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HAHAHAHA. YES! Hate to admit it.. sort of wish i left mine home too. LOL.
yeah, its pretty nice, and a good trip overall to take.. I will be going back out again once they get further along at the nursery, and even head out to Coachella. I didnt get to go last time.. but will make the drive on my next visit..
So now we are splitting hairs. LOL OK Thumpa, as I already stated, I will try and get clarification on this for you.
its a start up business Thumpa, and we should expect monies to be spent to further grow this business..But I will ask about it and see if i can get an answer for you, but There is no dilution or has been any since FEB of this year, the O/S has been consistently the same and updated daily... we have been treading in the penny range for a LONG WHILE now.. you think we would still be here if that wasnt the case? lol
Its a business, so i also expect there will be expenses, we need to grow, and we need to spend, just how it goes. I care about revenues right now, if you look at what potential ROBLES alone can put out, 1 million of anything is peanuts compared to what they will be doing..
So I am not concerned with the daily trade, or if we need to spend more money to make more money. After all, any money spent is all proving to be money spent on the company, and its growth. In turn, it should pay back in the long run for shareholders regardless imo..
$LVVV
Then just call Bill himself and ask, or Cliff.. They are willing to speak to an honest shareholder. Most dont answer the opposite opinion as they know its just adding fuel to the fire.. Right or Wrong, it doesn't matter.. there will always be a spin to the opposite..
In the end, you either have faith and believe in what the company is doing, or you do not and move on.
$LVVV
Sureeeee. LOL Truth is, one could just invest in another stock if they wanted right? There are THOUSANDS in the OTC one can choose from. Simple Question! LOL
Unfortunately, not many publicly owned companies out there compared to what LVVV is doing, priced as cheap either.. This is a LEGIT company, with INTEGRITY, trying to do the right thing, in one the BIGGEST MJ MARKETS in the world. We are WAY UNDERVALUED HERE imo.
I will continue to place my bets on LVVV succeeding as they have already shown per their most recent filings, Many PRs issued, and what i have personally seen with my own eyes.. They are WELL ON THEIR WAY!
$LVVV FTW
EXACTLY Here.. REVENUES is KEY at this point. I would take millions of revenues before Up List ANY day of the week.
Awesome, Good Luck To You! LOL For anyone else, this is a FANTASTIC entry point.. This stock has CLEARLY hit Bottom already, with a Strong Start on REVS.. There is only one way for us to go now.. And THATS UP!
CHEERS!
$LVVV
Per their most recent PR
"- Continued preparation for up-listing to OTCQB through financial audits and OTC filings."
It is NOT an easy process to get uplisted, regardless of what anyone says..Especially with everything they have going on..And they are and have been transparent with the process..
So to me, They are in FACT still working on getting this completed. So I am confident that it will happen in due time and am content with knowing this.
At this point. REVENUES is the key here and they clearly showed a HUGE gain from what most expected.. and now to see a big increase, Q after Q sets us up for a bright future.
$LVVV
LOL.. Agree, its definitely A LOT more than what most here were expecting to see.. a welcome surprise.. likewise, they are literally doing everything they said they would.. This speaks VOLUMES for an OTC company like this. A company with Integrity..
They are building an empire on a couple million, where most companies are spending TENS OF MILLIONS and LOSING IT.. Bill is running this machine LEAN and MEAN.. Tight. I love it. We are most certainly on the right track to becoming a VERY PROFITABLE company imo.
$LVVV
“Commenced the vetting process and begun negotiations with several potential third-party operators for Estrella Ranch. “
Hmmm.. wondering who they are in talks with? We could be seeing an announcement on this in the coming months..
$LVVV
www.7xclonesforsale.com
I bet they will be adding instagram and a blog as well with more information im thinking..
$LVVV
Good catch Kelly! Glad to see they are spreading this news via other outlets. This really is a big deal for the company, we have been treading for MONTHS in the penny range.. Bottom is clearly in, there is no where to go now but UP!
With continued growth expected in all aspects of the company.. This appears to be a VERY GOOD entry point for anyone getting in, and to add even.
MANY BAGS COMING OUR WAY IMO! LOAD AND HOLD
$LVVV FTW
Also REVS are expected to increase "Exponentially" Q after Q moving forward.. This is setting up for a really nice run, coming out of the summer months, we should be breaking new highs imo.
$LVVV FTW
Posted it earlier this AM.. Someone can repost?
DD: Clones have a quick profit cycle. , LVVV can expand and increase sales fast with their experience.
