Business Development & Fundraising Team Update May 11, 2018
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
- 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.