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He didnt say specifically, but i will ask and see if i can get clarification. I am assuming its a mile away from the house and additional buildings they have as it would be the only other marker to base it off of it seems anyways.. All else is just land, cows, and a few Bulls. lol, plus he said it would feed the ranch perfectly. So it makes sense to me logistically speaking.
Anyhow, i am heading there end of this month to check it out.
No, i am telling you exactly what i was told. It is in fact on the same property.
I asked , and he said it was on the same Ranch Property, about a mile away, and that it will feed the ranch perfectly.
$LVVV
With all that they have going on NOW, i would agree with you 100%. The acquisition was huge.. but at this point, its behind us now, so moving forward we need 100% focus on the build out, and REVS.. Which i fully believe is where they are at now..
Production is in fact key focus now that we have this.. The ranch is anything BUT a great distraction however. LOL! It is HUGE and a great focus point for this business.
Did we forget that the Robles Location is ON THE SAME PROPERTY?? It only makes sense for this to happen.. There is obviously a big time investor involved here. Do you really think they would put up millions into this operation not having a plan in place? One that took almost a year to come to fruition?
$LVVV FTW
Better than the 850 red paint job someone else decided to do LOL...
Per the PR
“Estrella Ranch will also benefit from products produced in the Company’s nursery and its cloning operation in a separate location on the same property and in in Coachella, California”
$LVVV
LiveWire Ergogenics Twitter Update
@livewireLVVV
Estrella Ranch comes equipped with multiple offices that will be used as headquarters for Cultivation, Manufacturing and Transport. Additional rooms designated for processing, harvest storage, packaging, quarantine, employee break room & transport loading/unloading. We got this!
$LVVV
Yes..it is all on the same ranch..
Now that they have wrangled this bad boy down, im thinking this is gonna free them up now to start gunning operations in Robles / Coachella on full throttle. Summer times are usually slow for stocks.. but if the news is big/good enough.. we can still see a MASSIVE run here imo.
Add while you can, i get the feeling these prices are going to get lost in the dust!
$LVVV
LiveWire Ergogenics Subsidiary GHC Ventures Enters into Distribution Agreements with Two Leading California Cannabis Manufacturers
https://www.marketwatch.com/press-release/livewire-ergogenics-subsidiary-ghc-ventures-enters-into-distribution-agreements-with-two-leading-california-cannabis-manufacturers-2019-04-02-91842956?mod=mw_quote_news
$LVVV
Livewire has a sophisticated and solid business plan, is run by an experienced management and development team and will be able to
satisfy typical financial industry due diligence requirements, once it has up-listed to OTCQB.
Livewire is still in the startup development stage but has begun implementing core sections of its business plan. The Company’s initial focus will be on California, but is prepared to expand nationwide, once legally and economically feasible. Livewire has executed several key development and strategic alliance agreements and has acquired minority equity interest in three established cannabis companies. The Company has obtained its first two permits for the legal operation of its cultivation/nursery production facility in the city of Coachella, California and has been granted a statewide distribution license. It has brought its OTC filings up to date and has submitted its application for up-listing to OTCQB.
Audits for the last two operating years have been completed, published and filed with the OTC. The company is committed to
consistently provide details of its plans, actions and results to provide full transparency to the public. Livewire expects to start generating revenues beginning in the 3rd to 4th quarter of 2018.
While the company’s strategic moves are not yet complete, LiveWire is well positioned in a sector of the industry with high barriers of
entry and has developed a branded strategy that should be attractive to investors in the “new” cannabis industry. Livewire will enter into
carefully evaluated agreements to raise the required funds to secure working capital required for the execution of its plans, without
generating extraordinary dilution for it existing shareholders. This should make it an attractive target for individual investor and retail
investors alike and will allow the Company to measurably spend on R&D and marketing and capture new markets via JVs and acquisitions.
$LVVV
7X COMPLIANCE & DOSAGE VERIFICATION SYSTEM PROCESS FLOW
The 7X Pure Dosage and Verification system is an assembled set of verified documents pertaining to compliance and dosage claims and the assignment of a lot-code relating to the sum of all seven highly scrutinized parts.
