Business
LiveWire Ergogenics Supports California’s Effort to Establish Organic Cannabis Certification Program
LiveWire Ergogenics Supports California’s Effort to Establish Organic Cannabis Certification Program.
About this update from Livewire Ergogenics, Inc.
[{"type":"text","content":"LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring special purpose real estate properties conducive to discovering and developing high-end organic cannabinoid products for the health and wellness industry, today announced its strong support for the California Department of Food and Agriculture’s “OCal Comparable-to-Organic Program” to establish clear guidelines and rules for a high quality organic cannabis program.The California Department of Food and Agriculture’s OCal Comparable-to-Organic ProgramThe California Department of Food and Agriculture (CDFA) is creating a cannabis program that will be comparable to the National Organic Program, the federal regulatory program that enforces strict national standards for organically produced agricultural products sold in the United States. California’s comparable-to-organic cannabis program will begin on January 1, 2021, and applicants will be required to hold a valid state cannabis license.Bill Hodson, CEO of LiveWire states, “Cannabis regulation in California is developing exactly as we expected and what we have been preparing for over the last two years. Not only did we do extensive environmental and legal research before choosing the ideal location for our model of a “family-farm” and handcrafted organic cannabis products at our Estrella Ranch property in Paso Robles California, but also finding the perfect partner for the grow operations, a partner who has the necessary experience and knowledge to operate under these strict conditions.”QDG Agriculture AgreementMr. Hodson continues,” We believe that our first strategic partner, QDG Agriculture, represents the ideal partner to get our vision of the world’s first Estate Grown Weedery off the ground successfully. QDG’s commitment to organic farming methods will position the project and the company perfectly, as we continue our commitment to build long-term shareholder value.”Under the terms of the agreement, LiveWire has partnered with QDG to design and construct a scalable grow facility at our Estrella Ranch to include all necessary build-outs required for operations on the property to cultivate and sell marketable cannabis strains as allowed per California Laws under a unique profit-sharing model between LiveWire and QDG. LiveWire will manage the real estate, complete all permitting processes and obtain and m...