- Passage of SAFE Banking Act will open access to financial services for the multibillion-dollar marijuana industry
- LiveWire focusing efforts on expanding operations on path to a vertically integrated Company
- Acquisition of Estrella Ranch property, the LiveWire “Estate Grown Weedery” is “biggest accomplishment yet”
LiveWire Ergogenics Inc. (OTC: LVVV), a forward-thinking company involved in the acquisition, licensing and management of fully compliant turnkey facilities engaged in the production of high-quality cannabis-based products and services in California, is closely watching the progress of the SAFE Banking Act, which once passed on the Senate, would allow banks and credit unions to provide financial services to legal cannabis businesses. With LiveWire’s evolving role in the multibillion-dollar cannabis industry, as it develops its high-quality cannabis brands in the world’s first “Estate Grown Weedery,” the company has a keen interest in the status of legislation related to cannabis and is actively supporting further legalization efforts.
While many states have legalized cannabis for either medical or recreational (or both) use in recent years, under Federal law cannabis is still considered an illegal substance and the Federal Government has been slow to change its status. In December 2018 the U.S. Farm Bill was passed, which de-scheduled hemp as a...
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