LiveWire Ergogenics Signs Final Agreement to Acquire Equity Interest in CA Licensed Cannabis Manufacturer Mojave Jane, LLC.
July 09 2018 - 9:00AM
InvestorsHub NewsWire
Anaheim, CA -- July 9, 2018 --
InvestorsHub NewsWire -- LiveWire Ergogenics, Inc. (OTC: LVVV), a company
focused on special purpose real estate acquisitions, licensing and
operation of fully compliant turnkey production facilities for
cannabis cloning, nursery and extraction operations, announced
today that it has signed a final Agreement with Mojave Jane, LLC, a licensed and legal
manufacturer of premium cannabis extracts and concentrates for the
California market.
According to the definitive Agreement, LiveWire
Ergogenics has acquired a minority equity interest in Mojave Jane
in an all-stock transaction with a 12-month option to acquire 100%
of the company. LiveWire has also been granted a seat on the
company’s Advisory Board, and through its wholly owned subsidiary
GHC Ventures, has been appointed a Master Distributor for all
Mojave Jane products.
“This agreement is an important component of our
master plan for the implementation of our expanded business model
and continued growth throughout California,” said LiveWire CEO Bill
Hodson. “The execution of the final agreement will allow the two
companies to get well acquainted with each other and combine the
experience of both management teams in their respective fields to
the advantage of both companies.”
Tom
Baird, one of the Managing Members of Mojave Jane said, “We are
truly excited to be working with Bill Hodson and the LiveWire
Team. In this industry we have found it critical to work with
professional and committed companies and LiveWire is a great
example. Through the mutual synergies we all bring to the
party; the whole is definitely greater than the sum of its
parts.”
About Mojave
Jane
Mojave 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. specializes in identifying and monetizing current and future
trends in the health and wellness industry. The Company is focused
on acquiring and licensing specialized turnkey cannabis real estate
locations to build and operate production facilities for legal and
high-quality cannabis products and services. The Company is also
establishing research partnerships to explore the application of
cannabinoid-based products to target specific ailments or
conditions with large “sufferer” populations for human and
veterinarian applications. The Company currently operates under two
permits for the cultivation and distribution of its products in
Coachella, California and does not sell or distribute any products
anywhere that are in violation of the United States Controlled
Substance Act. The Company will only work with or have ownership in
companies that are in complete compliance with Federal and State
laws and have the required permits to operate. The team at LiveWire
Ergogenics is passionate about implementing its unique business
model and producing high-quality and fully compliant products and
experiences that satisfy the fast-growing demand in the California
market and expand domestically as soon as Federal legislation
permits.
For more information
about LiveWire Ergogenics, visit http://www.livewireergogenics.com. For
non-material updates, follow LiveWire Ergogenics on Twitter
@livewireLVVV.
Download the Stockwatchindex Research Report at www.swiresearch.com/report-index
Forward-Looking
Statements
Any statements
contained in this press release that do not describe historical
facts may constitute forward-looking statements. Forward-looking
statements may include, without limitation, financial projections,
statements regarding the plans and objectives of management for
future operations, the development, regulatory approvals and
commercialization of the Company’s products, or any of the
Company’s other proposed products, systems, services or
partnerships. Such forward-looking statements are not meant to
predict or guarantee actual results and performance, events or
circumstances and actual events may differ considerably. Factors
that may cause actual results to differ materially from any
projections may include, without limitation, the Company’s
inability to obtain additional financing, delays in the development
of its products, the impact of significant new or changing
government regulation in the cannabis industry, existing or
increased competition, results of arbitration and litigation, stock
volatility and illiquidity, and the Company’s failure to implement
the Company’s business plans or strategies. The Company assumes no
obligation to update any forward-looking statements to reflect any
event or circumstance that may arise after the date of this
release.
this
release.
INVESTOR
CONTACT
EquiNet, LLC
Toll free: 877-964-6463
Direct: 858-264-6500
LIVEWIRE ERGOGENICS
INC.
1600 North Kraemer
Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET
AWARENESS
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www.stockwatchindex.com
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