{"id":20978,"date":"2017-11-08T10:36:09","date_gmt":"2017-11-08T18:36:09","guid":{"rendered":"http:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/11\/08\/leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-in-canadian-producer\/"},"modified":"2017-11-08T12:55:29","modified_gmt":"2017-11-08T20:55:29","slug":"leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-in-canadian-producer","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/11\/08\/leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-in-canadian-producer\/","title":{"rendered":"Leading US marijuana retailer LivWell takes \u2018significant\u2019 ownership stake in Canadian producer"},"content":{"rendered":"<\/p>\n<p><strong>By Matt Lamers<\/strong><\/p>\n<p>One of the largest marijuana retail operators in the United States has acquired a \u201csignificant\u201d equity stake\u00a0in an Alberta cannabis producer, a move that could pave the way for other U.S. companies to enter the Canadian market.<\/p>\n<p>Denver-based LivWell Enlightened Health purchased the undisclosed stake in Lethbridge, Alberta-based 51st Parallel.<\/p>\n<p><span id=\"more-78538\" \/><\/p>\n<p>The deal essentially makes the Canadian company a LivWell affiliate.<\/p>\n<p>Executives from the two privately held companies confirmed the transaction but declined to disclose the financial terms of the deal.<\/p>\n<p>The move comes on the heels of U.S. alcohol giant Constellation Brands\u2019 &lt;a href=&#8221;https:\/\/mjbizdaily.com\/constellations-purchase-canopy-stake-transformative-portends-investments\/&#8221; target=&#8221;_blank&#8221;<\/p>\n<p> &#8230;<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-canadian-producer\/\">Leading US marijuana retailer LivWell takes \u2018significant\u2019 ownership stake in Canadian producer<\/a> is a post from: <a href=\"http:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-canadian-producer\/\" target=\"_blank\">Leading US marijuana retailer LivWell takes \u2018significant\u2019 ownership stake in Canadian producer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Matt Lamers One of the largest marijuana retail operators in the United States has acquired a \u201csignificant\u201d equity stake\u00a0in an Alberta cannabis producer, a move that could pave the way for other U.S. companies to enter the Canadian market. Denver-based LivWell Enlightened Health purchased the undisclosed stake in Lethbridge,<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2017\/11\/08\/leading-us-marijuana-retailer-livwell-takes-significant-ownership-stake-in-canadian-producer\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":79,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2241,682,461,2177,5,172,18,2318],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20978"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=20978"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20978\/revisions"}],"predecessor-version":[{"id":20979,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/20978\/revisions\/20979"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=20978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=20978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=20978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}