Steps-01.
Audit Supplier – Identify supplier non conformances in the import and process of raw materials
Review Certificate of Origin – trace and track the origin of the raw material
Review Certificate of Analysis – every lot of raw material should have a C of A, this should be reviewed before considering next steps
Steps-02
Cannabinoid Summary – Identify the strain in the cannabinoid profile via lab testing.
Total Active Cannabinoids – Identify the active cannabinoids. There are over 66 chemicals unique to the plant.
Terpene test results - terpene analysis is crucial for differentiating strains of cannabis as terpenes have a major influence on the medical and psychological effects of a plant.
Steps-03
Pesticide test – verify the safety of the medicine. A pesticide test can detect trace amounts of chemical pesticides in dried flowers and cannabis concentrates.
Microbiological Test – verify the results regarding the presence and breeding of micro-organisms such as specific pathogens, bacteria, yeast and mold.
Residual Solvent Test - identify the presence of harmful solvents impurities and/or other added odorants and chemicals present in super-concentrated forms.
Steps-04
THC Dosage – identify the percentage of THC in the strain. One gram of cannabis equals 1000mg of dry weight with the total THC content of 100mg.
CBD Dosage – identify the percentage of CBD.
Legal Dosage compliance for oils and edibles – review state requirements and verify dosage conforms to label claims supported by lab testing.
Steps-05
Food Safety Audit - verify proper food safety practices at processing facilities. This report data is used to help select suppliers and validate internal policies and procedures.
HACCP Plan (Hazard Analysis of Critical Control Points - Storage and distribution of a food product is scientifically analyzed for microbiological, physical and chemical hazards.
FDA / Bioterrorism Plan - Verify the manufacturer has registered under the Public Health Security and Bioterrorism Preparedness and Response Act of 2002
Steps-06
Benefit Claims - Structure/function claims may describe the role of a nutrient or dietary ingredient intended to affect the normal structure or function of the human body.
Labeling requirements – Verify primary panel and informational panel adhere to state laws such as font size, “cannabis-infused”, manufacturer contact information and website
Labeling restrictions – confirm labeling does not contain false origin of cannabis grown, cartoon imagery or product that imitates candy packaging.
Steps-07
Sound statistical sampling of finished product to insure accuracy - determine whether to accept or reject a production lot as products leaves the plant, or prior to distribution.
Reserve sample (retains)of each product lot - Hold reserve samples under conditions consistent with product labels or under ordinary storage conditions.
Final Certificate of Analysis of finished product - Verify that the product meets its product specification. The final C of A should contain the actual results obtained from testing performed as part of quality control of an individual batch of the product.
7x-Verification.png
IF STEPS 1-7 ARE VERIFIED,
ASSIGN LOT CODE.
DD: Clones have a quick profit cycle. Once they get set up, 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.
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.
$LVVV
EXPERT FOCUS ON CLONING - NOT GROWING
The Company’s experts have over 25 years of combined experience in this burgeoning industry
and have assembled a massive genetics cloning library, over 160 stable strains, which is now available to LiveWire for
exploration and commercialization. This sector has high barriers to entry, considering the scientific
knowledge required to cultivate and propagate plants, and to understand the complex techniques
to study and produce new generations of desirable strains. The Company has a deep understanding
of the new technologies that are rapidly approaching and is aggressively exploring
new advances in cloning techniques, such as tissue culture cultivation. The Company’s near-term
plan is to support and guide the efforts of its experts to establish a legal, profitable and sustainable
business model that explores such new and potentially extremely profitable technologies and
markets in California, with the long-term goal of expanding nationally, as soon as legally feasible LVVV continues its push into the medical and recreational marijuana business to become the premier supplier for genetics cloning.
$LVVV
Investment Highlights of LVVV off the updated StockWatch report..
