Business Development & Fundraising Team Update June 15, 2018

 
 

THIS WEEK’S UPDATE

  • Continued to raise Series A, with great traction from both individuals and investment banks
  • Received an engagement letter from an investment bank to lead the going public process.
  • Presented in DC Finance event in Israel and received tremendous interest from local investors
  • Met with world-leading scientists, researchers, and LPs in the cannabis industry located in Israel (images in the slideshow above are from our meeting with Dr. Dedi Meiri, founder of the Laboratory of Cancer Biology and Cannabinoid research at Technion - Israel Institute of Technology). Looking forward to interesting cooperation with cutting-edge technologies.
  • Working on our license in Greece
  • Talking with Provincial Government for financial grants to support Province’s new brewery

LOOKING FORWARD

  • Participating in the DC Finance event in London and conducting meetings with potential European investors
  • Started conversations with few breweries\LPs regarding co-packing and white labeling
  • Talking with potential breweries to co-pack our Cambridge Bay, and have it in the stores by the end of the year
  • Review and get prepared to sign an engagement letter from an investment bank to lead the going public process.
  • Continue discussions with one of the Big Five banks for potential collaboration
  • Continue raising Series A

THINGS WE NEED HELP WITH

  • We are working on the white label and co-packing deals. Would be great to receive more leads, as well as support from investors with experience in such deals.