Posts in All
Dooma Wendschuh Founders Update October 12, 2018
 
dfounder.jpg
 

This week is week two of of what has turned into a three week roadshow for our current round. The response seems to have been very strong, and we are excited to hopefully wrap the round up soon. Next week Elad and I will be in Singapore (Tuesday); Phnom Penh, Cambodia (Wednesday); and Tokyo, Japan (Thursday and Friday). If there are any prospective investors in any of those cities you think we should meet please send their information our way.

Also, we have some new team members starting this week. Marija Desnoyers is our new human resources manager. We’re so happy to have her on board and know that her expertise will help us to make more great hires. We also welcome Masa Song, who will be our new marketing intern. Look for her Team Spotlight next week.

Oscar J-T Holm Founders Update October 12, 2018
 
 

This week we have started to interview new PR companies as we need a larger international agency that can handle the following tasks; brand building, corporate, and investor relationships.

We have also started to work on a budget and hiring plan for the Marketing Team for 2019.

Oscar Holm, AllDooma Wendschuh
Dooma Wendschuh Founders Update October 5, 2018
 
dfounder.jpg
 

Our roadshow continued this week as I spent time in both New York and Vancouver. I have had many promising meetings and found that there is a lot of interest in our Series B round. We will continue on the road for the next two weeks, visiting Singapore, Japan, and Cambodia. If you have any suggestions for people that we should meet with, please let us know.

Jennifer Dianne Thomas Founders Update October 5, 2018
 
jennifer.jpg
 

Please remember that our upcoming Annual General Meeting will be held on October 11, 2018 @ 2:00pm EST at the offices of Bennett Jones at One First Canadian Place, Suite 3400, Toronto, ON M5X 1A4.

On September 20th, you would have received an email from ‘Shareholder Communications’ (AST) asking for your vote on certain corporate matters (Subject Line: HONEST INC. ANNUAL & SPECIAL MEETING OF SECURITY HOLDERS). Please be advised, that voting via this online platform closed on October 9th, 2018 at 2:00pm EST. You will now be required to place your vote on the meeting date either in person or via our real-time virtual platform.

We look forward to receiving your votes and gaining your input and insight at the meeting.

Stay tuned for information on how to attend the AGM via a virtual platform!

Jennifer Dianne Thomas Founders Update September 28, 2018
 
jennifer.jpg
 

I am pleased to invite you to attend the 2018 Annual Meeting of Shareholders of Province Brands (Honest Inc.). The Annual Meeting will be held Thursday, October 11 2018, at 2:00 p.m. EST.

You should have recently received an email from AST regarding the upcoming annual meeting.  

The email would have had the following information

Sender email address: Shareholder Communications <ShareholderCommunications@astfinancial.com>  

Subject Line: HONEST INC. ANNUAL & SPECIAL MEETING OF SECURITY HOLDERS

This email gives you instructions on how you can vote for the annual meeting.  Please check your spam folder, if you are not able to find the email.    

Note that we have scheduled a call for shareholders to provide details regarding the voting process for the annual meeting.  On this call, we will review steps to voting, how to submit a proxy, and how to return the letter of transmittal.  This annual meeting instructional call will be held on Friday, October 5, 2018 you will receive an invitation via email.  THE PROCESS TO RETURN THE LETTER OF TRANSMITTAL CAN BE COMPLICATED SO I ENCOURAGE YOU TO ATTEND THE CONFERENCE CALL.  

Once again, I strongly encourage you to take advantage of the rule allowing companies to furnish proxy materials to their shareholders over the Internet. We believe that this e-proxy process expedites shareholders’ receipt of proxy materials, lowers the costs of delivery and helps reduce the Company’s environmental impact.

YOUR VOTE IS IMPORTANT. WE ENCOURAGE YOU TO VOTE PROMPTLY WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING. YOU MAY VOTE YOUR SHARES OVER THE INTERNET. 

If you plan to attend the meeting, please bring your notice, admission ticket from your proxy card or proof of your ownership of Province stock as of as well as a valid picture identification. Whether or not you attend the meeting, we encourage you to consider the matters presented in the proxy statement and vote as soon as possible.

IF YOU ARE HAVING TROUBLE VOTING PLEASE REACH OUT TO THE LEGAL TEAM MEMBERS LEADING THE CHARGE ON THIS MATTER, KRINA MERCHANT. HER INFORMATION IS PROVIDED BELOW:

Krina Merchant, LL.B, LL.M (Canada), LL.M (USA)
Corporate Counsel
Province Brands
T: 647-986-4062
E: krina@provincebrands.com

Dooma Wendschuh Founders Update September 21, 2018
 
dfounder.jpg
 

This week Oscar, Elad, and I attended the Kahner Global Private investment summit in New York, as well as the Arcview Group Investor Forum in Chicago, and then the Extraordinary Future event in Vancouver. While we are not officially raising capital at this time we collected a lot of names for when we kick off our round later this week.

The response was truly phenomenal. I have heard the expression "right place at the right time" before. I have even used that expression myself in the past, but I have never felt it in my soul the way I feel this now. By creating our own process to brew a beer from cannabis we have not just created an entirely new brewing tradition we have also created something the world deeply wants and the industry needs. The world is changing and we are out in front of that change. I could not be more excited to launch our next finding round and to build the world's first cannabis brewery.

News like this is going to keep coming out and fueling the fire which is paving the way for Province's future.

Dooma Wendschuh, AllDooma Wendschuh
Jennifer Dianne Thomas Founders Update September 21, 2018
 
jennifer.jpg
 

On behalf of your Board of Directors, we are pleased to invite you to attend the 2018 Annual Meeting of Shareholders of Province Brands (Honest, Inc.). The Annual Meeting will be held Thursday, October 11, 2018, at 2:00 p.m. EST.