• Obtained cultivation/nursery and distribution permits from the city of Coachella, California
• Applied for permits at two more CA locations
• Approved for CA State distribution license from the California Bureau of Cannabis Control
• Acquired two minority equity positions and has entered master distribution agreements with three well established cannabis development and distribution companies
• Installed the first of four state-of-the-art self-contained production PODs at its California facility
• Entered development agreements with experts in plant genetics and modern horticulture technology with 25 years of experience in the cannabis industry
• Engaged renown expert legal, environmental engineering and compliance teams
• Engaging research teams with highly recognized and published experts to commence with leading-edge research to explore the application of cannabinoid products in several underserved sectors.
• Exploring and developing new advances in cloning techniques such as tissue culture cultivation, safety processes, dosage and efficacy of various combinations of CBD/THC and terpene profiles
• Expansion into the sports and cosmetics markets for CBD or THC infused products
• Developing a proprietary “7xPure Compliance & Dosage Verification System” to become the industry “Gold Standard”. Accepted by the city of Coachella as official application system for CUP applicants
• Researching and reviewing potential acquisition targets and strategic alliances
Great report worth reading on the company
$LVVV
5000 sq ft grow = $millions annually.. and WE HAVE A 25k Square Foot Facility! Soon as they have this set up, contracts in place...They will be ROCKING it out..
* McDaib Broke this down for us *
Here's a breakdown of square footage production estimates for clones. Been doing this for 15+ years in Oregon and have a fairly good handle on realistic projections:
1) Avg clone needs at least 4" X 4" to grow horizontally, 12" vertically and be ready for sale in 3-4 weeks (each cutting needs to take root and show signs of vigor which can take 3-4 weeks).
2) Grow platforms can reasonably have a height of 12' and be manageable (with moveable ladders). Each horizontal level of the grow will need about 12 inches in height to allow for lighting, container and plant. That means a pod with 12' ceilings can grow 108 clones per sq ft of floor space on 12 verticle levels. I think the current pods used by LVVV are 8' but that can be altered so I'm going to stick with the 12' verticle height. (Height, and therefore production can be adjusted to whatever it is).
3) With 12' ceilings there would be 12 levels of clones, lights, containers, etc. Each sq ft of floor space would produce 108 clones.
4) With a 4 week rotation that means 108 clones per sq ft X 5,000 sq ft = 540K clones per month. 540,000 X 12 (months) = 6,480,000 clones produced yearly.
5) If Colorado, Washington and Oregon are any indication then LVVV can expect to receive between $10.00 and $35.00 per clone on a wholesale basis. Clone value depends on strain (THC and CBD percentages, length of time to harvest, quality of end product, reliabilty of strain genetics, buzz surrounding strain, etc, etc.).
6) If we assume a conservative average wholesale price per clone of $10.00 then a 5000 sq ft area that is 12' high should return a gross revenue yearly to LVVV of $648 million. The 7X Pure platform of LVVV could raise this average to much more. Especially with the just approved distribution license and LVVV's ability to gain the confidence of the industry who know what they may be able to get per clone.
How many square feet does LVVV need under cultivation and with the 7X Pure seal of approval to make every long on this board considerably better off?
NO BRAINER!!!
$LVVV
AIMHO, of course.............
State Distribution License Points:
First, It is 100% necessary to have this if cultivators and manufacturers want to get their products to retailers. Why? There are three primary reasons:
1 - Distributors are the only license type that can transport marijuana products and they’re also the only licensees that can coordinate the required third-party testing of licensees’ products.
- 7x PURE
2 - Prior to any retail sale, licensees must ensure that a distributor undertakes quality assurance packaging and labeling reviews of their products. hello again. 7X PURE
3 - Perhaps most importantly, distributors are almost exclusively in charge of collection and remittance of the cultivation and excise taxes to the California Department of Tax and Fee Administration (“CDTFA”). 7X Pure again w/ its Block Chain Technology.
HUGE SEGWAY FOR 7X PURE HERE FOLKS..
$LVVV
LiveWire is one of the few emerging, handful of leading-edge and well-managed companies with a solid business model and led by an experienced and credible management and development team.
