CannabisNewsBreaks – LiveWire Ergogenics Inc. (O
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Posted On: 01/03/2020 7:32:28 PM
CannabisNewsBreaks – LiveWire Ergogenics Inc. (OTC: LVVV) Sees Optimistic Future as Cannabis Products Market Forecasted to Reach $80 Billion by 2030
LiveWire Ergogenics (OTC: LVVV) expects to perform well during 2020 as industry analysts project the market for cannabis products will increase to $80 billion over the next decade, according to a recent AP article (http://cnw.fm/r01nN). An article discussing the company reads, “With the projected upswing in mind, LiveWire Ergogenics expects to be in a prime position to leverage the expected growth with the imminent start of production at its Estrella Ranch Weedery. ‘The cannabis market is ever changing and complex,’ LiveWire CEO Bill Hodson stated in a news release (http://cnw.fm/5UPFh). ‘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.’ . . . With the industry now set to explode, companies must begin scrutinizing their operations for inefficiencies and evaluate what works and what doesn’t,’ he continued. ‘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.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
LiveWire Ergogenics (OTC: LVVV) expects to perform well during 2020 as industry analysts project the market for cannabis products will increase to $80 billion over the next decade, according to a recent AP article (http://cnw.fm/r01nN). An article discussing the company reads, “With the projected upswing in mind, LiveWire Ergogenics expects to be in a prime position to leverage the expected growth with the imminent start of production at its Estrella Ranch Weedery. ‘The cannabis market is ever changing and complex,’ LiveWire CEO Bill Hodson stated in a news release (http://cnw.fm/5UPFh). ‘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.’ . . . With the industry now set to explode, companies must begin scrutinizing their operations for inefficiencies and evaluate what works and what doesn’t,’ he continued. ‘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.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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