NetworkNewsBreaks – LiveWire Ergogenics Inc. (LV
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LiveWire Ergogenics (OTC: LVVV), a health and wellness company with a focus on special purpose real estate acquisitions and the licensing and management of high-end and permitted facilities for the production of cannabis-based products and services in California, today released its financial results for the third quarter of 2019. ”The cannabis market is ever-changing and complex. While a flood of investment has entered the market over the last two years based on overly optimistic projections, questionable market analysis and unproven business models, these expectations are now being hit by the reality of a still unconventional business, complicated by the typical growing pains of a rapidly emerging new industry,” LiveWire CEO Bill Hodson said in the news release. “With the industry now set to explode, companies must begin scrutinizing their operations for inefficiencies and evaluate what works and what doesn’t. In other words, “doing it right”; a principle that LiveWire has been trying to follow strictly for the last two years, supporting the momentum of this new and promising industry, which according to some industry experts is expected to reach $80 Billion by 2030.”
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