Chris Lowrey
LITCHFIELD April 17, 2018
LiveWell Foods Inc., the company behind the proposed cannabis growing facility in Litchfield, has announced a brokered private placement in the hopes of raising upwards of $10 million.
The deal, announced on April 17, says that LiveWell will partner with a group of agents to sell at least 10 million shares of the company.
Each share will be sold off for $1 in the hopes of generating at least $10 million to help with completion of LiveWell’s 108,000 square foot facility in Ottawa, as well as the 100,000 square foot Litchfield project.
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