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LiveWire Ergogenics Signs Letter of Intent to Acquire Interest in California Licensed Cannabis Manufacturer Mojave Jane, LLC.
LiveWire Ergogenics Signs Letter of Intent to Acquire Interest in California Licensed Cannabis Manufacturer Mojave Jane, LLC..
About this update from Livewire Ergogenics, Inc.
[{"type":"text","content":"\n\n Anaheim, CA, May 02, 2018 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV), a company focused on special purpose real estate acquisitions, the licensing and management of fully compliant turnkey production facilities for cannabis-based products announced today that it has signed a Letter of Intent with Mojave Jane, LLC, a licensed and legal manufacturer of premium cannabis extracts and concentrates for the California market. \n According to the LOI, LiveWire Ergogenics, through its wholly owned subsidiary GHC Ventures, has been granted rights as the Master Distributor for all Mojave Jane products. LiveWire will also acquire a minority equity interest in Mojave Jane in an all-stock transaction and be granted a seat on the company’s Advisory Board. Livewire has agreed to a 12-month option to acquire 100% of Mojave Jane, LLC. “This Master Distributorship for Mojave Jane’s entire product line will allow LiveWire to generate significant top line revenue for the companies,” states LiveWire CEO Bill Hodson. “Acting as the Master Distributor will allow the two corporate teams to get well acquainted with each other and provide both parties with the opportunity to conduct thorough due diligence to enter into a final agreement.” Gary Latham, one of the Managing Members of Mojave Jane adds, \"LiveWire Ergogenics has assembled an impressive team of experts and is executing on a solid strategy and plan.  We believe that LiveWire is on the path to be a market leader and is a great platform for market penetration and sales in the legal cannabis market. We are very excited to partner with LiveWire and drive value to all of our respective businesses.” About Mojave JaneMojave Jane, LLC is a licensed and legal manufacturer of premium cannabis extracts and concentrates for the California market.  Based in Coachella, CA, Mojave Jane utilizes state of the art CO2 extraction technologies, organic and pesticide free materials and advanced distillation techniques to create an array of products for both recreational and medical cannabis users.     About LiveWire Ergogenics, Inc.LiveWire Ergogenics, Inc. (LVVV) specializes in identifying and monetizing current and future trends in the health and wellness industry. The Company is focused on acquiring and licensing specialized t...