$LVVV Cannabis Industry in Trouble or Levelling Ou
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Posted On: 03/27/2024 11:41:25 AM
$LVVV Cannabis Industry in Trouble or Levelling Out? We are on the Offensive – Part 2
https://stockwatchindex.com/cannabis-industry...ve-part-2/
No one said it would be easy. Well, quite a few people, cannabis experts, investors, and everybody who thought, “If you grow it, the money will flow,” did. Indeed, it did for a while, at least on paper, but then it did not anymore. Here is where the trouble started, and so many minor or large companies were unprepared. We have been preparing for this for several years. We are certainly ready.
Bill Hodson, Livewire’s CEO, states, “If you have been following our past releases, we did not fall into this trap. Keeping you updated via our press releases and Social Media partner networks reveals LiveWire’s dedication to guiding our shareholders and potential investors through California’s often confusing legal cannabis market. We moved ahead very cautiously in expanding our operation, realizing that we were involved in the complicated process of converting a wildly unconventional business into a transparent operation that satisfies all existing (and still changing) conditions. We continue on our path to prioritizing craft-style, sun-grown California cannabis with low overhead and building a consumer brand specific to the California market. Despite the well-known obstacles affecting the entire industry hindering rapid progress, companies that withstand the blows, navigate, and counterpunch effectively will seize the opportunities lying ahead.”
IN TROUBLED TIMES LIES OPPORTUNITY
Mr. Hodson continues:” We were always focused on building an operation that could sustain itself throughout troubled times and, at the same time, create value not only for our customers but also for our shareholders. We understand that it often seemed like a slow process and did not generate the share price expected by the market. Still, we have taken the intense experience of the last three years and have now, as we believe, reached a point enabling us to reap the benefits from this approach.
https://stockwatchindex.com/cannabis-industry...ve-part-2/
No one said it would be easy. Well, quite a few people, cannabis experts, investors, and everybody who thought, “If you grow it, the money will flow,” did. Indeed, it did for a while, at least on paper, but then it did not anymore. Here is where the trouble started, and so many minor or large companies were unprepared. We have been preparing for this for several years. We are certainly ready.
Bill Hodson, Livewire’s CEO, states, “If you have been following our past releases, we did not fall into this trap. Keeping you updated via our press releases and Social Media partner networks reveals LiveWire’s dedication to guiding our shareholders and potential investors through California’s often confusing legal cannabis market. We moved ahead very cautiously in expanding our operation, realizing that we were involved in the complicated process of converting a wildly unconventional business into a transparent operation that satisfies all existing (and still changing) conditions. We continue on our path to prioritizing craft-style, sun-grown California cannabis with low overhead and building a consumer brand specific to the California market. Despite the well-known obstacles affecting the entire industry hindering rapid progress, companies that withstand the blows, navigate, and counterpunch effectively will seize the opportunities lying ahead.”
IN TROUBLED TIMES LIES OPPORTUNITY
Mr. Hodson continues:” We were always focused on building an operation that could sustain itself throughout troubled times and, at the same time, create value not only for our customers but also for our shareholders. We understand that it often seemed like a slow process and did not generate the share price expected by the market. Still, we have taken the intense experience of the last three years and have now, as we believe, reached a point enabling us to reap the benefits from this approach.
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