LiveWire Ergogenics Announces Approval of Cultivation License from CalCannabis for Coachella Nursery Operations
January 03 2019 - 9:00AM
InvestorsHub Cannabis NewsWire
LiveWire Ergogenics Announces Approval of
Cultivation License from CalCannabis for Coachella Nursery
Operations
Anaheim, CA
-- January 03, 2019 -- InvestorsHub NewsWire
-- LiveWire
Ergogenics, Inc. (OTC: LVVV) announced today that
its subsidiary GHC Ventures has been granted a Cultivation License
from CalCannabis, a division of the California Department of Food
and Agriculture to begin production in its high-tech Nursery Pod
facility in Coachella, California. LiveWire Ergogenics, Inc. is a
company focused on the acquisition, licensing and management of
special-purpose real estate properties and the development of
compliant turnkey production facilities for licensed cannabis-based
operations.
Bill Hodson, CEO of LiveWire stated, “We
had to jump through many hoops to get this done, but this is
a great way to kick-off the new year for the company and our
shareholders. As it was our
plan when we designed, built and constructed our self-contained
high-tech Pods, we are now able to commence with production
immediately, and based on the increasing market demand in
California, we are planning to significantly expand our operation
in Coachella. This is the first major step in the implementation of
our master plan to become the leading supplier of the highest
quality products and distribution services for the large-scale
cannabis growth industry in California.”
This cultivation license positions
LiveWire in a critical role in the legal cultivation of commercial
cannabis goods in the State of California, further empowered by the
statewide Cannabis Distribution License it has recently been
granted. As a first step in the implementation of LiveWire’s master
plan, operation in the Coachella facility will ensure all customers
receive only the finest 7X Pure Verified products.
LiveWire’s first high-tech and
self-contained Production Pod in Coachella is equipped with
dedicated air conditioning and decontamination units and is used
for the cloning, genetics development and research of proprietary,
high-quality and pesticide-free cannabis strains. The Company will
soon be launching a dedicated website for sales and additional
social media platforms to promote its Coachella
products.
CalCannabis Cultivation Licensing is a
division of the California Department of Food and Agriculture
(CDFA) and ensures public safety and environmental protection by
licensing and regulating commercial cannabis cultivators in
California. CalCannabis also manages the state's track-and-trace
system, which tracks all commercial cannabis and cannabis product;
from cultivation to sale.
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, licensing and
managing specialized turnkey cannabis real estate locations of
fully compliant and permitted turnkey facilities for the production
of cannabis-based products and services in California. The Company
is also establishing 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 dosing verification of
zero pesticide products for quality brands via its “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 Unites States Controlled Substance Act
and is only associated with companies that produce legally
compliant products.
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 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.
LIVEWIRE ERGOGENICS INC.
1600 North
Kraemer Blvd.
Anaheim, CA
92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET
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INVESTOR CONTACT
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Toll free:
877-964-6463
Direct:
858-264-6500
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