Business Development & Fundraising Team Update March 23, 2018

 
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THIS WEEK’S UPDATE

  • Sent notification to all current investors about our next round in the form of a convertible note.
  • Worked on documentation for the convertible note fundraising.
  • Sent preliminary offer with terms and conditions for a merger with a CPC
  • Updated our business plan as part of preparing for the next round of fundraising.
  • Sent terms and conditions to a prospective LP that is interested in a white label agreement.

LOOKING FORWARD

  • Complete all needed documentation for next fundraising
  • Send all current investors all needed documentation to learn about the next round of fundraising opportunity.
  • We are continuing our work to receive a license in a European country.
  • Continue to work on the potential merger with the CPC
  • Continue to work on white label agreement with LP
  • Continuing to look for a facility for our brewing house.

THINGS WE NEED HELP WITH

  • As we are getting ready for our next round, if you know about prospective investors, please forward their details to elad@provincebrands.com