re: Let’s talk weed stocks in this thread

I’ve got around $5K in Livewire so far (around 125K shares) and my kid has 250K shares, though his are currently restricted shares. They’re still waiting on their state license and some city permits in certain areas, but things will snowball after that. They have so many pieces in place with completed and in-process acquisitions of Mojave Jane, Sacred Biology, and Alpha Creations (medicinal products already in over 200 stores). They have one greenhouse up and running in one location that is being leased to a non-profit while Livewire awaits their state license. They are part of the huge Coachella Brands complex that is currently under construction and already have their Coachella city permit, and have already dropped some pods on site. They’ll primarily be a supplier of clones at the Coachella site and have 169 different genetic strains. One pod can house 25,000 clones. They have 4 greenhouses (not up and running yet - again, state license) that can house 75,000 clones each. Clones can fetch $10-20 each. They are also awaiting a permit at a 3rd location 100 miles away from that site. They have a couple excellent horticulturists, and the lawyer shepherding them through the permit process, Omar Figeuroa, literally wrote the book on cannabis law in California. They also have the “7x pure” blockchain purification tracking process that all of Coachella may end up using. And to top it off, they recently signed sports legend Jimmy Connors as a spokesman. There have been several similar companies that went from pennies to over $10/share - one even hit $13/share with ZERO revenues. Livewire is such a bargain right now.

They’ll be a seed to sale operation. They’ll have their own nurseries/greenhouses, the extraction process via Mojave Jane, the manufacture of products (muscle rubs, oils, edibles, etc.) via Alpha and Sacred Biology - and they’ll be supplying large-scale growers via their clone sales. The big cultivators don’t grow from seed - they buy clones from an outside source because it allows them to grow 6 crops per year instead of 5 (if they grew from seed). Just off of their 4 greenhouses and a couple pods, they’ll have the potential to crank out over 300,000 clones per month.

Hold your shares long term - they’ve been dragging arse on press releases and keeping investors up to date on some things, and a simple tweet of certain news will double the share price in a day. And don’t panic and sell in one of these dips like it is having right now (great buying opportunity). Don’t be tempted - hold long. I’ve seen one projection of over $2/share a year from now. I’m not basing my faith on that, though - I just personally think they are going to explode because they are making all the right moves. And I’m sure Jimmy Connors did his due diligence since he is getting paid in stock.

Rowbear, how did you hear about Livewire? What prompted you to invest?