapidly expanding industry. It provides an important operational synergy with our current team of horticulturists and geneticists, as previously announced,” stated Bill Hodson, CEO of LiveWire Ergogenics. “The company is confident of a profitable operation based on the growing demand and increasingly favorable legal environment for cannabis in California and our proximity to cannabis-friendly Southern California regions.” “This first LiveWire Greenhouse will provide our horticulture experts a turnkey nursery facility to produce high quality, pesticide-free and clean genetic clones. The nursery is designed to produce over 75,000 medicinal-strain clones per month that will generate significant revenue for the operation.  LiveWire will provide crucial management and consulting services to the operation, as well as oversee the track and trace program,” concluded Hodson. LiveWire’s strategy includes acquiring and leasing turnkey properties, selling location specific compliance packages and offering financing solutions for select candidates in the cannabis industry. The LiveWire management team will guide our experts into a legal, profitable and sustainable business by crafting business plans, design revenue models and provide compliance notifications. LiveWire does not grow, harvest or distribute marijuana that violates any local, state or federal laws. About LiveWire Ergogenics, Inc. LiveWire Ergogenics, Inc. (LVVV) is focused on identifying and monetizing current and future trends in the health and wellness industry. The Company is focused on establishing research partnerships to explore the application of cannabinoid-based products to target specific ailments or conditions with a large “suffererR...