LiveWell inks Southern deal
CHRIS LOWREY
PONTIAC Aug. 22, 2018
The cannabis production company that’s in the midst of constructing a 600,000 square foot growing facility and research and innovation centre in Litchfield has inked a deal with Brazil.
The deal will see LiveWell Foods Inc. supply a minimum of 5,000 kg of Cannabidiol (CBD) to Brazil.
CBD is an ingredient in cannabis that can potentially hold medical benefits without the accompanying high that comes with another active ingredient in cannabis: THC.
Each kilogram of CDB will sell for approximately $7,000 over the next 12 months, according to a press release issued by the company.
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