Experience is everything for a company like this. There is no product that they need to educate the consumer on, everyone knows what MJ does... It sells itself
The most important question of all is: Can they produce LARGE SCALE with tight quality standards? What does the DD suggest?
Kyle Anthony McKay - Master Horticulturist Mr. McKay gathered the majority of his expert experience during his work with the inventor of
“Master Kush”, a very prominent marijuana genetic, in a state of the art facility in Southern California. Mr. McKay has a track record of
growing over 160 stable genetics, as well as managing over twenty cultivation centers and dispensaries, providing services for over
45,000 patients at one time. Mr. McKay has been actively involved in all aspects form growing to establishing cultivation plans and
executing licensing processes. He will bring experience in new age genetics and the application of fungicides and pesticides, to ensure
production of the highest-quality products and maintaining a controlled production environment. He also has special knowledge in
location selection, cultivation center planning and maximization of growth potential.
Once we Get ROBLES up and fitted, Kyle and Cliff can relocate many of the genetics they have to the Nursery for a quick turn on clones and get sales going along right away! These buildings are HUGE!!
LiveWire Ergogenics Welcomes Legendary Tennis Champion Jimmy Connors as Spokesman and Advisor
Press Release | 07/27/2018
Anaheim, CA, July 24, 2018 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC:LVVV) is pleased to announce that retired American world number one tennis player Jimmy Connors has joined the firm as Spokesman and Advisor. LiveWire Ergogenics focuses on special purpose real estate acquisitions and the licensing and management of fully-compliant turnkey production facilities for cannabis-based products and services.
"We welcome Jimmy to LiveWire Ergogenics, where he will be serving as both Spokesman and Advisor for the Company,” states Bill Hodson, LiveWire’s CEO and Chairman. “Jimmy’s wealth of knowledge in the sports and wellness industries will be especially important as we expand into our next phase of development. His decades-long standing as one of the most-recognized personalities in the global sports world will add a new level of credibility and exposure for our Company. Plus, Jimmy’s association with LiveWire will also support our efforts to set the Company apart in a fast-growing and still turbulent and disruptive industry, and to pursue our unique business model in several distinct and potentially very-profitable sectors in the cannabis industry."
Jimmy Connors is a legendary number 1 ranked tennis player, and is considered among the greatest in the history of the sport. From 1974 to 1977 he held the top ATP ranking for a then-record 160 consecutive weeks, and he held this ranking for a total of 268 weeks throughout his entire career. Even today Jimmy still holds three prominent Open Era Men's singles records: 109 titles, 1,535 matches played, and 1,256 matches won. His titles include eight majors (five US Open, two Wimbledon, one Australian Open), three year-end championships, and 17 Grand Prix Super Series.
AS THE COMPANY EXPANDS ITS OPERATIONS, WE WILL BE SEEING MORE OF JIMMY!
LiveWire Ergogenics, Inc. Engages Team of Industry Veterans and Strengthens Statewide Cannabis Distribution Operation
Press Release | 03/20/2019
Anaheim, CA, March 20, 2019 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that it has contracted with industry veterans Curtis Hall and Jerry Robertson to join GHC Distro, the firm’s Coachella, California-based cannabis distribution division. LiveWire Ergogenics is a company focused on the acquisition, licensing and managing of special purpose real estate properties as legal and fully self-contained turnkey production and distribution facilities for cannabis-based products and services in California.
Both Mr. Hall and Mr. Robertson have a longstanding track record, are well-respected within the cannabis industry and specialize in getting legally compliant cannabis distribution facilities fully operational quickly and manage and expand the operation efficiently, while providing job opportunities for veterans in the industry whenever they can. The team was recently involved with California distribution operations RVR Distribution and OG Distro.
At LiveWire Ergogenics Curtis and Jerry will be responsible for all aspects of GHC Distro’s operations, from setting up the operational infrastructure, establishing and maintaining industry operating procedures and internal controls to facilitating employee training. They will be managing logistics including track-and-trace and ensure full compliance with all applicable regulatory requirements.
“GHC Ventures recently has been granted a California Statewide cannabis distribution license,” says Bill Hodson, CEO and Chairman of LiveWire Ergogenics, Inc. “The contract with Curtis and Jerry will expedite the expansion of our distribution operation to take full advantage of the opportunity this crucial license represents for us in the business to business, as well as in the business to consumer sector of this new, heavily regulated and fast-growing industry. The operation of our statewide distribution network will provide us with the next step in the development of our company to become a fully vertically integrated cannabis operation.”
