LiveWire Ergogenics Reports Financial Results for Q2 2024

Anaheim, CA, August 26, 2024 — LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring, managing, leasing, and licensing special-purpose real estate properties and operations conducive to producing high-quality, handcrafted, and sun-grown cannabis specialty products for medical and recreational adult use in California, today announced financial results for the second Quarter 2024, producing the tenth sequential profitable quarter.

During the quarter ending June 30, 2024, and 2023, sales amounted to $84,718, and net income to $41,259 due to the reporting period being a non-harvest period and accordingly generating lower revenue in management and licensing fees. Nevertheless, the company has now generated ten consecutive profitable quarters since the first quarter of 2022.

The Company expects the 3rd and 4^th quarters of 2024 to reflect significantly improved financial results related to the broader distribution of products from the current harvest and market entry of a range of new and unique retail products currently readied for distribution by its affiliate company Estrella River Farms. Accordingly, higher management, marketing, and licensing fees will generate higher revenue for Livewire. The company’s free cash flow and new investments are consistently reinvested in operations to improve performance for 2024 and 2025. Our current assets exceeded our liabilities by $3,113,731.

Bill Hodson, CEO of LiveWire Ergogenics, states, “While our revenues for Q2 2024 were low, because the second quarter 2024 falls into a non-harvest by our affiliate company Estrella River Farms (“ERF”), impacting our management and licensing fees, we were still able to generate a net profit, a streak of ten consecutive profitable quarters. We continue to focus on running an operation with the lowest possible overhead and reinvesting all cash generated back into operations to facilitate the marketing of the best sun-grown cannabis in California and facilitating the introduction of branded products for Estrella River Farms. It is our duty to accelerate new retail product development for our affiliate with higher sales prices and profit margins and maximize efficiency with an outlook to improve financial performance for 2024 significantly.”

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 sun-grown cannabis in California while generating the smallest possible carbon footprint using as few of California’s energy resources as possible. Visit https://estrellariverfarms.com

We are on the Offensive – Always

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 sun-grown 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.

 DISTRIBUTORS AND DISPENSARIES
FOR SALES AND DISTRIBUTION INQUIRIES OF ESTRELLA RIVER FARMS PRODUCTS
PLEASE EMAIL INFO@LIVEWIREERGOGENICS.COM

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