Once again, we encourage you to take advantage of the rule allowing companies to furnish proxy materials to their shareholders over the Internet. We believe that this e-proxy process expedites shareholders’ receipt of proxy materials, lowers the costs of delivery and helps reduce the company’s environmental impact.

Your vote is important. We encourage you to vote promptly whether or not you plan to attend the meeting. You may vote your shares via a toll-free telephone number or over the Internet. 

If you plan to attend the meeting, please bring your notice, admission ticket from your proxy card or proof of your ownership of Province stock as of as well as a valid picture identification. Whether or not you attend the meeting, we encourage you to consider the matters presented in the proxy statement and vote as soon as possible.

Jennifer Thomas, AllDooma Wendschuh
Dooma Wendschuh Founders Update September 14, 2018
 
dfounder.jpg
 

This week has been a whirlwind. We’re preparing for our $30 million Series B round and also preparing for our public listing. We will send around our new business plan and other information for this round shortly. We can't wait to hear your thoughts. We have finalized the syndicate of banks who will be helping us with this raise. It will be Paradigm Capital, Clarus Securities and PI Financial. Off to the races.

Dooma Wendschuh, AllDooma Wendschuh
Dooma Wendschuh Founders Update September 7, 2018
 
dfounder.jpg
 

This week we’ve been working hard to prepare all of the materials and logistics needed for our “roadshow.” We’ll be hitting several cannabis conferences over the next few weeks. We’ll be presenting at the Cannabis Private Investment Summit in New York on September 13th. We will also be presenting at the Arcview International Investor Forum in Chicago taking place September 16th-18th. Finally, we’ll be at the Extraordinary Future conference in Vancouver September 19th & 20th. We hope to see some of you at these events. We’ve done some great work updating our business plan and marketing materials and are looking forward to sharing them with you.

We’re also very happy to welcome Erin Shand to our team. Erin is my new executive assistant. She has a wealth of experience from various fields and is going to be a great asset to our team.

Dooma Wendschuh, AllDooma Wendschuh
Jennifer Dianne Thomas Founders Update September 7, 2018
 
jennifer.jpg
 

This week so much happened on the legal and finance team. It was a whirlwind. I am really excited about all of the long-term projects that are starting to come to light and are nearing the finish line. I think these kinds of projects help keep the team eager and focused. I think completing long-term projects that relate to organization also helps the team to feel like we are officially getting ahead of the work instead of always working from emergency to emergency. It was a great feeling this week to have several people ask for help preparing documents that we anticipated that they would need and had already prepared in advance. Great morale boost! I am so pleased with how our team is coming together.

Jennifer Thomas, AllDooma Wendschuh
Dooma Wendschuh Founders Update August 31, 2018
 
doomaf.jpg
 

This week we received comments to lease from the landlord at 270 Hunter Road in Grimsby. We hope to complete negotiations and have this signed very quickly. We've already submitted the deposit to the landlord. We've received an estimate from the engineers to commence the plans. They're ready to go. We're locked and loaded and should have a building soon. 

Also this week we received an accepted offer from Natalia Murataeva, a Ph.D. neurobiologist with more than 10 publications in well known peer reviewed journals. She will start with us in October and will steward the development of our Ultra Premium Products. Welcome aboard!

Oscar J-T Holm Founders Update August 31, 2018
 
 

This week has been a lot of work on the new, updated business plan. We have also have had some great meetings between the production and marketing department. We have started to look what possibilities there with different equipment to produce items for labeling and packaging as well as bottling and canning lines etc.

Oscar Holm, AllDooma Wendschuh
Jennifer Dianne Thomas Founders Update August 31, 2018
 
jennifer.jpg
 

This week tensions were high because we have so many big projects and deadlines. Despite the high stress, I had a moment of clarity and realized how far we have come towards our goal and was proud knowing that so many companies haven’t even made it as far as we have. We are close to going public and getting our license. These goals are well within our reach and we believe them to be attainable – one year ago we weren’t even focused on such challenges. So this upcoming week my message for the team is that the next summit might seem out of reach but we just have to keep climbing.  

Dooma Wendschuh Founders Update August 24, 2018
 
dfounder.jpg
 

The big news this week is that we have a building. We'll be moving into 270 Hunter Road in Grimsby, Ontario, soon. The building is 123,000 SF and in a great location in Canada's equivalent of Napa Valley. It's also very close to the USA which should have some benefits when it comes to shipping. We'll be moving in the next few weeks. Greg from our Product Team is taking the lead on the construction, demolition, etc. It's time to rock and roll and start making some beer. In other news, I've spent most of my time this week preparing our business plan for our going public offering. It should be done soon. Can't wait to hear your thoughts

Dooma Wendschuh Founders Update August 17, 2018
 
dfounder.jpg
 

The Business Development and Fundraising Team is starting to feel the pressure as we prepare for our Series B raise where we will raise around $30 Million. We already have some very firm commitments for this raise from a few key institutions. All we need now is to put together the business plan and term sheet, wrap up the syndicate, and finish the financial model. It's a lot of work to do, and not enough time in which to do it.

Also this week, we made a few offers to some potentially amazing new team members. We will let you know if they accept.

Perhaps most importantly, this week we had a phenomenal meeting with one of the world's largest spirits brand. They seem extremely interested in working with us, and we are already working on follow-up. Oscar is taking the lead on following up with them and will provide updates. I want to especially thank Province Brands Co-Founder Tarek Tabsh and Province Brands Advisor Gavin Sathianathan who helped set up the meeting and were phenomenal in the room. Fingers crossed.