Curtis and Jerry will split managerial responsibilities for the distribution operation, taking advantage of their longstanding relationships with cannabis brands and manufacturers throughout California, negotiating pricing and product procurement. The team will also set up and maintain the back-end logistics systems, taking responsibility for all compliance issues, including track-and-trace software data input and lab test coordination, delivery schedules and inventory controls. Curtis and Jerry will also be focused on new brand acquisitions for LiveWire and establishing a team of cannabis channel experts to access hundreds of retail accounts throughout California.
“What we’ve seen,” continues Hodson, “is that we are amid a still turbulent industry with products and prices changing rapidly reacting to consumer demand and supply capacity. Accordingly, having your finger on the pulse of the market is vital. With the addition of Curtis and Jerry we are not only integrating a proven team to drastically expand our distribution services, we will also gain the valuable expertise of additional cannabis channel professionals, who will keep track of market demands, pricing strategies and will collect the intelligence that will allow us to react dynamically to changing market conditions. As a result, we are expecting to generate drastically increasing revenues within a short period of time.”
LVVV has a solid long term business plan!
As things shake out in the Cali market LVVV will work it's way to the top with 7X Pure. That 7X Pure model provides EVERYTHING state regulators and producers want to accomplish:
1. Seed to sale tracking / Soil to Oil even
2. Elimination of contaminants in both medicinal and recreations MJ.
3. Guarantee to customers of a clean and verifiably consistent product.
4. Guarantee to producers that their product(s) will pass all testing
requirements and be ready for sale. No surprises at the time of
testing and no fear of having your product confiscated and destroyed,
costing thousands if not millions in lost revenues.
The critical part of the plan has been addressed:
“We are now well on our way to manifesting the Company's position in the California cannabis market by establishing several large, fully self-contained and ‘Closed Loop’ cannabis operations.”
Closed loop cannabis operations are the key element and this will be accomplished by implementing the 7X Pure platform.
If you understand the issues being faced by both producers and regulators in the Cali market (or any other MJ market) and understand what 7X Pure accomplishes you will see the HUGE POTENTIAL of being invested long term in LVVV.
$LVVV
AIMHO
THE LIVEWIRE TEAM:
INVESTOR RELATIONS: CONTACT
Toll Free: (877) 964-6463
https://www.equinet.us/investments
The team represents approximately sixty (60) years of combined Wall Street experience and accordingly has deep-rooted personal relationships in the financial and information industry.
Development firm: http://cushmangreenfield.com/ -
Cushman Greenfield is a well-regarded development firm specializing in license application and procurement in the medical cannabis industry. In addition to helping LiveWire navigate various license applications, they will also be providing expert advice in the areas of business development, brand development and government affairs.
Cannabis lawyer: http://www.omarfigueroa.com/state/ - LAW OFFICES OF OMAR FIGUEROA. Mr. Figueroa will be working with LiveWire Ergogenics in the areas of permitting, licensing and regulatory compliance; business law; intellectual property; and legal education.
Management consulting firm: The Code Corp. http://www.thecodecorp.com/ The company, which focuses on research partnerships, product development, acquisition, and management of turnkey production facilities for cannabis-based products and services, will be applying blockchain's decentralized ledger technology to its 7X Pure Cannabis Compliance and Dosage Verification System. Respected blockchain technology expert Leon Fleyshman has been named the Senior Advisor for this project.
Legal Counsel:
Michael Corrigan
Law Offices of Michael Corrigan
550 West C Street
San Diego, CA 93101
Accounting Services:
CFO Squad
46 Main Street, Suite 119
Monsey, NY 10952
Inland Empire chapter of NORML, the National Organization to Reform Marijuana Laws. norml.org/chapters/item/inland-empire-norml -
Bill Hodson, CEO of LiveWire, has been appointed to the action committee for the Inland Empire chapter of NORML, the National Organization to Reform Marijuana Laws.
MANAGEMENT TEAM:
Bill Hodson - Chief Executive Officer and a member of its Board of Directors. Mr. Hodson lead the development and implementation
of the company’s initial innovative product strategy to position the Company in the unique “edible” delivery system for active ingredients
in the supplemental nutritional marketplace. He is now also responsible for the strategic direction of the firm's development,
branding, sales, marketing and licensing strategies and oversees several CBD research projects and the Company’s cloning activities..
Cliff Rusin - President and Chief Operating Officer. Cliff Rusin is a creative thinker and innovator. Cliff's career has spanned decades
and his inventions in printing, advertising and logistical solutions have changed major sports, events and entertainment markets worldwide.
Cliff has been instrumental incorporating digital graphics systems to many professional sports programs.
