Livewire Ergogenics Inc (OTCMKTS:LVVV) Is Another Cannabis Industry Winner

Livewire Ergogenics Inc (OTCMKTS:LVVV) has joined the cannabis industry party. Similar to a number of companies within the space, the stock had a major jump in value within the last couple of days, rising from $0.0026 to $0.0167. In this article, we provide details on LVVV and what its management has been up to in recent months.Here is the stock’s price movement for the past year: LVVV Daily ChartBrief OverviewLivewire Ergonomics, Inc. offers soft chew under the brand of LiveWire Energy. LiveWire Ergogenics, Inc. was founded by Bill J. Hodson and Brad J. Nichols on October 9, 2007 and is headquartered in Yorba Linda, California. The company is focused on identifying and monetizing current and future trends in the health and wellness industry, derived from, or enhanced with legal cannabis products while establishing and advancing research partnerships for specific ailments, cloning of high-quality and organic cannabis strains to effectively address these ailments, dosing verification of zero pesticide products for quality brands and the general development and commercialization of cannabinoid based products and services.In spite of this, it engages in the development, market, sale, and distribution of chewable energy supplements and other functional foods as determined by needs. The LiveWire Ergogenics has often stated its objective to developing high-quality and organically clean products and generate and executing innovative ideas for the advancement of the company, its customers and the entire industryRecent DevelopmentsLiveWire Ergogenics, Inc. (OTC:LVVV), announced in October that it had executed a lease on 4-acres of property in a commercial agriculture zoned region of Southern California, completed set-up of the Company’s greenhouse and readies for production.Bill Hodson, CEO of LiveWire Ergogenics explained that Greenhouse-number-one will be operated by the horticulture experts at The Greenhouse Collect, a non-profit organization serving medical marijuana patients since 2014. It is expected that they will lease Livewire’s facilities to operate their medical cannabis clone development project.The property is located in Southern California and is large enough to host five, large and fully functional greenhouses. This four-acre location will serve as LiveWire’s flagship project, according to its master plan to establish a secure, campus-like setting for every LiveWire location populated with multiple greenhouses and research facilities. This first commercial agriculture zoned property also includes a 2,000-square foot residence that is home to the LiveWire caretaker and security team that manages and supervises the property 24/7.LiveWire has started the required licensing and compliance process for this location and is in the process of applying for a Type-4 Cultivation / Nursery and live-plant transport license on behalf of the Greenhouse Collect.In the same month, the firm had already reported that it had further expanded its activities in the multi-billion dollar medical marijuana industry following the acquisition of a 3,000 square-foot, fully equipped Greenhouse.According to the CEO, Bill Hodson, the purchase of the state of the art, fully climate-controlled Greenhouse is an important asset and a key element of the business strategy to capture significant market share in such a rapidly expanding industry. It also provides important operational synergy with the firm’s current team of horticulturists and geneticists.This first LiveWire Greenhouse is expected to provide horticulture experts a turnkey nursery facility to produce high quality, pesticide-free and clean genetic clones. The nursery is designed to produce over 75,000 medicinal-strain clones per month that will generate significant revenue for the operation.LiveWire’s strategy includes acquiring and leasing turnkey properties, selling location specific compliance packages and offering financing solutions for select candidates in the cannabis industry. The LiveWire management team will guide its experts into a legal, profitable and sustainable business by crafting business plans, design revenue models and provide compliance notifications. In July 2017, the firm made available a brief outline of its most current developments and the progression of its core business strategies, while announcing its new branding and corporate website located at www.LiveWireErgogenics.com.LiveWire has been able to assemble a team of innovators to aggressively proceed with research and development to capture market share. The company has entered into several strategic alliances and business consulting agreements with horticulturists, extractors, distributors, laboratories, branding agencies and body care specialists and intends to utilize the wealth of the team's experience to acquire and/or develop new product offerings by way of this talented network of professionals in its quest for breakthrough success.The firm publicized its commitment to providing transparency and consistency with in-depth shareholder communications. It is committed to frequently updating the public about its new and material developments along with maintaining all required filings on OTC Markets Pink.In addition to the company's required communications, LiveWire has entered into a consulting agreement with a renowned financial research firm to prepare an in-depth research report for public dissemination, once all OTC filings have been brought current.ConclusionThe company has shown that it is willing to continue to grow its value. It is up to its management to show its commitment to this objective.We will be updating our subscribers as soon as we know more. For the latest updates on LVVV, sign up below!Disclosure: We have no position in LVVV and have not been compensated for this article.