LiveWire Ergogenics Signs Letter of Intent to Acquire Interest in California Licensed Cannabis Manufacturer Mojave Jane, LLC.
02 Mai 2018 - 3:00PM
InvestorsHub NewsWire
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Anaheim, CA -- May 2, 2018 --
InvestorsHub NewsWire -- LiveWire Ergogenics, Inc.
(OTC: LVVV), a
company focused on special purpose real estate
acquisitions, the licensing and management of fully compliant
turnkey production facilities for cannabis-based products
announced today that it has signed a Letter of Intent
with Mojave Jane, LLC, a licensed and legal
manufacturer of premium cannabis extracts and concentrates for the
California market.
According to the LOI, LiveWire Ergogenics,
through its wholly owned subsidiary GHC Ventures, has been granted
rights as the Master Distributor for all Mojave Jane products.
LiveWire will also acquire a minority equity interest in Mojave
Jane in an all-stock transaction and be granted a seat on the
company’s Advisory Board. Livewire has agreed to a 12-month option
to acquire 100% of Mojave Jane, LLC.
“This Master Distributorship for Mojave Jane’s
entire product line will allow LiveWire to generate significant top
line revenue for the companies,” states LiveWire CEO Bill Hodson.
“Acting as the Master Distributor will allow the two corporate
teams to get well acquainted with each other and provide both
parties with the opportunity to conduct thorough due diligence to
enter into a final agreement.”
Gary Latham, one of the Managing Members of
Mojave Jane adds, "LiveWire Ergogenics has assembled an impressive
team of experts and is executing on a solid strategy and plan.
We believe that LiveWire is on the path to be a market leader
and is a great platform for market penetration and sales in the
legal cannabis market. We are very excited to partner with LiveWire
and drive value to all of our respective
businesses.”
About Mojave Jane
Mojave Jane, LLC is a licensed and legal
manufacturer of premium cannabis extracts and concentrates for the
California market. Based in Coachella, CA, Mojave Jane
utilizes state of the art CO2 extraction technologies, organic and
pesticide free materials and advanced distillation techniques to
create an array of products for both recreational and medical
cannabis users.
About LiveWire Ergogenics,
Inc.
LiveWire Ergogenics, Inc. (LVVV) specializes in
identifying and monetizing current and future trends in the health
and wellness industry. The Company is focused on acquiring and
licensing specialized turnkey cannabis real estate locations and
establishing research partnerships to explore the application of
cannabinoid-based products to target specific ailments or
conditions with large “sufferer” populations for human and
veterinarian applications. This includes the cloning of cannabis
strains to produce positive medicinal results, dosing verification
of zero pesticide products for quality brands via its “7X Pure”
Cannabis Dosing and Verification System, and development and
licensing of high-quality cannabinoid-based products and services.
The team at LiveWire Ergogenics has a passion for research and is
committed to generating and implementing innovative ideas and
producing high-quality and fully compliant products that satisfy an
increasing demand in this fast-growing industry.
For more information about LiveWire Ergogenics,
visit http://www.livewireergogenics.com.
For non-material updates, follow LiveWire Ergogenics on
Twitter @livewireLVVV.
Download the Stockwatchindex Research Report at
http://www.swiresearch.com/report-index
Forward-Looking
Statements
Any statements contained in this press release
that do not describe historical facts may constitute
forward-looking statements. Forward-looking statements may include,
without limitation, financial projections, statements regarding the
plans and objectives of management for future operations, the
development, regulatory approvals and commercialization of the
Company’s products, or any of the Company’s other proposed
products, systems or services. Such forward-looking statements are
not meant to predict or guarantee actual results and performance,
events or circumstances and actual events may differ considerably.
Factors that may cause actual results to differ materially from any
projections may include, without limitation, the Company’s
inability to obtain additional financing, delays in the development
of its products, the impact of significant new or changing
government regulation in the cannabis industry, existing or
increased competition, results of arbitration and litigation, stock
volatility and illiquidity, and the Company’s failure to implement
the Company’s business plans or strategies. The Company assumes no
obligation to update any forward-looking statements to reflect any
event or circumstance that may arise after the date of this
release.
INVESTOR CONTACT
EquiNet, LLC
Toll free: 877-964-6463
Direct: 858-264-6500
LIVEWIRE ERGOGENICS
INC.
1600 North Kraemer Blvd.
Anaheim, CA 92806
714-740-5144
www.livewireergogenics.com
info@livewireergogenics.com
MARKET AWARENESS
Stockwatchindex, LLC
www.stockwatchindex.com
info@stockwatchindex.com
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