LiveWire Ergogenics Inc (OTCMKTS:LVVV) Stock Continues To Trend Lower: But Why?

LiveWire Ergogenics Inc (OTCMKTS:LVVV) is a company that is involved in the leasing and management of special-purpose real estate properties to cannabis firms that work on the cultivation of high-quality cannabis for use in the Californian market.

Livewire Ergogenics’ Estrella River Farms Widens Market Reach with increasing Number of Additional Dispensaries Expanding its Distribution Network throughout California

The company was in the news yesterday after it announced that it had been successful in adding more dispensaries to its distribution network for the state of California for Estrella Weedery co-branded offerings. It goes without saying that it was a significant new development for LiveWire Ergogenics and it is going to be interesting to see how investors react to the news over the coming days.

The Chief Executive Officer of the company Bill Hodson spoke about the development as well. He noted that the first two waves of Estrella branded products had been delivered across the state of California for both direct-to-consumer and business-to-business distribution.

He went on to add that the products had been received very well and hence, it had been decided by the company to add more distributors to its network. In light of the latest development, it is going to be interesting to see if the LiveWire Ergogenics stock manages to come onto the radars of investors this morning.