LiveWire Ergogenics Announces Appointment of New President and Key Positions to Management Team

Anaheim, CA, Oct. 06, 2020 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV), today announced that it has added several key positions to its management team in anticipation of approval of its operational permit for the world’s first “Estate Grown Weedery” at its Estrella Ranch in the California Central Coast.

LiveWire Ergogenics acquires, manages, and licenses special purpose real estate properties conducive to discovering and developing high-quality, organically grown cannabinoid products for the health and wellness industry in California and the statewide distribution of these products through its operators and affiliate companies.

Bill Hodson, CEO of LiveWire states, “During the last year, we have been moving forward with infrastructure improvements at our Estrella Ranch in anticipation of the pending approval for our operation permit, in close cooperation with our cultivation operator QDG Agricultural. To manage this expected acceleration of our operations at the Ranch and on our affiliate level, we have filled key positions in our management roster. While we still consequently follow or credo of operating with the lowest possible overhead, we are now at the stage to prepare for significantly increasing operational, sales and marketing activities that will need additional management support. Accordingly, we have filled the position of President, Vice President of Central Coast Operation, and Compliance Manager, all crucial positions for our fast advancing operations.”

“We have been working with the individuals joining our management team while we acquired and planned the Estrella Ranch facility. This team is in the process of establishing a new category in in the California cannabis market, the world’s first ‘Estate Grown Weedery’ and the return of family-style farming for the next generation”, continues Mr. Hodson. “The additional management members are all experienced experts in their fields and well qualified to execute the responsibilities of their positions. The team has our complete trust to manage our operations strictly following our well-defined vision and business model.”

William Riley, President LiveWire Ergogenics, Inc.

William Riley spent most of his career as an institutional trader on the New York Stock Exchange based out of St. Louis, Missouri. Mr. Riley moved to Las Vegas in 2011 to pursue a career in the residential mortgage banking field. Since then he has consulted on the introduction of various projects and companies to private investors. Mr. Riley is experienced in financial management, consulting, client relationship management and has gathered extensive experience in the commercial and residential real estate industry. Mr. Riley will manage all Livewire operations and relations with subsidiaries in close cooperation with the CEO.

Jeff Dole, Vice President of Central Coast Operations

Jeff grew up in a household of executive who developed the 7-Eleven brand globally. This intensive experience provided him the optimal education in all facets of franchise operations , both Domestic and International. Working in this industry for many years, he acquired an extensive understanding of manufacturing, distribution, marketing, forecasting, sales and budgeting. Mr. Dole is a solution-oriented operations manager and has significant experience in identifying and managing complex interactions to achieve improving results quickly and economically. His management approach is focused on identifying and satisfying customer needs while achieving company objectives. Jeff was raised in California and Texas and graduated from Colorado State University with a major in Nutrition and Exercise Physiology.

AJ Moreno, Compliance Manager - Government Liaison

Mr. Moreno brings a wealth of construction and compliance experience to the Company. For the past 16 years, Mr. Moreno has been a General Contractor in New Mexico and his company was recognized as one of the fastest growing companies for two years in a row. Most recently, Mr. Moreno has been focusing on the high-volume Las Vegas market and building a strong relationship with most major Casinos in Nevada. During the past 8 years, Mr. Moreno has been expanding its operations into Las Vegas and has completed construction work for many of the largest well-known casinos in the city. The immense experience navigating complex regulations of a union-based company in Las Vegas and the highly regulated government contract work on military installation, Mr. Moreno is uniquely positioned to spearhead the compliance responsibility for LiveWire and QDG. 

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

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, managing, and licensing specialized cannabis real estate properties conducive to producing high-quality handcrafted cannabis products for medicinal and adult-use in the US. This includes the distribution of these products and the creation of a Nationally recognized organic "Estrella Weedery" brand. Livewire Ergogenics does not produce, sell, or distribute products that are in violation of the United States Controlled Substance Act. For more information, please visit: LiveWireErgogenics.com.

Forward-Looking Statements. This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company, including any anticipated approvals by local, state or federal governments. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully 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.