Business Development & Fundraising Team Update May 11, 2018

 
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THIS WEEK’S UPDATE

  • Continued to raise Series A with great traction from both individuals and investment banks
  • Responding to follow up questions as part of the due diligence process by a VC firm from New York that is interested in joining as a key investor in Province
  • Completed first reach out to new investors and partners we met at both Arcview - Vancouver and Cannabis Private Investment Summit.
  • Signed an agreement with another investment bank. We now have three banks assisting
  • Negotiated terms for a new potential lease agreement and visited the site

LOOKING FORWARD

  • Look for the right bank to lead the going public process. We have set meetings with three investment banks
  • Continue raising Series A
  • Continue due diligence with the VC firm

THINGS WE NEED HELP WITH

  • Expanding our network of brokers who can introduce us to new investors.