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LiveWire Ergogenics Inc. (OTC: LVVV) has announced an expansion of its cultivation area on Estrella Ranch by two acres, bringing the total area to over 130,000 square feet. This expansion comes as a response to increasing demand for its sun-grown cannabis products. The company has commitments from two prominent California cannabis brands for private label cultivation and plans to market products under the 'Estrella Weedery' brand. CEO Bill Hodson emphasized the company's focus on California's regulatory environment and stated that expansion is driven by market demand rather than federal regulations.
LiveWire Ergogenics Inc. (OTC: LVVV) announced that its affiliate, Makana Ola Farms, has received a cannabis cultivation license from California's Department of Cannabis Control. Following this, LiveWire has finalized its acquisition agreement, which involves issuing ten million restricted shares. This acquisition enhances LiveWire's portfolio, promoting environmentally sustainable cannabis cultivation. The company plans to leverage its expertise in California's cannabis sector to expand further, seeking new properties and strategic partnerships for growth and revenue enhancement.
LiveWire Ergogenics (OTC: LVVV) has filed its Q3 2021 financial report and announced acquiring a majority equity stake in Estrella Ranch Partners, LLC. This acquisition is viewed as vital for consolidating financials and enhancing predictability in revenue generation. Q3 sales rose to $250,180 from $129,000 in 2020, while the company reported a loss of $2,403,318 due to increased non-cash expenses. Total assets grew to $4,167,537, with liabilities decreasing to $3,461,547, resulting in positive stockholder equity of $705,990. The company aims to expand operations into 2022.
LiveWire Ergogenics Inc. (OTC: LVVV) has formed the San Luis Obispo Cannabis Growers Alliance (SLOGrow.org) to enhance cooperation among cannabis growers and local communities in California. The Alliance aims to promote sensible cannabis oversight and advocate for responsible cannabis growth. Led by Executive Director Lisa Bugrova, it focuses on policy advocacy, compliance guidance, and education about the cannabis industry's positive impacts. SLO Grow seeks to unite growers and stakeholders to improve communication and professionalism within the legal cannabis sector.
LiveWire Ergogenics (OTC: LVVV) announced that its affiliate Estrella River Farms is expanding its cultivation area by two acres, increasing the total to over 130,000 sqft. CEO Bill Hodson highlighted the success of the initial harvest and preparations for a second before year-end. This expansion is seen as a critical step in scaling operations to achieve profitability in 2022. Estrella Ranch, located in Paso Robles, aims to become a hub for high-quality, organically grown cannabis products. The company emphasizes compliance with local regulations throughout its operations.
LiveWire Ergogenics (OTC: LVVV) announced the successful first harvest of estate-grown cannabis from Estrella River Farms, a key milestone after two years of development. CEO Bill Hodson highlighted their commitment to producing high-quality organic cannabis, reporting the harvest exceeded expectations and met optimal quality standards. The company plans to expand cultivation areas and expects a second harvest by year-end. Additionally, LiveWire acquired a minority stake in Makana Ola Farms to enhance operational efficiency and quality across both locations.
LiveWire Ergogenics Inc. (LVVV) has released a video tour of Estrella River Farms on Estrella Ranch, marking a major milestone in its journey to establish a leading organic cannabis operation in California. CEO Bill Hodson emphasizes the project’s significance, as Estrella River Farms prepares for its first harvest. The farm aims to produce premium, organic cannabis products to meet the increasing demand for handcrafted goods. LiveWire is focused on scalable operations and sustainability, with ambitions for growth in California's competitive cannabis market.
LiveWire Ergogenics Inc. (OTC: LVVV) has announced a Letter of Intent to acquire a 4.99% equity position in Makana Ola Farms, located in Humboldt, California, with an option for complete acquisition. This transaction involves issuing 10 million restricted shares, enhancing LiveWire's portfolio in sustainably grown cannabis. The acquisition aligns with LiveWire's strategy to boost production capacity and strengthen its operational relationship with Makana Ola Farms. The farm is nearing full operational status following local and state approvals for its 40-acre site.
LiveWire Ergogenics Inc. (OTC: LVVV) has provided an overview of the development progress at its Estrella Ranch in Paso Robles, California, focusing on high-quality cannabis production. CEO Bill Hodson announced plans for two harvests by the end of the year, with cultivation preparations already underway to double capacity by Q1 2022. The company's commitment to delivering on its promises is highlighted through various updates shared via short videos and social media.
LiveWire Ergogenics (OTC: LVVV) has announced a consulting and marketing service agreement with Makana Ola Farms in Humboldt, CA, adding to its portfolio of affiliates. CEO Bill Hodson highlights the company's experience in licensing and cultivation processes, which will aid Makana Ola's final state licensing steps. The 40-acre farm focuses on sustainable cannabis cultivation, echoing LiveWire's commitment to quality. This partnership aims to enhance production capabilities and expand LiveWire's presence in key cannabis markets.
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