If you are looking into cannabis related stocks today then it may be a good time to take a look into the LiveWire Ergogenics Inc (OTCMKTS:LVVV) stock. The company acquires, manages and leases special real estate properties for the purpose of production of high quality cannabis for the California market.
Livewire’s Estrella River Farms Partners with Cannavision Labs to Ship Second Wave of Estrella Weedery Branded Premium Cannabis Concentrate for California Distribution
Yesterday, the company came into focus after it announced that it had been successful in shipping the second consignment of its Estrella Weedery co-branded products and ‘Halfsies’, a premium cannabis concentrate. The shipping had been concluded in partnership with Cannavision Labs and is meant for distribution across the state of California.
The Chief Executive Officer of LiveWire Ergogenics Bill Hodson spoke about the latest development as well. He noted that the product that had been shipped had been received well by customers as well as distributors. He went on to add that the distributors had been busy filling up reorders from delivery services and retailers.
Considering the sort of success that had been achieved initially, it had been decided by LiveWire Ergogenics to go ahead with the second wave of the co-branded product. It was a significant announcement from the company and one that may bring the stock into focus today.
Key Quote
Bill Hodson, CEO of Livewire Ergogenics, states, “Through our partnerships and licensees, we shipped the first of our value-added products of Live Resin vape cartridges for statewide business-to-business and direct-to-consumer distribution throughout California. The product has been well received, and distributors are filling reorders from retailers and delivery services. Based on this initial success, we immediately followed up with the second entry of our value-added specialty products; the Estrella River Farms grown and Cannavision Labs manufactured “Halfsies” live rosin and live resin. Several more “Estrella Weedery” branded products will follow shortly.”
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