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100k for LiveWell goes back to investment committee

100k for LiveWell goes back to investment committee

The Equity

CHRIS LOWREY

PONTIAC Feb. 6, 2019

A $100,000 grant for LiveWell Foods Inc. from the MRC Pontiac has been rescinded after the company failed to meet a deadline.

It’s not clear when the money was sent back to the MRC’s investment committee but MRC Pontiac Warden Jane Toller said it was the result of the company not meeting a previously agreed-upon timeline.

Toller still hasn’t heard much from the company after a representative told her that the scope of the project had changed.

It’s been a tough few months for LiveWell’s proposed cannabis growing and research facility in Litchfield.

After it appeared that contractors stopped working on the site, LiveWell said the reason for the stoppages was a regulatory change governing the outdoor cannabis growing.

Deslan AIM, an environmental cleanup company, seeking more than $1.6 million for unpaid work, has also hit LiveWell with a legal motion.

Toller said that while the MRC wants to encourage local businesses, it has to be cautious about those investments.

“This money belongs to the people of the Pontiac,” she said.

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100k for LiveWell goes back to investment committee

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