Legal & Finance Update December 8, 2017
THIS WEEK'S UPDATES
- Now that the focus is no longer just raising funds in the seed round, we are turning our focus to opportunities to list as a public company when recreational legalization happens in 2018. As a department we have been pulling together the documents we need to prepare for such a transaction. Additionally, we have been working to finish and submit all of the year end reporting documents.
We are looking forward to Tresorit going live soon. This week we began the process of meeting with each of the team department heads and working n a department budget. While the majority of the focus for the Legal and Finance Department has been working on legal matters, lately another huge task is keeping the company on budget. As we raise money, conscientious spending is really important and the budgets will help with that. We are looking forward to finalizing our 2018 budget.
THINGS WE NEED HELP WITH
We are considering hiring an HR person to help as we build out our team. If you have any suggestions in this area that would be helpful.