Welcome to our dedicated page for Livewire news (Ticker: LVVV), a resource for investors and traders seeking the latest updates and insights on Livewire stock.
Livewire Ergogenics Inc. (LVVV) combines strategic real estate management with organic cannabis production, serving California's medical and recreational markets. This news hub provides investors and industry observers with essential updates about the company's operational milestones, regulatory compliance, and market positioning.
Access timely announcements regarding facility expansions, product innovations, and sustainability initiatives. Track developments in organic cultivation practices and property acquisitions that drive LVVV's vertically integrated business model. Our curated news collection serves as your primary resource for understanding how real estate assets underpin premium cannabinoid production.
Find updates on licensing achievements, partnership agreements, and quality control advancements. Bookmark this page to monitor how LVVV navigates the evolving cannabis landscape while maintaining strict organic standards and asset-backed operational stability.
LiveWire Ergogenics Inc. (OTC: LVVV) has filed a second Regulation A offering, aiming to raise $6.25 million at an initial share price of $0.05. This follows a positive response to their first offering, reflecting strong demand. The funds will primarily be utilized for land acquisitions, enhancing cultivation capacities, and implementing sustainable practices at Estrella Ranch. The company intends to triple current output and commence construction for a second cultivation acre. This strategic move aims to provide a transparent investment avenue while minimizing shareholder dilution.
LiveWire Ergogenics Inc. (OTC: LVVV) announced that its affiliate, Estrella River Farms, received the final "Approval to Operate" letter from the County of San Luis Obispo, California. This approval allows for the commencement of cannabis cultivation on the historic Estrella Ranch in Paso Robles. The process took nearly two years, and the company aims to implement its business plan while generating revenue and profits. Estrella Ranch, known for its premium organic outdoor flower, is located in California's wine country.
LiveWire Ergogenics Inc. (OTC: LVVV) announced the successful closure of its Regulation A Offering, fully subscribed for the maximum amount as of June 17, 2021. This achievement follows strong investor interest, prompting an amendment to increase the share price. The funds will accelerate the development of the Estrella Ranch project, aiming to establish the first Estate Grown Weedery. The company focuses on managing cannabis real estate to produce high-quality, organic cannabis products for medical and recreational use in California.
LiveWire Ergogenics Inc. (OTC: LVVV) has received approval for its cannabis cultivation license at the historic Estrella Ranch in California. This marks a significant milestone for its affiliate, Estrella River Farms, enabling the cultivation of organically grown cannabis in a unique 'Estate Grown Weedery' model. The process took 20 months, and the initial outdoor cultivation will commence post-county inspection. The company aims to scale operations in line with evolving legal frameworks, having already established distribution partnerships to ensure market entry.
LiveWire Ergogenics Inc. (OTC: LVVV) reported its first-quarter financial results for 2021 and provided updates on the permit application for its affiliate, Estrella River Farms. The company generated $83,000 in revenue, down from $141,815 in Q1 2020, while reducing its net loss to $338,794 from $2,063,480 year-over-year. The permit process has been lengthy due to California’s stringent regulations, but improvements are expected with proposed agency centralization. Despite not starting cultivation yet, the company is nearing completion for operations and plans to avoid significant share dilution.
LiveWire Ergogenics Inc. (OTC: LVVV) reported a strong financial performance for 2020, achieving $580,315 in revenue, marking a 68% increase from 2019. The company also reduced its net loss by 5% to $1,621,009. Key developments include nearing the completion of the Estate Grown Weedery™ at Estrella Ranch in California, which aligns with local regulations for cannabis cultivation. Additionally, LiveWire has partnered with QDG Agriculture to facilitate cultivation efforts, indicating readiness for growth in the cannabis sector.
LiveWire Ergogenics (OTC: LVVV) reported financial results for 2020, generating $580,315 in revenue, marking a 68% increase from 2019. The company also improved its net loss by 5%, reducing it to $1,621,009. LiveWire is nearing the final phase of its permitting process for cannabis cultivation at Estrella Ranch, California, and has partnered with QDG Agriculture to begin cultivation soon. Despite challenges, the company continues to manage operational expenses and maintain a disciplined cash strategy.
LiveWire Ergogenics (LVVV) has expanded its management team ahead of securing an operational permit for the world's first "Estate Grown Weedery" at Estrella Ranch in California. This strategic move aims to enhance operational, sales, and marketing activities while maintaining low overheads. New appointments include William Riley as President, Jeff Dole as Vice President of Central Coast Operations, and AJ Moreno as Compliance Manager. Each brings extensive experience in their respective fields, signaling a robust approach to establishing a new cannabis category and expanding the company’s footprint in the health and wellness sector.
