OTTAWA, April 16, 2018 (GLOBE NEWSWIRE) -- LIVEWELL FOODS CANADA Inc. ("LW", "LiveWell Foods" or the "Company") welcomes the Honourable Lawrence Cannon to its Board of Directors.
Significant support for an ambitious project
After receiving support from the City of Ottawa last February for the conversion of its existing 540,000 square foot greenhouse in the Metcalfe area into a cannabis production site, the company, continues solidifying the foundation of its development to become one of the largest greenhouse facilities for cannabis production in the world. This goal is also expressed in the establishment of a world-class research and innovation center in Litchfield, Quebec, for cannabis and hemp cultivation and processing.
The arrival of Lawrence Cannon as a member of the Board of Directors is further evidence of the project’s quality. “It is with great enthusiasm that we welcome Mr. Cannon to our Board of Directors," said Timothy J. McCunn, Co-Founder and Chairman at LiveWell. "His extensive international experience, as well as his knowledge of the functioning of our democratic institutions will undoubtedly be important assets for the company.”
Lawrence Cannon: a prestigious career
The Honourable Lawrence Cannon began his political career in 1985 at the National Assembly of Quebec as Member of Parliament for La Peltrie, a constituency he represented until 1994. He held the position of Minister of Communications from 1990 to 1994 after being successively appointed Parliamentary Secretary to the Minister of External Trade and Technological Development (1985-1988), Minister of Tourism (1988-1989), Deputy House Leader and Deputy Speaker of the National Assembly (1989-1990). Then onto the federal scene, as Minister of Transport, Infrastructure and Communities as well as Minister of Foreign Affairs of Canada, a position he held until spring 2011. Mr. Cannon was Canada's ambassador to France from 2012 to 2017.
About LiveWell
LiveWell Foods Canada Inc. (Ottawa, Canada) is dedicated to the highest quality standards in delivering cannabis and hemp products. Together with its strategic partner, Canopy Growth Corporation (TSX:WEED) and Canopy Rivers Corporation, LiveWell is retrofitting an existing 540,000 square foot greenhouse facility in Ottawa, Ontario. LiveWell is also constructing a state of the art Global Innovation Centre complete with a Cannabis and Hemp Research & Processing facility and 1 million square foot grow, in Litchfield, Pontiac County, Quebec. Upon completion, the combined will measure 1,540,000 square feet of greenhouse capacity, all built to an unparalleled level of quality assurance, procedures, and testing. The company has established partnerships with leading sector names, with interests and operations abroad. LiveWell also distributes retail and bulk hemp products under the O-Hemp brand and plans to distribute cannabis edibles and infused products.
For more information visit www.livewellfoods.ca.
On behalf of the Board of Directors,
LIVEWELL FOODS CANADA INC.
David Rendimonti
President
Cautionary Statement:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "plan”, “could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this press release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
This is not an offer for sale, or solicitation of an offer to buy, in the United States or to any U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) of any equity shares or any other securities of the Company.
For Media Inquiries
Kimothy Walker
Communications Advisor
(613) 859-3753
info@livewellfoods.ca
Léa Manuel
(514) 569 7282