Livewire Ergogenics Inc (LVVV)

[RickRat]

The Reason…Because its money made from selling Marijuana which is still very much Federally Illegal. Which means…If the money was in the company’s account in a bank…If they wanted to The Federal Government could seize that money and that would definitely hurt the stock. There is a long list of MJ company’s that are doing the same thing and have been ever since inception. There are several that do same thing this company does...Own the property and rent it out and that's the biz - for now. That will definitely be a changing when the time is right.

The Secure and Fair Enforcement Regulation Banking Act which was passed by The Senate today will change all that for all those companies. They will then feel safe and re-assured that their profits can then go into the company accounts and onto the balance sheets.

https://www.cnbc.com/2023/09/27/marijuana-financing-bill-safer-banking-to-move-forward-in-congress.html