LiveWire Ergogenics Portfolio Company Mojave Jane Acquired by Canadian Holding Company High Hampton
Anaheim, CA, Nov. 27, 2018 (GLOBE NEWSWIRE) -- LiveWire Ergogenics, Inc. (OTC: LVVV), a company focused on special purpose real estate acquisitions, the licensing and management of fully compliant turnkey production facilities for cannabis-based products and services announced today that its portfolio company Mojave Jane, of which it held a 5% equity interest, has been acquired by High Hampton Holdings of Toronto, Canada (CSE: HC) (OTC:HHPHF).
In November of 2018, High Hampton Holdings and the members of Mojave Jane, LLC entered into a share exchange agreement, whereby the members of Mojave Jane agreed to sell their member interests in exchange for common shares of High Hampton Holdings. As a result of the transaction, LiveWire now holds an equity position close to 400,000 shares of High Hampton common stock.
“LiveWire congratulates Mojave Jane on the acquisition and looks forward to expanding our business relationship including the distribution of Mojave Jane products,” states LiveWire CEO Bill Hodson. “Our recently granted statewide cannabis distribution license from the California Bureau of Cannabis Control , through our subsidiary GHC Ventures, will allow us to supply quality raw materials from licensed cultivators from all across California for processing to Mojave Jane.”
Gary Latham, the CEO of High Hampton states: “Having been acquired by High Hampton gives us a solid basis to advance our relationship with LiveWire and expand our activities throughout California. We are looking forward to making this relationship work for the benefit of both our companies”
High Hampton Holdings Corp. is a cannabis sector investment company focused on opportunities in California striving to become the largest consolidator in the medicinal cannabis sector. The Company has assembled a stellar team with cannabis, capital markets, compliance, political, licensing and brands & products supply chain experience and aggressively develops its wholly owned subsidiaries toward sustainable growth and active operations:
Mojave Jane, LLC is a California licensed manufacturer of premium cannabis extracts and concentrates for the California markets. Based in Coachella, CA , and licensed for both volatile and non-volatile manufacturing, Mojave Jane currently utilizes state of the art CO2 extraction technologies and proven distillation techniques to create products for both recreational and medical cannabis users. Mojave Jane’s management team includes an accomplished group of business executives with experience in starting, growing, and selling companies, combined with hands-on commercial cannabis experience. Mojave Jane is a key part of the Coachella Valley’s growing cannabis economy and supports distribution throughout California .
About LiveWire Ergogenics, Inc.
LiveWire Ergogenics, Inc. (LVVV) specializes in identifying and monetizing current and future trends in the health and wellness industry. The Company is focused on acquiring, managing and licensing specialized “closed loop” turnkey cannabis real estate locations of that are fully compliant and permitted for the production of cannabis-based products and services in California. The Company is also establishing research partnerships to explore the application of cannabinoid-based products to target specific ailments or conditions with large “sufferer” populations for human and veterinarian applications LiveWire currently operates under two municipal nursery licenses and a state-wide distribution license in California. Livewire Ergogenics does not sell or distribute products that are in violation of the Unites States Controlled Substance Act.
For more information about LiveWire Ergogenics, visit http://www.livewireergogenics.com. For non-material updates, follow LiveWire Ergogenics on Twitter @livewireLVVV. Download the Stockwatchindex Research Report at http://www.swiresearch.com/report-index
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, financial projections, statements regarding the plans and objectives of management for future operations, the development, regulatory approvals and commercialization of the Company’s products, systems or services. Such forward-looking statements are not meant to predict or guarantee actual results and performance, events or circumstances and actual events may differ considerably. Factors that may cause actual results to differ materially from any projections may include, without limitation, the Company’s inability to obtain additional financing, delays in the development of its products, the impact of significant new or changing government regulation in the cannabis industry, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company’s failure to implement the Company’s business plans or strategies. The Company assumes no obligation to update any forward-looking statements to reflect any event or circumstance that may arise after the date of this release.
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LIVEWIRE ERGOGENICS INC.1600 North Kraemer Blvd.Anaheim, CA 92806714-740-5144www.livewireergogenics.com firstname.lastname@example.org
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