Anaheim, CA, March 26, 2019 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that its subsidiary, GHC Ventures, has expanded operations at its cannabis cloning cultivation facility in Coachella, California. Two additional production PODs have been added, giving GHC Ventures additional square feet of valuable growing space. LiveWire Ergogenics is a company focused on the acquisition, licensing and managing of special purpose real estate properties for use as legal and fully self-contained turnkey production and distribution facilities for cannabis-based products and services in California.
This expansion will help meet the rapidly increasing demand from licensed Southern California cultivators for the Company’s sought-after genetics of proprietary, high-quality and pesticide-free “7X Pure” verified cannabis clones it has grown and is currently delivering. GHC Ventures will fill the new PODs with additional “mother” plants to gain valuable production capacity.
Bill Hodson, CEO of LiveWire Ergogenics, explains, “We installed additional PODs at our satellite nursery earlier than planned, because demand for our genetics from customers in the Coachella Valley and throughout Southern California has exceeded our initial forecasts. This is another important step towards the realization of our goal to become the leading supplier of the highest quality cannabis products and services, as a fully vertically-integrated state-licensed cannabis nursery and distribution operation in California.”
“As announced earlier this year,” Hodson adds, “LiveWire Ergogenics has also been granted a minor use permit for a 25,000 square feet nursery in Paso Robles. The increased capacity in Coachella will produce instant inventory for this state-of-the-art facility, so we will be able to make an immediate impact and supply growers throughout Central California as well.”
The Livewire Cloning PODs
Every component used in the LiveWire PODs has been designed by LiveWire’s expert cannabis and technical teams, under the supervision of its Master Horticulturist, Kyle McKay. The fully-controlled and self-contained cultivation environment provided by the cloning PODs has been customized for the advanced and highly specialized “7X Pure” verified cannabis cloning and production process. This process fulfills the most stringent legal and environmental cannabis production standards in the industry, from seed-to-sale.
About 7X Pure
The 7X Pure Compliance and Dosage Verification System, which is designed as a parallel service to the seed-to-sale data provided by marijuana tracking software, is an assembled set of verified documents at various levels of the supply chain, from certificate of origin to finished product. The 7X Pure Verification System is designed to provide consumers with confidence that the product meets only the highest quality standards.
For more information about LiveWire Ergogenics, visit www.livewireergogenics.com, follow LiveWire Ergogenics on Twitter @livewireLVVV, or download a research report at stockwatchindex.com/livewire-ergogenics
About LiveWire Ergogenics, Inc.
LiveWire Ergogenics, Inc. specializes in identifying and monetizing current and future trends in the health and wellness industry, with a focus on the cannabis sector. The Company is focused on acquiring, managing and licensing specialized real estate locations for fully compliant and permitted turnkey facilities to produce cannabis-based products and services in California. The Company is also entering into 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 the Company’s “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.
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, systems or services. Such forward-looking statements are projections, are not meant to guarantee results and actual results 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 changes in government regulation in the cannabis industry, the denial of new permit applications or the withdrawal of any existing permits, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company’s failure in general to implement its business plans or strategies. The Company assumes no obligation to update any forward-looking statements to reflect any event that may arise after the date of this release.
INVESTOR CONTACT
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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
MARKET AWARENESS
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