DEVELOPMENT TEAM:
Kyle Anthony McKay - Master Horticulturist. Mr. McKay gathered the majority of his expert experience during his work with the inventor of
“Master Kush”, a very prominent marijuana genetic, in a state of the art facility in Southern California. Mr. McKay has a track record of
growing over 160 stable genetics, as well as managing over twenty cultivation centers and dispensaries, providing services for over
45,000 patients at one time. Mr. McKay has been actively involved in all aspects form growing to establishing cultivation plans and
executing licensing processes. He will bring experience in new age genetics and the application of fungicides and pesticides, to ensure
production of the highest-quality products and maintaining a controlled production environment. He also has special knowledge in
location selection, cultivation center planning and maximization of growth potential.
Jason Olson - Developer. Mr. Olson brings ten years of cloning and growing experience to the Company. Mr. Olson has successfully
combined a leading-edge and proprietary cloning and growing process with the general business experience that he has gathered in
the restaurant and banking industries, before his entry into the cannabis industry. This experience and the development of a proprietary
cloning process, combined with Mr. Olson’s intimate knowledge of the plant, creates the ideal conditions for high-quality and
organically clean cloning and growing conditions that will produce the superior results that LiveWire is setting out to achieve. Mr. Olson
has a B.S. in Business Management from the University of Phoenix.
-------------- ALSO MASTER FARMER KEN
LiveWire would like to welcome our latest expert, Farmer Ken. An award winning Master Grower and specialist from seed to sauce. pic.twitter.com/6I56Ye3vnp
— LiveWire Ergogenics (@livewireLVVV) February 14, 2018
7X Pure DD: With Blockchain, all history can be viewed without alteration. It will track everything from the seed, to the mother, to the clones, to the brownies. Complete supply line Quality Assurance.
They are thinking ahead of the sector and these are the types of moves that will continue to attract $$$ to this ticker.
LiveWire Ergogenics’ 7X Pure Cannabis Compliance and Dosage Verification System to Run on Blockchain Technology
Anaheim,CA, Jan. 30, 2018 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) today announced that it will be using blockchain technology to create a completely secure system for cannabis compliance and dosage verification. The company, which focuses on research partnerships, product development, acquisition, and management of turnkey production facilities for cannabis-based products and services, will be applying blockchain’s decentralized ledger technology to its 7X Pure Cannabis Compliance and Dosage Verification System. Respected blockchain technology expert Leon Fleyshman has been named the Senior Advisor for this project.
LiveWire Ergogenics’ 7X Pure Cannabis Compliance and Dosage Verification System provides third party verification of cannabis material origin, potency, purity, dosage, labeling and more, and then secures each product with a digital identity and clearly identifiable chain of custody.
The use of blockchain technology will make the 7X Pure system completely secure, transparent and verifiable. LiveWire Ergogenics will be able to protect the confidentiality of growers’ and manufacturers’ intellectual property while providing retailers, consumers, government officials and others verification that the growers’ and manufacturers’ claims are true.
“On the blockchain every iteration of every piece of data automatically contains all prior iterations as well,” explains Mr. Fleyshman, “and every new data entry is immediately processed, confirmed and stored by numerous computers around the world. The result is a tamper-proof system that provides a reliability factor that just doesn’t exist with any other technology.”
The 7X Pure verification system, which is designed as a parallel service to the seed-to-sale data provided by marijuana tracking software, will help growers and manufacturers meet increasing compliance requirements related to logistics, quality and transparency. It will also provide a high level of assurance to everyone from end users to municipalities, who will be able to enter a lot code into a website to quickly confirm that a product’s claims regarding material origin, potency, purity, dosage and more have all been properly verified.
The 7X Pure system utilizing blockchain technology will also serve as the backbone for an open supply chain network, with data privacy built into the decentralized blockchain infrastructure.
“I can’t emphasize enough the importance of data privacy in this industry,” states Bill Hodson, CEO of LiveWire. “While ‘track and trace’ requirements are being driven by state and local agencies, trade partners in the cannabis industry are understandably protective of their proprietary grow techniques, the integrity of their marijuana strains, and other trade secrets. Marrying the security of blockchain technology with the many benefits of the 7X Pure verification system will therefore be a game-changer for the cannabis industry. Plus, manufacturers will appreciate the fact that they won’t have to learn new software, attend classes or click through endless PowerPoint presentations to participate!”
Leon Fleyshman, the project’s Senior Advisor, is CEO of The Code Corporation, a management consulting firm in Southern California. Mr. Fleyshman has extensive experience in various activities related to Cryptocurrency and the underlying technologies that drive the transformative potential of blockchain. He has also been a vocal advocate for expanding research into medical cannabis. As Senior Advisor, Mr. Fleyshman is responsible for the technical strategy, including determining the best way to make use of blockchain technology for the 7X Pure platform.
