Legal & Finance Update November 17, 2017

 
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THIS WEEK'S UPDATES

  • I spent a significant about of time in Vegas at the MJ Biz conference. The conference was full of vendors and colleagues. When I attend these events I realize how special our product is. No one on the market is undertaking such a big task. I met with several potential partners and vendors. 
  • We brought on several new advisors to the company and we are very excited about revealing their names - which will soon come. 
  • We are working to finalise agreements with all of or contractors and this week we checked two people off the list of four. 
  • As we prepare to close our first round, the legal department has been busy finalising all necessary agreements.
  • We are bringing in some large investors for the next round and those agreements need to be tailored to their specific needs. 
  • The legal department has been working diligently to ensure that our potential investors are happy and will continue with Province as it grows.
  • We are working to finalise all outstanding Employee, Advisor, Contractor, Consultant documents including agreements and grants.
  • Our formation documents have reached their final stages, and we look forward to establishing a strong corporate framework for Province to rely on for years to come.
  • We are awaiting implementation of our share management software.
  • The legal department has been working with a trademark expert to perfect our strategy regarding protecting all of Province’s trademarks.

LOOKING FORWARD

  • We are looking forward to finalizing the SEO agreement with CyberActive consulting.
  • We are working towards creating a private label and distribution agreement with Clausthaler.
  • Tying up any loose ends and legal documents that relate to the closing of this round.
  • We are also hoping to go completely online with Government of Canada filings and submissions
  • We anticipate finalising our trademark strategy in the coming days, and submitting our applications with the USPTO.

THINGS WE NEED HELP WITH

  • We could use help from anyone who is familiar with dual classes of shares that have a sunset provision.