Anaheim, CA, July 6th, 2021 (GLOBE NEWSWIRE) – LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on the acquisition, management, and licensing of specialty real estate that produces high quality, handcrafted, and organic Real estate conducive to California-grown cannabis products for medical and recreational use by adults announced today that its subsidiary Estrella River Farms (“ERF”) has received its definitive “Approval to Operate” letter from San Luis Obispo County, California. This permit authorizes the operation of a commercial cannabis business as conditioned and licensed at the historic Estrella Ranch in Paso Robles, California.
The “Approved To Operate” letter was the final confirmation from the county to begin growing and plants are now ready to go into the ground. The official letter marks the end of nearly two years of arduous journey through the complex and time-consuming process of county and state law and environmental compliance.
Bill Hodson, LiveWire CEO and Executive Member of ERF, said, “Our teams have built a superb facility at Estrella Ranch. Their experience, hard work and dedication were instrumental in obtaining the license for the initial outdoor cannabis growing area and bring to life the world’s first Estate Grown Weedery ™. ERF can now officially begin growing the highest quality organically grown, handcrafted cannabis on a family-style farm in the most beautiful area of California’s Central Coast, surrounded by hundreds the best wineries in the country. “
“The rigorous and costly application and evaluation process took about 20 months and its successful completion is the most important milestone to date in the implementation of our long-term business plan. While we consider this to be only the beginning of our journey, this final approval will allow us to accelerate the execution of our business plan at Estrella Ranch. While the facilities are being prepared as you read this, LiveWire has continued its responsible strategy of accelerating growth and generating income and profits for its shareholders for years, “concludes Hodson.
About the Estrella Ranch
The Estrella Ranch was previously owned by the King of Morocco and later by the eldest grandson of William Randolph Hearst. Now considered the crown jewel of California cannabis properties, it is located in the heart of the Central Coast wine country – ideal for growing high quality organic outdoor flowers.
About LiveWire Ergogenics Inc.
The Company is focused on the acquisition, management and licensing of specialized “gated” turnkey cannabis real estate locations with fully compliant and approved turnkey facilities to manufacture cannabis-based products and services in California for national distribution of those products. This includes the development and licensing of high-quality organic cannabinoid-based products and services as well as the creation of the high-quality brand “Estrella Weedery”. LiveWire Ergogenics does not manufacture, sell, or distribute any product that violates the United States Controlled Substances Act. For more information, please visit: LiveWireErgogenics.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions about future events or the company’s future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. In evaluating such statements, prospective investors should carefully consider various risks and uncertainties identified in this press release, the company’s social media posts, and other matters identified in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those in the forward-looking statements.
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