LiveWire Ergogenics Issues Purchase Order for Four Greenhouses to Expand Cannabis Operations in Coachella, California
March 08 2018 - 9:00AM
InvestorsHub NewsWire
LiveWire Ergogenics Issues Purchase Order for Four Greenhouses to
Expand Cannabis Operations in Coachella,
California
Anaheim, CA -- March 8, 2018 --
InvestorsHub NewsWire -- LiveWire Ergogenics, Inc.
(OTC: LVVV) having just obtained
a cannabis cultivation / nursery permit from the City of Coachella,
California announced today that it has issued a purchase order to
buy four greenhouses from GreenGro Technologies (OTC: GRNH). LiveWire Ergogenics
is a company focused on product development, acquisition and
management of legal, fully controlled and contained turnkey
production facilities for cannabis-based products and
services.
LiveWire’s greenhouse facilities will be built
to house a variety of cannabis strains, which the firm’s
horticulturists will develop and grow for its clients. Each of the
self-contained greenhouses is approximately 3,600 square feet,
state-of-the-art and fully climate-controlled. As such, these
greenhouses are key elements of LiveWire’s strain development
strategy.
“Our initial GreenGro greenhouse has performed
very well,” states Bill Hodson, LiveWire’s CEO, “and we have made a
commitment to buy four more units now for the Coachella property.
This added space will enable us to expand our clone vault and
genetics, and provide more opportunities for us to develop the
cannabis strains which are crucial to capturing market
share. Our commitment is to ensure 7X purity in every plant
and strain that we produce.”
Installation of the greenhouses will begin in
the second quarter of 2018. With these initial facilities, LiveWire
will become a key player housing nursery/cultivation for the
Coachella Brands property. These greenhouses will be used for
LiveWire’s own propriety strains as well as contracted cultivation
agreements.
LiveWire Ergogenics plans to secure additional
permits and licenses in order to pursue its plan to establish
cannabis projects throughout the state of California. Operations
will be conducted under a newly formed subsidiary, GHC
Ventures.
For
more information about LiveWire Ergogenics, visit http://www.livewireergogenics.com. For non-material
updates, follow LiveWire Ergogenics on Twitter
@livewireLVVV.
About LiveWire Ergogenics,
Inc.
LiveWire Ergogenics, Inc. (LVVV) specializes in identifying
and monetizing current and future trends in the health and wellness
industry, including the design and establishment of legal, fully
controlled and contained cannabis production environments. To
further this agenda, the Company is entering into select 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 the development and licensing of high-quality
cannabinoid-based products and services, the cloning of cannabis
strains to produce positive medicinal results and the dosing
verification of zero pesticide products for quality brands via its
“7X-Pure Dosage and Verification System”. The team at LiveWire
Ergogenics has a passion for research and advanced product
development and is committed to generating and implementing
innovative ideas to produce high-quality products that satisfy an
increasing demand in this fast-growing
industry.
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
or services. 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.
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
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