The Company is conducting credible research, has secured the first production license, will develop high-quality products, is establishing a 7X Verification and Dosing System and expected to generate significant value moving forward. LiveWire’s model is driven by the increasing market demand for legal, high-quality products and reliable services that will allow the Company to remain viable long term. LiveWire believes that it can execute on its business plan in a timely manner and will be able to generate significant ROI for its investors, subject to the timely availability of the required working capital. While current efforts are focused on the legal sector of the cannabis market, the expected regulatory relaxation of the rules and regulations by the Federal Government and a removal of CBD from the Schedule 1 should accelerate the sector growth even further. The currently existing uncertainty combined with rapidly accelerating growth is creating an early investment opportunity, similar to the early investment opportunities generated by the now top of the charts pioneer internet companies.
$LVVV
Already booked the flight. Gonna head into San Fran, take a drive out that way.. its around a 2 and a half hour drive or so from San Fran, about the same from LA.. But my wife never been to San Fran, so were gonna take a couple days out there as well.
$LVVV
Well, He is obviously well funded to do this, it took them almost, if not a full year just to get to this point...LOTS of planning, research, time and energy went into this...This is anything BUT a Hail Mary pass, but more of a well thought out plan, strategically located even, I am STOKED with what they are doing here and have going on..
Remember, The Robles Permit they just got for that 25 sqft place is on the SAME ranch they just bought as well. so it seems the 25k a month lease they just signed is now scrapped... Coachella is already selling, distribution is now starting to move, and once Robles is fully operational there will be more than enough in Revs to swallow any of their debts with ease imo.
This deal just made things VERY real with this company...an acquisition of this size will turn many heads in LVVVs direction.. as GCM stated earlier.. we could have a perfect storm brewing here!
$LVVV
EXACTLY, one thing comes to my mind is 7X Pure....the program side...I feel this one is gonna take us by storm one day...the most overlooked opportunities coming out of this company yet imo....
$LVVV
Great info and insight GCM. All I know is this company just took a HUGE step andValuation just SKYROCKETED...
$LVVV
Exactly, their goal is to be throughout the state, Robles could be the main hub where all is produced etc..but all and any other locations could be distribution points for the business...this plan of theirs could be sickly big...
Lets face it, Robles alone in full operation would swallow up any debt and then some for this acquisition and many more for that matter.. PARTY AT ESTRELLA RANCH! LOL I’m going.
$LVVV FTW
Yep..smack dab in the middle between San Fran and LA.. think I’m gonna plan a visit sometime in June
$LVVV
Nice quote Zig...that’s the truth. Big things in play for LVVV.. No amount of complaining gonna stop this train!
$LVVV
LOL! With a lifetime supply of STEAKS!
$LVVV
That's a winner. I believe a word from Bill. A company that generates almost millions in revenues, loosing a 0 million dollars a Q, and now buying a ranch worth 35 million dollars. From here the money comes?
Actually It’s a cattle ranch now, lots of STEAKS rolling around dem dar hills lol... this location is PRIME land....location is perfect..not only that, the area is one of the best places to be in the state..FERTILE SOIL.. agriculturally PRIMO... there is a river near buy, The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigation system, ample electricity and beautiful recreational areas....
This just couldn’t get any better! LOAD AND HOLD
$LVVV
Also not too mention..they could scrap the 25k lease now...Robles clone operation is on the same property
BOOYAAAA
LVVV
Oh come on Doc, u know that’s chump change for Bill. LoL the property was purchased by a newly formed subsidiary of the company as stated in the PR. I’m sure we will get the skinny once they get UpListed sometime next month.. : )
BTW, this has been a work in progress for almost a whole year...the amount of work, time, research, legal, planning efforts in making this happen must have been enormous..I mean really, 450 ACRES?? , WOWZERS!
$LVVV
LiveWire Ergogenics Announces Purchase of 450-Acre Historic California Ranch Property to Develop Premier Cannabis Operation in California
Unbelievable, if anyone thinks buying a 450 acre ranch to expand the company out to one of the LARGEST Vertically integrated, High-end cannabis facilities and wellness retreats in CA is playing with our money, well then HAVE AT IT BILL! KEEP PLAYING! LMAO!!