As part of the 7X Pure Cannabis Compliance and Dosage Verification System, LiveWire Ergogenics has set up its 7X Strain Vault. Growers can submit their strains to comply with step one of the seven-step verification process, which is “confirm identity.” To review the entire 7X Pure Cannabis Compliance and Dosage Verification process, please visit www.7XPure.com.
$LVVV
7X Pure DD: LVVV takes the MANDATORY testing aspect even further, by verifying the genetics, supply line, etc and making the info available to anyone. All you have to do is type in the product ID and a complete history is available, secured with blockchain.
It could be the standard one day. Consumers, suppliers, etc could look for the little "7X Pure" tag and check it out on their phone right then and there, before they buy... Do i see an App coming??? People could just scan the code, fast
Nothing is a sure thing, but the MASSIVE NEED for this type of a system, within a HIGHLY regulated MJ market, makes complete sense... and it makes this stock seem very cheap to me.
Imagine if they could just average .02 every time their "seal of approval" is placed on a clone, buds, edibles, concentrates, CBD drinks, supplements, etc. There will be millons of these products sold each day... Just 1 million people consuming a CBD drink is $20,000 PER DAY. This is just one type of product!
LiveWire Ergogenics
@livewireLVVV
Jan 12
More
An example of 7x Pure in action. This, along with new client with multiple cultivation agreements is sure to make us heavyweights.
I am liking this part...
implemented an all-encompassing software tracking system to capture all transactions. The system allows us to track and trace every transaction and comply with California State and tax authorities’ rules and regulations
This sounds like its en part to the 7X Pure System they have..
$LVVV
HAHAHA, yep, account created only a few hours after their last post made. LOL
LiveWire Ergogenics, Inc Reports Significant Revenue Improvement for Second Quarter 2019
Posted by SWI Editorial Staff On August 21, 2019 0 Comment
Anaheim, CA – August 22, 2019 – LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that it is has filed its Second Quarter 2019 Financial Report with OTC Markets, showing significant improvement in revenue for the quarter.
LiveWire Ergogenics, through its subsidiary GHC Ventures, generated $371,876 in revenue, a significant improvement over the same period last year. The increase in revenue of over 2000% is a result of State licensed Distribution and Nursery operations in California. General and Administrative costs increased slightly to $176,571, due to the additional personnel to manage GHC operations. At the same time, the Company has been able to reduce its stock-based compensation significantly and did not issue any new shares during the second quarter of 2019, keeping down dilution for our existing shareholders.
Bill Hodson, CEO of LiveWire stated, “To continue this path of aggressively increasing revenues, we have substantially expanded the operation of our subsidiary, GHC Ventures, and have implemented an all-encompassing software tracking system to capture all transactions. The system allows us to track and trace every transaction and comply with California State and tax authorities’ rules and regulations that come along with this growing industry. Below you will find a summary of all milestone achievements within our group of companies for the last few months that we believe will have a positive impact in the months ahead.”
- Finalized acquisition of a 265-acre Ranch in Paso Robles, California via our subsidiary to establish the world’s first Estate Grown Weedery.
Received cultivation/nursery and distribution permits for nursery in Coachella, California.
- Received cultivation/nursery Minor Use Permit for its nursery in Paso Robles, California.
- Received Annual CA State distribution license from the California Bureau of Cannabis Control.
- Began operation of statewide distribution division GHC Ventures for distribution of cannabis products throughout California.
- Applied for Minor Use Permit for outdoor cultivation on Estrella Ranch.
- Commenced the vetting process and begun negotiations with several potential third-party operators for Estrella Ranch.
- Executed “7X Pure” Private Label Agreement with botanical company with first product release imminent.
- Engaged research teams with highly recognized athletes and published experts to commence with leading-edge research to explore the application of cannabinoid products for human and equine applications.
- Advancing plans for expansion into the sports and cosmetics markets for CBD or THC infused products.
- Continuing to explore potential acquisition targets and strategic alliances.
- Continued preparation for up-listing to OTCQB through financial audits and OTC filings.
We will keep you updated, and we appreciate your trust and loyalty.
LiveWire Ergogenics, Inc Reports Significant Revenue Improvement for Second Quarter 2019
Posted by SWI Editorial Staff On August 21, 2019 0 Comment
Anaheim, CA – August 22, 2019 – LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that it is has filed its Second Quarter 2019 Financial Report with OTC Markets, showing significant improvement in revenue for the quarter.
