Anaheim, CA, August 22, 2023 — 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 organically grown cannabis specialty products for medical and recreational adult-use, sun-grown in California, today announces financial results for the second quarter of the year ending June 30, 2023. This is the sixth consecutive profitable quarter after generating a net profit for the entire year of 2022.

Q2 2023 Financial Highlights

• Net Profit in Q2, 2023 was $230,924, an increase of 26% compared to Q2, 2022

• Sales in Q 2, 2023, amounted to $363,518, compared to $463,313 in Q2, 2022

• Assets increased to $7,007,986, an increase of $736,083 in Q2 2022

• Our Assets exceeded our Liabilities by $2,510,310.

Bill Hodson, CEO of LiveWire, states, “As cannabis consumers have become more educated and demand ever-increasing quality, taste, convenience, and efficacy, the “Estrella Weedery” branded and private label sun-grown specialty products, cultivated on Estrella Ranch in Paso Robles, are passionately focused on meeting these demands. During the process of developing our beautiful Ranch into three initial acres of a high-quality cultivation area to grow the best sun-grown California cannabis, we have gathered an exceptional amount of priceless experience and assembled the best cultivation team in California to work the Estrella River Farms. LiveWire is ready to move into the next stage of performance as a public company in a complicated yet still very promising industry.”

Mr. Hodson continues, “Our strict implementation of a low-overhead, high-quality products, and highly efficient business model has now put us in a position for improving our financial performance, with most of the results generated during the 2nd quarter will still fall into the second half of 2023 for financial reporting purposes. Accordingly, we have high expectations for a strong performance in Q3 and Q4 of this year and an even better performance for all of 2024. We believe that our business model and the improving general market conditions represent a promising opportunity for experienced and somewhat risk-tolerant investors in the sector.

Access the Report Here:

https://www.otcmarkets.com/otcapi/company/financial-report/379900/content

The Livewire Estrella Ranch 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 of high-end, organic sun-grown cannabis products. Estrella Ranch is the central hub for all Livewire operations in California and plans to eventually develop it into the ultimate Cannabis tourist and education destination. Estrella Ranch shares valuable resources as needed with Livewire’s subsidiary Makana Ola Farm in Humboldt, California, the birthplace of California’s cannabis cultivation. Makana Ola cultivates under a well-guarded secret of unique marijuana horticulture with a long tradition of quietly growing amongst the giant redwoods. The Livewire “Estate Grown Weedery” cultivation process focuses on the cost-effective production of the best quality organic-style, 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 to produce high-quality 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. Our products are cultivated by Livewire’s subsidiary/affiliate companies Estrella Ranch Partners, Estrella River Farms, and Makana Ola Farms, and manufactured, tested, and distributed through several well-established companies in California. 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. For non-material updates, follow LiveWire Ergogenics on Twitter @livewireLVVV, or go to www.stockwatchindex.com/livewire-ergogenics.

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.