#LiveWire #Ergogenics #Announces #Letter #Shareholders
Dear Fellow Shareholders
Anaheim, CA, Oct. 05, 2022 (GLOBE NEWSWIRE) — LiveWire Ergogenics Inc. (OTC: LVVV)
Typically, we would not release another shareholder letter at this time of year, but we felt it crucial to keep you informed on some of the rapid developments over the last nine months. This letter summarizes our continuing efforts and achievements to develop Estrella Ranch in Paso Robles into California’s premier cannabis cultivation and destination facility. We have made considerable progress in realizing our vision to create the world’s first “Estate Grown Weedery” to cultivate the highest quality organic-style cannabis products on Estrella Ranch. We especially thank our Estrella team for their unwavering dedication to our cause and the loyal shareholders that have supported us on our journey; you are the reason we are here today.
During the initial pilot project on Estrella Ranch, Estrella River Farms cultivated the most beautiful sun-grown cannabis plants, proved the viability of our team’s organic style and tractor-less farming process, and delivered the initial harvest to our distribution and manufacturing partner. They confirmed that the product was of exceptionally high quality, and the THC content has created an exceptional oil for use in its widely recognized vape products. A portion of this initial harvest is being developed into the “Estrella Weedery” brand of value-added specialty products for marketing through our new distribution partners, Kushagram and Green Eagle. Both companies have well-established distribution and delivery services throughout California, with a central warehouse location in Los Angeles. We will begin focused branding and marketing campaigns as soon as the product is ready for sale.
Before we get into the company details, a quick word about the general financial market conditions. We live in times of heightened economic volatility, mainly caused by supply chain imbalances, a relic of the two-year pandemic,…
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