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Monday, April 20, 2020 11:44:34 AM
https://merryjane.com/culture/why-choose-sungrown-cannabis-and-what-makes-outdoor-cultivation-superior
Good article on outdoor vs indoor grown cannabis. Outdoor is the most cost effective in the right climate.
LiveWire believes they can grow year round at their unique temperate location in California. If so it will be a big advantage over most outdoor growers without this unique opportunity.
Time will tell if this is possible, but if they can grow premium cannabis year round the current market cap doesn't reflect future earnings, which the company has guided at $25M annually.
The company has stated they look forward to producing the results we expect during 2020. Good progress to me will be seeing plants in the ground and cultivation related activity photo's on their social media.
Taking a starter to balance out my indoor grow stocks with some outdoor grown for diversity. Believe there is room for both to thrive. GLTA
https://www.globenewswire.com/news-release/2020/02/20/1987785/0/en/LiveWire-Ergogenics-Releases-Letter-to-Shareholders.html
Posts are my opinion only, and not advice of any kind. glta
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