$LVVV FTW
No, the float is only at 500 million. She can move fast. There have been NO Share Issuances since Feb 6 of this year, and this acquisition of 450 acres is HUGE for the company. A MAJOR MILESTONE! Not only that, UpList WILL HAPPEN as well. Twitter Bill stated they are shooting for 60 days, which should put us out sometime in JUNE.
$LVVV
There have been ZERO share issuance's since Feb 6 of this year.. It has all but stopped since
**MASSIVE NEWS! LVVV **
LiveWire Ergogenics Announces Purchase of 450-Acre Historic California Ranch Property to Develop Premier Cannabis Operation in California
May 23, 2019 16:41 ET | Source: LiveWire Ergogenics, Inc
Anaheim, CA, May 23, 2019 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that its subsidiary Estrella Ranch Partners, LLC has finalized the purchase of a historic ranch property in Paso Robles, the center of the renown California wine country. Under the terms of the Purchase Agreement the first phase of the transaction, the acquisition of 265 acres has been concluded and the Company has executed an exclusive option to acquire the remaining 185 acres at any time within a 12-month period.
The Company intends to transform this majestic property into the world’s first “Estate Grown Weedery”, and develop it into one of the largest, vertically integrated, high-end cannabis facilities and wellness retreats in California.
The property, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, will be managed by LiveWire Ergogenics and host essential cannabis cultivation, manufacturing and research facilities. In order to fully utilize this exquisite property, the Company will also establish a cannabis-based health and wellness retreat and provide educational and recreational experiences for shareholders, industry partners, local governments and State agencies. All escrow contingencies have been removed and the Company’s newly formed subsidiary, Estrella Ranch Partners, LLC took possession of the property on May 23, 2019. Estrella Ranch Partners has already commenced with the permit application process and will begin retrofitting existing structures and necessary buildouts as soon as possible.
Bill Hodson, CEO of LiveWire states, “This is by far the most significant milestone in our company’s development and possibly the most significant real estate acquisitions in the entire California cannabis industry. During the last twelve months, our management team, legal, environmental and architectural consulting firms have concluded the extensive due diligence process and confirmed the suitability of the property for the operation of our fully legal, “closed-loop” cannabis production facility. We have closed escrow on the first 260-acres for $6 million with an exclusive option to acquire the remaining 185-acres. Estrella Ranch is located on the Central Coast of California, midway between Los Angeles and San Francisco and just 30 minutes from the Pacific Ocean. We will immediately begin developing it into the center piece of our business model with the goal to develop it into a shining example for the entire cannabis industry, and Estrella Ranch branded products soon will be recognized as one of the finest in California. We would not have been able to achieve this without the continuing support of our loyal shareholders and I would like to take this opportunity to thank these shareholders for their support in our quest to become a major force in the wellness industry.”
LiveWire will consider partnerships, joint ventures, strategic alliances and create networking opportunities with the best operators in the cannabis industry, exploring the opportunities for those companies to operate on the Estrella Ranch-Estate Grown Weedery property, with the goal to create a cannabis production and retreat of unrivaled excellence in California. Operations will include cultivation, extraction, lab and research facilities complimented by luxury recreational opportunities. The Company is also considering growing hemp to take advantage of the sprawling acreage and beneficial topographical features of the property. This will add to the value of the company’s already awarded Minor Use Permit for its nursery in Paso Robles and the State-wide California distribution license granted by the California Bureau of Cannabis Control based in Coachella, California.
Third Party Operators Welcome
Over the past several months, LiveWire has been preparing its plan to develop one of the most exclusive, vertically integrated cannabis operations in California. The Company will enter into carefully selected strategic alliances and contract with select experienced and credible operators from different sectors of the cannabis and wellness industry. Operators will have to meet the high level of standards that LiveWire has established for all operations that want to operate a turnkey and fully legal cannabis production platform on this property. In addition, Estrella Ranch will also benefit from products produced in the Company’s nursery and its cloning operation in a separate location on the same property and in in Coachella, California, to expedite the start of production on the Ranch, according to the Company’s focus on “Best-in-Class” operations. The Company will strictly comply with all Federal, State and local laws and rigorously maintain the natural beauty and openness of the Paso Robles property and its surroundings.
