Cannabis Industry in Trouble or Levelling Out? ...

March 27, 2024

Cannabis Industry in Trouble or Levelling Out? We are on the Offensive – Part 2

No one said it would be easy. Well, quite a few people, cannabis experts, investors, and everybody who thought, “If you grow it, the money will flow,” did. Indeed, it did for a while, at least on paper, but then it did not anymore. Here is where the trouble started, and so many minor or large companies were unprepared. We have been preparing for this for several years. We are certainly ready.

 

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Bill Hodson, Livewire’s CEO, states, “If you have been following our past releases, we did not fall into this trap. Keeping you updated via our press releases and Social Media partner networks reveals LiveWire’s dedication to guiding our shareholders and potential investors through California’s often confusing legal cannabis market.  We moved ahead very cautiously in expanding our operation, realizing that we were involved in the complicated process of converting a wildly unconventional business into a transparent operation that satisfies all existing (and still changing) conditions. We continue on our path to prioritizing craft-style, sun-grown California cannabis with low overhead and building a consumer brand specific to the California market. Despite the well-known obstacles affecting the entire industry hindering rapid progress, companies that withstand the blows, navigate, and counterpunch effectively will seize the opportunities lying ahead.”

 

IN TROUBLED TIMES LIES OPPORTUNITY

 

Mr. Hodson continues:” We were always focused on building an operation that could sustain itself throughout troubled times and, at the same time, create value not only for our customers but also for our shareholders. We understand that it often seemed like a slow process and did not generate the share price expected by the market. Still, we have taken the intense experience of the last three years and have now, as we believe, reached a point enabling us to reap the benefits from this approach.

 

The LiveWire Estrella Weedery

Estrella Ranch is a historic ranch property in Paso Robles, the center of California wine country. Together with its subsidiary Estrella Ranch Partners, Livewire has transformed this stunning property into the world’s first “Estate Grown Weedery ™,” with three acres for cultivating high-end, organic, sun-grown cannabis products and ample room for expansion. Estrella Ranch is the central hub for all Livewire operations in California. The Estrella “Estate Grown Weedery” cultivation process focuses on the cost-effective production of the best quality organic-style cannabis in California while generating the smallest possible carbon footprint using as few of California’s energy resources as possible. Visit https://estrellariverfarms.com.

 

About LiveWire Ergogenics Inc.

Livewire focuses on acquiring, managing, and licensing well-qualified cannabis real estate locations of fully compliant facilities to produce exceptional cannabis-based products for statewide distribution in California. This includes developing and licensing organic-style grown cannabinoid-based specialty products and services to create the high-quality “Estrella Weedery” brand. These products are cultivated by Livewire’s subsidiary/affiliate companies, Estrella Ranch Partners and Estrella River Farms, and distributed by major California cannabis distributors and retailers. LiveWire Ergogenics does not produce, sell, or distribute products that violate the United States Controlled Substances Act.

For more information about LiveWire Ergogenics, visit www.livewireergogenics.com. Follow LiveWire Ergogenics on Twitter @livewireLVVV or go to www.stockwatchindex.com/livewire-ergogenics for non-material updates.

 

Forward-Looking Statements. This release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements, predictions, and projections are inherently uncertain as they are based on current expectations and assumptions concerning the successful execution of planned events or the Company’s general future performance. Readers are cautioned not to rely on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should carefully review various risks and uncertainties identified in this release, the Company’s Social Media postings, and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

LIVEWIRE ERGOGENICS, INC
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET AWARENESS
Stockwatchindex, LLC
442-287-8059
www.stockwatchindex.com
info@stockwatchindex.com
LIVEWIRE INVESTOR RELATIONS
Tristan Cavato
(805) 835-2415
ir@livewireergogenics.com
info@livewireergogenics.com

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