LiveWire Ergogenics Subsidiary GHC Ventures Enters into
Distribution Agreements with
Two Leading
California Cannabis Manufacturers
Anaheim,
CA -- April 2, 2019 -- InvestorsHub NewsWire
-- LiveWire
Ergogenics, Inc. (OTC: LVVV), announced today that
its subsidiary, GHC
Ventures, has entered into
two
new statewide
distribution agreements with leading California specialty cannabis
manufacturers, Under Pressure Extracts and Uptown
CannaCo. These agreements
significantly
expand the
size and reach of LiveWire
Ergogenics' distribution network
throughout California.
The
California
cannabis market itself is expanding rapidly,
and
manufacturers need a distribution partner that can quickly and
efficiently get their product to market. As consumer preferences
change frequently,
product
pricing, time to market
and access to
a large number of retailers across California
is
paramount.
GHC
Distro, GHC Ventures'
distribution
arm, has a consumer-driven
market
approach,
which benefits retailers as well. Through GHC
Distro, retailers
gain
access to a
wide range of new
high-end
cannabis products,
all serviced through the solid and reliable
GHC
supply chain
and distribution network.
"With these
agreements we are providing the platform
for our
partners to legally distribute their products throughout
California" states Bill Hodson, CEO of
LiveWire Ergogenics, Inc. "As we build
out
a portfolio of
hundreds of products that will be
available for GHC distribution into the
retail
market,
we are privileged
to add
the products
of these
well-established and recognized
manufacturers to the GHC Distro's product roster for
distribution through our California network. This will help accelerate
the expansion
of our statewide distribution
model and support our stated goal to become one of the first
vertically-integrated cannabis
operations in California."
Contracted
manufacturers
will be
supported by
LiveWire's branding and marketing, GHC's track-and-trace operation for the
manufacturers' qualifying products and
utilization of GHC's licensed
distribution
facilities in Coachella, California, providing an opportunity
to expand their business.
By
opening
GHC Ventures' California cannabis distribution network to
manufacturers that pass LiveWire's
stringent
legal and environmental qualification process, the Company
provides a
large and solidly-structured legal
distribution network for all qualifying California manufacturers.
LiveWire intends to accelerate
the expansion of this business model with new facilities and new
partnerships currently under
negotiation. The Company is actively
seeking to work with licensed operators who are enthusiastic and
qualified to ensure the delivery of high-caliber and legal cannabis
products for the fast-growing California medical and recreational
cannabis markets.
Under
Pressure Extracts is a
family-owned and
operated
licensed cannabis
cultivation
and
distribution facility based
out of Desert Hot Springs, California. Producing
indoor grown cannabis in a clean, controlled environment
with four flowering rooms, the Company can deliver fresh cannabis
and related products on a constant two-week basis to the
LiveWire distribution
network.
Uptown
CannaCo is a
California-based company founded on
the simple notion that cannabis is and will always remain an
important and effective plant for a multitude of medical and
recreational applications.
Uptown CannaCo's
products are
lab tested, 100% organic and free from
pesticides,
with a focus
on consistent
and precise dosing. The
Company believes that the highest quality cannabis concentrates on
the market start with its proprietary extraction
process. This process is
designed to
activate the medical properties of each customized strain mixture
and, by using organic
cannabinoids and terpenoids in each of its products,
focused on unlocking the most
therapeutic combinations of strains for potent,
highly-specific
effect.
For more
information about LiveWire Ergogenics, visit
www.livewireergogenics.com, follow LiveWire Ergogenics on Twitter
@livewireLVVV, or download a research report at
stockwatchindex.com/livewire-ergogenics
About
LiveWire Ergogenics, Inc.
LiveWire
Ergogenics,
Inc. specializes in identifying and monetizing current and future
trends in the health and wellness industry, with a focus on the
cannabis sector. The Company acquires, manages and licenses
specialized real estate locations for fully compliant and permitted
turnkey facilities to produce cannabis-based products and services
in California. The Company is also entering into 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.
This includes dosing verification of zero pesticide products for
quality brands via the Company's "7X
Pure" Cannabis Dosing and Verification System, and development and
licensing of legal, high-quality cannabinoid-based products and
services. LiveWire Ergogenics does not sell or distribute products
that are in violation of the United
States
Controlled Substance Act.
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, systems or services. Such forward-looking statements are
projections, are not meant to guarantee
results and actual results 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 changes in government regulation in the
cannabis industry, the denial of new permit applications or the
withdrawal of any existing permits, existing or increased
competition, results of arbitration and litigation, stock
volatility and illiquidity, and the Company's failure in general to
implement its business plans or strategies. The Company assumes no
obligation to update any forward-looking statements to reflect any
event that may arise after the date of this release.
LIVEWIRE ERGOGENICS INC.
1600 North
Kraemer Blvd.
Anaheim,
CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
INVESTOR CONTACT
EquiNet,
LLC
Toll free:
877-964-6463
Direct:
858-264-6500
MARKET AWARENESS
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LLC
www.stockwatchindex.com
info@stockwatchindex.com