Estrella Ranch – Historical Significance
Estrella Ranch has a longstanding history, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, is considered among the finest Ranches in California and the gem of the California Central Coast. The acquired property sits within a 21,000-acre property of pristine countryside of rolling hills and gorgeous views traversed by 1.75 miles of the Estrella River. The Company’s recently permitted nursery is located within this massive property, about a mile from Estrella Ranch and will supply “babies” and “teens” to the indoor and outdoor cultivation operations with proprietary and sought-after strains under strict supervision and quality control.
Residential Buildings and Turnkey Structures
The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigation system, ample electricity and beautiful recreational areas with an exquisite Spanish-style main estate and two additional residences that can house up to 30 people. Storage buildings and elaborate equestrian facilities surround four equestrian barns and thirty-five stables. This is complimented with both covered and open arenas, a pole barn, additional workshop and ranch headquarters with seven offices.
Taking full advantage of these abundant and well-suited buildings with over 50,000 square feet of possibility, LiveWire is designing and will build a truly unique property that consists of indoor and outdoor cannabis operations, manufacturing facilities and the LiveWire 7X Pure testing and verification lab. The operation will eventually be supplemented with educational workshops, entertainment events and luxury recreational facilities focused on providing a comprehensive and unique cannabis related retreat experiences; all while maintaining the beauty and serenity of one of the most gorgeous landscapes in California.
Watch The Video Here
**MASSIVE NEWS! LVVV **
LiveWire Ergogenics Announces Purchase of 450-Acre Historic California Ranch Property to Develop Premier Cannabis Operation in California
May 23, 2019 16:41 ET | Source: LiveWire Ergogenics, Inc
Anaheim, CA, May 23, 2019 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that its subsidiary Estrella Ranch Partners, LLC has finalized the purchase of a historic ranch property in Paso Robles, the center of the renown California wine country. Under the terms of the Purchase Agreement the first phase of the transaction, the acquisition of 265 acres has been concluded and the Company has executed an exclusive option to acquire the remaining 185 acres at any time within a 12-month period.
The Company intends to transform this majestic property into the world’s first “Estate Grown Weedery”, and develop it into one of the largest, vertically integrated, high-end cannabis facilities and wellness retreats in California.
The property, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, will be managed by LiveWire Ergogenics and host essential cannabis cultivation, manufacturing and research facilities. In order to fully utilize this exquisite property, the Company will also establish a cannabis-based health and wellness retreat and provide educational and recreational experiences for shareholders, industry partners, local governments and State agencies. All escrow contingencies have been removed and the Company’s newly formed subsidiary, Estrella Ranch Partners, LLC took possession of the property on May 23, 2019. Estrella Ranch Partners has already commenced with the permit application process and will begin retrofitting existing structures and necessary buildouts as soon as possible.
Bill Hodson, CEO of LiveWire states, “This is by far the most significant milestone in our company’s development and possibly the most significant real estate acquisitions in the entire California cannabis industry. During the last twelve months, our management team, legal, environmental and architectural consulting firms have concluded the extensive due diligence process and confirmed the suitability of the property for the operation of our fully legal, “closed-loop” cannabis production facility. We have closed escrow on the first 260-acres for $6 million with an exclusive option to acquire the remaining 185-acres. Estrella Ranch is located on the Central Coast of California, midway between Los Angeles and San Francisco and just 30 minutes from the Pacific Ocean. We will immediately begin developing it into the center piece of our business model with the goal to develop it into a shining example for the entire cannabis industry, and Estrella Ranch branded products soon will be recognized as one of the finest in California. We would not have been able to achieve this without the continuing support of our loyal shareholders and I would like to take this opportunity to thank these shareholders for their support in our quest to become a major force in the wellness industry.”