LiveWire Ergogenics, through its subsidiary GHC Ventures, generated $371,876 in revenue, a significant improvement over the same period last year. The increase in revenue of over 2000% is a result of State licensed Distribution and Nursery operations in California. General and Administrative costs increased slightly to $176,571, due to the additional personnel to manage GHC operations. At the same time, the Company has been able to reduce its stock-based compensation significantly and did not issue any new shares during the second quarter of 2019, keeping down dilution for our existing shareholders.
Bill Hodson, CEO of LiveWire stated, “To continue this path of aggressively increasing revenues, we have substantially expanded the operation of our subsidiary, GHC Ventures, and have implemented an all-encompassing software tracking system to capture all transactions. The system allows us to track and trace every transaction and comply with California State and tax authorities’ rules and regulations that come along with this growing industry. Below you will find a summary of all milestone achievements within our group of companies for the last few months that we believe will have a positive impact in the months ahead.”
- Finalized acquisition of a 265-acre Ranch in Paso Robles, California via our subsidiary to establish the world’s first Estate Grown Weedery.
Received cultivation/nursery and distribution permits for nursery in Coachella, California.
- Received cultivation/nursery Minor Use Permit for its nursery in Paso Robles, California.
- Received Annual CA State distribution license from the California Bureau of Cannabis Control.
- Began operation of statewide distribution division GHC Ventures for distribution of cannabis products throughout California.
- Applied for Minor Use Permit for outdoor cultivation on Estrella Ranch.
- Commenced the vetting process and begun negotiations with several potential third-party operators for Estrella Ranch.
- Executed “7X Pure” Private Label Agreement with botanical company with first product release imminent.
- Engaged research teams with highly recognized athletes and published experts to commence with leading-edge research to explore the application of cannabinoid products for human and equine applications.
- Advancing plans for expansion into the sports and cosmetics markets for CBD or THC infused products.
- Continuing to explore potential acquisition targets and strategic alliances.
- Continued preparation for up-listing to OTCQB through financial audits and OTC filings.
We will keep you updated, and we appreciate your trust and loyalty.
LiveWire Ergogenics, Inc Reports Significant Revenue Improvement for Second Quarter 2019
Posted by SWI Editorial Staff On August 21, 2019 0 Comment
Anaheim, CA – August 22, 2019 – LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that it is has filed its Second Quarter 2019 Financial Report with OTC Markets, showing significant improvement in revenue for the quarter.
LiveWire Ergogenics, through its subsidiary GHC Ventures, generated $371,876 in revenue, a significant improvement over the same period last year. The increase in revenue of over 2000% is a result of State licensed Distribution and Nursery operations in California. General and Administrative costs increased slightly to $176,571, due to the additional personnel to manage GHC operations. At the same time, the Company has been able to reduce its stock-based compensation significantly and did not issue any new shares during the second quarter of 2019, keeping down dilution for our existing shareholders.
Bill Hodson, CEO of LiveWire stated, “To continue this path of aggressively increasing revenues, we have substantially expanded the operation of our subsidiary, GHC Ventures, and have implemented an all-encompassing software tracking system to capture all transactions. The system allows us to track and trace every transaction and comply with California State and tax authorities’ rules and regulations that come along with this growing industry. Below you will find a summary of all milestone achievements within our group of companies for the last few months that we believe will have a positive impact in the months ahead.”
- Finalized acquisition of a 265-acre Ranch in Paso Robles, California via our subsidiary to establish the world’s first Estate Grown Weedery.
- Received cultivation/nursery and distribution permits for nursery in Coachella, California.
- Received cultivation/nursery Minor Use Permit for its nursery in Paso Robles, California.
- Received Annual CA State distribution license from the California Bureau of Cannabis Control.
- Began operation of statewide distribution division GHC Ventures for distribution of cannabis products throughout California.
- Applied for Minor Use Permit for outdoor cultivation on Estrella Ranch.
- Commenced the vetting process and begun negotiations with several potential third-party operators for Estrella Ranch.
- Executed “7X Pure” Private Label Agreement with botanical company with first product release imminent.
- Engaged research teams with highly recognized athletes and published experts to commence with leading-edge research to explore the application of cannabinoid products for human and equine applications.
- Advancing plans for expansion into the sports and cosmetics markets for CBD or THC infused products.
- Continuing to explore potential acquisition targets and strategic alliances.
- Continued preparation for up-listing to OTCQB through financial audits and OTC filings.
We will keep you updated, and we appreciate your trust and loyalty.
