Business Development & Fundraising Team Update January 12, 2018
THIS WEEK’S UPDATE
Under the guidance of our newest team member, Elad Barak, we will be creating a new business plan and financial model. This work will be ongoing and will take several weeks.
We are continuing due diligence with our prospective licensed producer partner regarding Province’s purchase of a license.
We are advancing discussions with a potential CRO partner capable of doing cellular pharmacology work to help us create our ultra premium products.
Major focus over the next few weeks is to create a new top down financial model. Anyone with expertise modeling who wants to help please let us know. A new draft of the business plan will be next.
We are continuing to work on preparations for the public offering as well as fundraising plans for the next round. We have made an offer to a finance / potential CFO person who can help with preparations for taking the company public.
THINGS WE NEED HELP WITH
Recommendations for banks and also promoters as we get hopefully closer to an expected public offering.