LiveWire will consider partnerships, joint ventures, strategic alliances and create networking opportunities with the best operators in the cannabis industry, exploring the opportunities for those companies to operate on the Estrella Ranch-Estate Grown Weedery property, with the goal to create a cannabis production and retreat of unrivaled excellence in California. Operations will include cultivation, extraction, lab and research facilities complimented by luxury recreational opportunities. The Company is also considering growing hemp to take advantage of the sprawling acreage and beneficial topographical features of the property. This will add to the value of the company’s already awarded Minor Use Permit for its nursery in Paso Robles and the State-wide California distribution license granted by the California Bureau of Cannabis Control based in Coachella, California.
Third Party Operators Welcome
Over the past several months, LiveWire has been preparing its plan to develop one of the most exclusive, vertically integrated cannabis operations in California. The Company will enter into carefully selected strategic alliances and contract with select experienced and credible operators from different sectors of the cannabis and wellness industry. Operators will have to meet the high level of standards that LiveWire has established for all operations that want to operate a turnkey and fully legal cannabis production platform on this property. In addition, Estrella Ranch will also benefit from products produced in the Company’s nursery and its cloning operation in a separate location on the same property and in in Coachella, California, to expedite the start of production on the Ranch, according to the Company’s focus on “Best-in-Class” operations. The Company will strictly comply with all Federal, State and local laws and rigorously maintain the natural beauty and openness of the Paso Robles property and its surroundings.
Estrella Ranch – Historical Significance
Estrella Ranch has a longstanding history, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, is considered among the finest Ranches in California and the gem of the California Central Coast. The acquired property sits within a 21,000-acre property of pristine countryside of rolling hills and gorgeous views traversed by 1.75 miles of the Estrella River. The Company’s recently permitted nursery is located within this massive property, about a mile from Estrella Ranch and will supply “babies” and “teens” to the indoor and outdoor cultivation operations with proprietary and sought-after strains under strict supervision and quality control.
Residential Buildings and Turnkey Structures
The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigation system, ample electricity and beautiful recreational areas with an exquisite Spanish-style main estate and two additional residences that can house up to 30 people. Storage buildings and elaborate equestrian facilities surround four equestrian barns and thirty-five stables. This is complimented with both covered and open arenas, a pole barn, additional workshop and ranch headquarters with seven offices.
Taking full advantage of these abundant and well-suited buildings with over 50,000 square feet of possibility, LiveWire is designing and will build a truly unique property that consists of indoor and outdoor cannabis operations, manufacturing facilities and the LiveWire 7X Pure testing and verification lab. The operation will eventually be supplemented with educational workshops, entertainment events and luxury recreational facilities focused on providing a comprehensive and unique cannabis related retreat experiences; all while maintaining the beauty and serenity of one of the most gorgeous landscapes in California.
Watch The Video Here
Estrella Ranch – Historical Significance
Estrella Ranch has a longstanding history, once owned by George R. Hearst, the eldest grandson of the late William Randolph Hearst, is considered among the finest Ranches in California and the gem of the California Central Coast. The acquired property sits within a 21,000-acre property of pristine countryside of rolling hills and gorgeous views traversed by 1.75 miles of the Estrella River. The Company’s recently permitted nursery is located within this massive property, about a mile from Estrella Ranch and will supply “babies” and “teens” to the indoor and outdoor cultivation operations with proprietary and sought-after strains under strict supervision and quality control.
Residential Buildings and Turnkey Structures
The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigation system, ample electricity and beautiful recreational areas with an exquisite Spanish-style main estate and two additional residences that can house up to 30 people. Storage buildings and elaborate equestrian facilities surround four equestrian barns and thirty-five stables. This is complimented with both covered and open arenas, a pole barn, additional workshop and ranch headquarters with seven offices.
Taking full advantage of these abundant and well-suited buildings with over 50,000 square feet of possibility, LiveWire is designing and will build a truly unique property that consists of indoor and outdoor cannabis operations, manufacturing facilities and the LiveWire 7X Pure testing and verification lab. The operation will eventually be supplemented with educational workshops, entertainment events and luxury recreational facilities focused on providing a comprehensive and unique cannabis related retreat experiences; all while maintaining the beauty and serenity of one of the most gorgeous landscapes in California.
Watch The Video Here