Right, it takes almost a year to secure a strain and they are over 60 - 90 now...can’t remember exactly how many atm...with over 150 in total to secure..
Yes they do! So dont some of us North Carolinian's! LOL Just wish they would get off their hat and loosen up over here too!
$LVVV FTW
California Is World's Biggest Legal Pot Market
Says New Report - Projected $3.1 Billion
Regulatory issues notwithstanding, California’s legal cannabis market is currently on track to becoming the world’s largest market, according to a new report issued by leading industry researchers Arcview and BDS Analytics. For 2019, the state is projected to grow 23 % in sales, racking up $3.1 billion.
Said Arcview CEO Troy Dayton: “Despite the burdens imposed on the legal market by regulators, with a $2.7 billion gross domestic product, California has the world’s largest legal cannabis market and will continue to be until federal legalization makes it merely a part of the larger U.S. market. At that point, California will assume its usual place in the world economy as a major exporter of agricultural commodities and their derivative products, a technology mecca, and consumer product trendsetter.”
In addition to its regulatory setbacks, which has resulted in California having a relatively low number of retailers for its population, with only one licensed retailer for every 35,147 adults over the age of 21 (versus Oregon, which has one dispensary for every 5,567 adults over 21 and Colorado, which has 4,240 adults age 21 and over for each retailer), the state’s medical cannabis market has been adversely affected by the legalization of adult-use marijuana. According to the report, entitled “California: Lessons From the World's Largest Cannabis Market,” revenue for the medical sector dropped from $3 billion in 2017 to $2.5 billion in 2018. While some states, such as Colorado, Washington and Oregon, have experienced the doubling of consumer spending in the wake of adult-use legalization, California has experienced the inverse effect. Much of this is attributable to local bans on commercial cannabis activity, which caused the number of retailers to shrink sharply during the launch of the state’s adult-use program in January. Also, factoring into this equation has been stringent testing regulations that prompted many suppliers to fold as product shortages cut consumer spending dramatically.
Yes, California continues to thrive, even in the face of adversity, said Tom Adams, managing director and principal analyst for Boulder, Colorado-based BDS Analytics’ industry intelligence group. “California companies that survived the dual ‘extinction events’ of 2018 have emerged stronger and well-positioned to grow their market share going forward,” he explained. “More than that, they are battle hardened, and kicked off a merger and acquisition flurry in the first half of 2019 that will allow them to leverage their positions in California to compete across the country.” Adams is also the editor-in-chief for Arcview Market Research, which is part of the Arcview Group and has published over 20 reports analyzing and forecasting the rapidly evolving cannabis space.
Other trends and developments analyzed in the report include:
California Governor Jerry Brown forecast’s that legal cannabis would bring the state $643 million from cannabis taxes in 2018. In truth, that tax revenue projection fell short, tallying just over $345 million, with $182 million coming from cannabis-specific excise taxes and $36 million from cultivation taxes;
Thanks to the continuing tax and regulatory issues stemming from the legal market, California’s illicit market continues unabated. The report predicts the state’s black market will make up 53% of all sales in 2024 compared to most other regulation-amenable states whose illicit markets are expected to dwindle to 30% or less of total sales in that time frame; and,
The average consumer in California is 44 years old. However, young generations are consuming at higher rates, with 39% of Gen Z and millennials identifying as users and 41% of Gen X reporting consuming in the past six months. This is a stark contrast to only 20% of Baby Boomers and older generations.
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The ranch was purchased by its subsidiary..
No, there is not.. its 531 Million.. Check the filings bud.. As of June 30, 2019.. its 531 million on the public float. NOT counting Unrestricted shares to the float.
ZERO DILUTION SINCE FEB OF THIS YEAR.
$LVVV FTW
531 MILLION IN THE FLOAT, AND ZERO DILLUTION. LOAD UP FOLKS.. REVS are going to INCREASE EXPONENTIALLY Q after Q from here on out.
$LVVV FTW
YES! He manages that entire estate, over 23k acres of prime land.. I get a feeling we may be seeing something with him along the lines of growing HEMP on lots of that acreage.
When i was there visiting, there was HUNDREDS and HUNDREDS of acres of land that he was watering, just some special kind of grass so he can maintain the water rights. CRAZY.
NOW, if I were Bill, I would be also talking to him about a partnership utilizing all the land they can for HEMP GROW.. Coupled with what we have already?? HUGE, MASSIVE, SO MUCH POTENTIAL HERE.
$LVVV FTW
$LVVV FILINGS Showing 900% Increase in REVS from last Q, FANTASTIC START FOR THIS CA MJ COMPANY! Company expecting to EXPONENTIALLY increase REVS Q after Q moving forward.. Great Time for Entry Position to this great Up and Coming Stock!
