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.
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