LiveWire Ergogenics, Inc. (OTCQB: LVVV), a developer of chews that are pocket-sized, portable alternatives to bulky energy drinks or shots, has decided to enter the emerging multi-billion dollar cannabis industry with the formation of a new division, LiveWire Herbaceuticals.
With the appointment of Eric Krogius and Robert Drust, co-founders of Terra Tech Corp. (OTCQB: TRTC), as advisors, the company’s new division will focus on creating THC and CBD chews that have little or no aftertaste and are sold in states where cannabis is legal through dispensaries.
Read the full press release announcing the deal here:
LiveWire Ergogenics, Inc. (OTCQB: LVVV) is pleased to announce the formation of a new division, LiveWire Herbaceuticals, and the appointment of Eric Krogius and Robert Drust, Co-Founders of Terra Tech Corp (OTCQB: TRTC) and GrowOp Technology Ltd., as advisors.
LiveWire’s proprietary method adds a precise amount of THC and CBD to a flavored matrix resulting in a chew that has little or no aftertaste. LiveWire then uses an independent laboratory to verify the dosage. This product will be manufactured and distributed through dispensaries in states where it is legal.
LiveWire Herbaceuticals was formed to solve the most pressing issue in the legal medical marijuana industry which is dose and consistency control.
“The initial response to this technology has been overwhelming. We have our first order, and subject to legal approval, we should be in production by the end of the month. We believe that medical marijuana provides significant health benefits to consumers, and as this is adopted nationwide, we want to give consumers the ability to responsibly manage their dose. To provide precision in this product is an important key to success,” said Bill Hodson, CEO of LiveWire Ergogenics, Inc.
For more information about LiveWire Ergogenics, Inc., or to find a LiveWire Territory Manager near you, please visit www.livewireenergy.com.
About LiveWire Ergogenics, Inc. (OTCQB: LVVV) and LiveWire Energy™ Chews
LiveWire Energy™ chews are manufactured in Orange, California by LiveWire Ergogenics Inc. Designed for consumers with an action-packed lifestyle, LiveWire Energy™ chews are pocket-sized, portable alternatives to bulky energy drinks or shots. Available in seven different flavors, the Company’s grab-n-go packaging responsibly displays the amount of caffeine in each chew, including Citrus Mango (90 mg caffeine), Pomaberry (90 mg caffeine), Chocolate (100 mg caffeine), Mint Chocolate (120 mg caffeine), Sour Apple (90 mg caffeine), Cinnamon Fire (90 mg caffeine), and Coffee (100 mg caffeine). Facebook:http://www.facebook.com/LiveWireEnergychews Twitter:http://twitter.com/#!/EnergyChews LiveWire Ergogenics Inc. was formed in 2008 and its products are available for purchase at thousands of retail outlets nationwide or are available online at: http://www.livewireenergy.com
Investor Information visit http://www.otcmarkets.com/stock/LVVV/quote
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company’s development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.