Business Development & Fundraising Team Update January 12, 2018

 
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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.

LOOKING FORWARD

  • 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.