Livewire Ergogenics Inc (LVVV)

[JDizzle]

LiveWire to Accelerate Paso Robles Estate Grown Weedery - Welcomes Applications by Third-Party Operators

Press Release | 06/25/2019

LiveWire Ergogenics, Inc. (OTC: LVVV) announced today that it is accelerating the customization of its newly acquired 265 acres property, Estrella Ranch "Estate Grown Weedery" in Paso Robles, California. Since the acquisition of the property, the Company has received very strong interest from third party operators to participate in the operation of one of the soon to be largest vertically integrated operations in California.



Reacting to the strong interest by third party operators, Livewire is currently in the process of accepting business plans by qualified operators to participate in the facility development and establish their customized operations on the property. LiveWire is planning to develop the Estrella Ranch "Estate Grown Weedery" into one of the largest, fully legal and vertically integrated high-end cannabis facilities and wellness retreats in California. The operations will be supported by a 25,000 square foot nursery adjacent to the property, operated under a separate Minor Use Permit. LiveWire, via its subsidiary GHC Ventures, LLC has already begun operation of a Statewide distributor division, operating under another permit for Statewide cannabis distribution in California, issued by the Bureau of Cannabis Control California.



LiveWire is considering partnerships, joint ventures and strategic alliances with carefully vetted and experienced operators in the cannabis industry to fully utilize this large property and the opportunity it represents for legitimate operators. Operators will have to go through a strict qualification process and meet the high standards that LiveWire has set for itself and expects its operators to meet. Operations will include outdoor and indoor facilities for cultivation, extraction lab and research facilities with ample power, water and storage capacity complimented by luxury recreational opportunities. The Company will also consider opportunities in the hemp market.



Bill Hodson, CEO of LiveWire states, "We have been working on this acquisition for about 12 months, making sure the suitability of the property for our operational purpose meets all conditions to operate legally on this incredible property. The Ranch will provide for high-class operations located centrally in the world renown California wine country, one of the most beautiful areas in the State. We have established strong relationships with local authorities, supported by the fact that we have already received a Minor Use Permit and have begun the build-out for our nursery adjacent to the Ranch. We are in talks with several operators and we will make sure that only the best will be operating on the ranch."



The Initial development will be comprised of 265 acres that can be expanded to a total of 450 acres as demand dictates and at the sole discretion of LiveWire. The property is equipped with an abundant water supply of natural springs and artesian wells, high-power pumps feeding a sophisticated irrigationsystem, ample electricity and multiple storage buildings and elaborate equestrian facilities consisting of 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 and a total of approximately 50,000 square feet of additional building space, beautiful recreational areas with an exquisite Spanish-style main estate and two additional residences that can house up to 30 people.



Estrella Ranch Estate Grown Weedery Video


Operators that want to apply please send email to [e-mail]
with a one page description of your company's operations and products.

For more information about LiveWire Ergogenics, visit http://www.livewireergogenics.com. For non-material updates, follow LiveWire Ergogenics on Twitter @livewireLVVV. Download the Stockwatchindex Research Report at www.swiresearch.com/report-index.