531 Million Float! and ZERO DILLUTION since FEB of this year!
$LVVV FTW
$LVVV FILINGS Showing 900% Increase in REVS from last Q, FANTASTIC START FOR THIS CA MJ COMPANY! Company expecting to EXPONENTIALLY increase REVS Q after Q moving forward.. Great Time for Entry Position to this great Up and Coming Stock!
$LVVV FTW
$LVVV FILINGS Showing 900% Increase in REVS from last Q, FANTASTIC START FOR THIS CA MJ COMPANY! Company expecting to EXPONENTIALLY increase REVS Q after Q moving forward.. Great Time for Entry Position to this great Up and Coming Stock!
$LVVV FTW
My main thing is seeing increasing REVS Q after Q, I would expect reported losses however every Q for some time now, as they continue to expand and grow the company out. HOWEVER, with the potential amount of revenue that can be generated here.. anything is possible! lol Especially once they get ROBLES fitted up for full operation.
$LVVV FTW
FILINGS FOR LVVV: This is a FANTASTIC START for this company..Revenues are expected to increase EXPONENTIALLY Q after Q moving forward..
https://backend.otcmarkets.com/otcapi/company/financial-report/228675/content
$LVVV FTW
LiveWire Ergogenics Announces Distribution and Private Label Agreement with Basso Botanicals - First Manufacturer to Implement LiveWire’s 7X Pure™ Dosing and Verification System
Anaheim, CA – April 16, 2019 - LiveWire Ergogenics, Inc. (OTC: LVVV) announced today the Company has entered into a Distribution and Private Label Agreement with Basso Botanicals, a manufacturer of organically grown, full-plant, full-spectrum, active hemp oil extracts in a variety of products to help people and animals experience its various health benefits and promote a healthy lifestyle. Basso Botanicals will also be the first manufacturer to implement LiveWire’s 7X Pure™ Dosing and Verification system to ensure consumers Basso products are of the highest quality.
Basso Botanicals was founded in 2017 by Dale Halle and a group of individuals with a passion for the cannabis industry. This passion evolved further with the gathering of in-depth knowledge about the benefits of CBD and how it has been helping specific ailments or conditions for human and veterinarian applications that conventional medicine could not always adequately address. The Company’s mission is to be an industry leader in providing the highest quality CBD and cannabis products to aid in a variety of medical conditions and support healthy living.
Bill Hodson, CEO of LiveWire Ergogenics, Inc states, “Dale’s passion for quality and transparency, translate into some of the best products I’ve seen in the industry. We share a vision for the future, not only in product development and distribution channels, but also the importance of an extremely high set of standards, and the 7X Pure ™ Dosage and Verification system fits perfectly . Basso Botanicals is well-respected in the industry and its quest to develop only the highest quality pharmaceutical grade products for the consumer perfectly mirrors LiveWire’s approach to a changing cannabis industry whose customers’ demand clean, high-quality and certified product. This relationship supports our continued efforts to become the leading, vertically integrated cannabis company.”
Basso Botanicals’ forward-thinking management team is working diligently to provide organically grown, full-plant, full-spectrum CBD in a variety of products. These products currently include tinctures/oils, topicals, gel caps, gummies, and dog treats that are of the highest quality elements and tested free of THC. Basso Botanicals provides the highest quality full-spectrum, whole plant extractions from Hemp plants grown in America. This process ensures that all essential vitamins, minerals, fatty acids, proteins, and anti-oxidants are available in all products
Basso Botanicals’ pharmaceutical grade products are THC-free, non-GMO, and free from any harmful preservatives or added ingredients with third-party lab certification identifying the contents of all our products. For more information visit https://bassobotanicals.com
Basso Botanicals is the first manufacturer that will implement LiveWire’s 7X Pure™ Dosing and Verification system to verify and certify the dosing and pureness of all products manufactured by Basso and distributed by LiveWire. LiveWire’s plan is to establish its 7X Pure™ Verification System as the gold standard in the industry. For more information please visit 7xPure.com
In cooperation with Basso Botanicals’ team LiveWire will also begin the development and production of Private Label LiveWire 7X Pure™ tested high-end CBD and cannabis products and market and distribute these products worldwide.
For more information about LiveWire Ergogenics, visit http://www.livewireergogenics.com. For nonmaterial updates, follow LiveWire Ergogenics on Twitter @livewireLVVV. Download the Stockwatchindex Research Report at www.swiresearch.com/report-index.