LiveWire Ergogenics Releases Letter to Shareholders

Anaheim, CA, Feb. 20, 2020 (GLOBE NEWSWIRE) -- LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring special purpose real estate properties conducive to discovering and developing cannabinoid products for the health and wellness industry to improve life performance, today released a letter to shareholders.

Dear Shareholders,

I trust that most of you have experienced or at least observed that the past year has been a difficult year for most cannabis companies and cannabis stocks in general underperformed. In contrast, the majority of leading industry analysts believes that 2020 should lead to significant growth in total cannabis sales and present investors with a clean slate to new beginnings in the marijuana industry. Diligent and disciplined investors will be presented with an exciting second opportunity to benefit from one of the fastest growing markets for any industry in the last decade and reap the benefits that lie ahead.

• Green Light for Legalization
• Doing it Right
• Legal and Environmental Compliance
• Estrella Ranch “Estate Grown Weedery”
• Strategic Alliance with QDG Agricultural
• Sate of the Art Cultivation with Proven Results
• Financial Responsibility
• Legal Win
• Here is what we focused on in 2019
• Outlook to 2020
• Final Word

Reports by Arcview and BDS point to 10 states in the U.S. each expected to surpass $500 Million in legal cannabis sales by 2020. California, with $3.6 Billion in projected annual sales, represents the largest market by far in the US, nearly the combined projected annual sales of Colorado ($1.7B), Michigan ($1.21B) and Florida ($1.2B) for 2020, and is at the forefront of the push for accelerating nationwide legalization.

Green Light for Legalization

At LiveWire, we believe that well managed US companies producing unique and high-quality products via legal operations will be able to take advantage of the rapidly growing demand in the industry and deliver significant and consistently improving returns to investors in the years ahead. Despite the turmoil last year, this is still the same fast-growing cannabis industry selling billions of dollars of product annually in the black market, a multiple of the legal sales. It is not unrealistic to expect these sales to steadily transition to legal channels over time, as an increasing number of consumers insist on organically grown and thoroughly tested products from reliable sources. This transition will accelerate with rules, regulations and unreasonably high taxes adjusting to the industry’s new realities and with more states giving weed the green light to legalization.