One of Gatineau’s emerging players in the cannabis and hemp space added a bit of cash to its operations through a private placement this week.
LiveWell Canada announced Thursday that it has closed a non-brokered private placement of nearly two million units at a price of 80 cents each, yielding total proceeds of $1.55 million. Offering few details, the company said in a statement that the funds raised will go towards working capital purposes.
A portfolio company of Smiths Falls-based Canopy Growth’s investment arm, LiveWell develops products from the non-psychoactive compound in cannabis, CBD. The Gatineau company converted an Ottawa greenhouse into a growing operation earlier this year and recently reported its first public earnings.
(Sponsored)
Preparation is key to preventing legal consequences for dismissal, according to Emond Harnden LLP
Companies contending with the difficult process of dismissing an employee must be very careful about their actions, or face potentially serious legal consequences. Being proactive about maintaining accurate and detailed
For centuries, some of the world’s most accomplished and wealthy families have managed their fortunes through what’s known as a customized, holistic, multi-generational “family office” approach. Quietly and successfully, from
Last month, LiveWell acquired a Windsor-area company in a deal worth $20 million.
