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Business Development & Fundraising Team Update September 14, 2018
 
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THIS WEEK’S UPDATE

  • Presented in the Cannabis Private Investment Summit in New York, and started receiving interest in Series B.

  • Completed preparing for the events happening on the week of September 18 - 21.

  • Continue working on a new business plan for the going public round. We have a preliminary version and will have the final version soon.

  • Spoke with two potential IR companies to support Province after going public.

LOOKING FORWARD

  • Continuing our roadshow in Chicago, and Vancouver for the next two weeks

  • Working on the last steps preparing for Series B

  • Last touches to the business plan

  • Complete all documentation for Series B

  • Finalize our syndicate together with Paradigm

THINGS WE NEED HELP WITH

  • Here is our road show for the next week:

    • Vancouver – Wednesday, Sep 19 – Saturday, Sep 22

  • If you have any recommendation of potential investors we should meet, please make an introduction.

Marketing Team Update September 14, 2018
 
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THIS WEEK'S UPDATE

  • Continuing on variations of business plans for different uses, including printed versions for the upcoming conferences

  • Creating an overview of packaging for the product team to streamline future orders

  • Finalizing edits for our new promotional video

  • Coordinating delivery of supplies with Yukon Brewing

  • Investment inquiries via social media

  • Social media initiatives

LOOKING FORWARD

  • Working on the 12 case packaging

  • Finalizing an order for printed cans

  • Hiring a marketing intern

  • Continuing work on our custom bottle design

THINGS WE NEED HELP WITH

  • Hiring a marketing intern.

All, Marketing TeamDooma Wendschuh
Productivity Team Update September 14, 2018
 
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THIS WEEK'S UPDATE

  • We helped the legal team build out a Gantt Chart for our Industrial Hemp License application and clean up our sheet for Alcohol Licensure.

  • We ordered laptops for the newest members of Productivity and Product.

  • We made a plan with the Product Team for on-boarding their new consultants.

  • We continued pushing all of our current candidates through the interview and hiring process, including going out with another offer this week.

LOOKING FORWARD

  • We’ll need to review the first draft of the jobs page on the Province Website before it goes live.

  • We need to reach out to the Project Management Institute about them posting our openings.

THINGS WE NEED HELP WITH

  • If you know of any great recruiters, particularly those with a specialty in engineering, please contact caitlin@provincebrands.com.

Product Team Update September 14, 2018
 
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THIS WEEK'S UPDATE

  • Continue to finalize the details for the trials taking place at INRS. We received an initial quote for the work being done at INRS and it was less than expected.

  • INRS is obtaining a quote on our behalf from Agriculture Canada to trial vacuum evaporation.

  • We have finalized the requirements for the brewing equipment and are waiting on quotes from Sprinkman, DME and Krones. JVNW has been contacted multiple times to quote, but no one has responded.

  • We are sourcing the lab equipment and obtaining multiple quotes.

  • Evhert is working on laying out the conceptual design/layout for the facility, we should see a first draft this week.

  • Develop labour plan for years 1–5.

LOOKING FORWARD

  • Finalize the details for completing the trials at INRS.

  • Obtain quotes and negotiate pricing for the brewhouse equipment.

  • Obtain the first draft of the floor plan from Evhert.

  • Have a complete list of lab equipment and specifications to Evhert.

  • Identify job requirements for roles identified in years 1- 2 of the labour plan.

  • Update Smartsheet with labour requirements.

THINGS WE NEED HELP WITH

  • We are struggling to arrange cold storage in/around Quebec for the processed hemp.

  • We will be looking into alcohol extraction and dosing if anyone has any contacts with expertise in this area we would appreciate them.

All, Product TeamDooma Wendschuh
Product Team Update September 7, 2018
 
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THIS WEEK'S UPDATE

  • Continue work with INRS to prepare for hydrolysis pilot in Quebec, includes clarification and concentration.

  • Investigate feasibility of enzymatic hydrolysis and concentration at production scale.

  • Finalized agreement with general contractor Evhert for the high-level design and budgeting for construction at the Grimsby site.

  • Continued working with supplier on brewhouse requirements.

  • Defined team member roles within the product team.

  • Completed washing and milling for hemp being used in the Quebec trials.

LOOKING FORWARD

  • Continue prep work for the trials in Quebec and the Loyalist lab.

  • Set up charter meetings for the pilot and large-scale breweries.

  • Set up building design/layout kickoff meeting with Evhert. Focus of the week will be on building design and layout.

  • Begin defining and documenting team roles and responsibilities.

THINGS WE NEED HELP WITH

  • MNDA DuPont/Genencor

  • MNDA Dr. Lars Rehmann, UWO

  • MTA with DSM Enzyme

All, Product TeamDooma Wendschuh
Productivity Team Update September 7, 2018
 
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THIS WEEK'S UPDATE

  • We helped the legal team build out a Gantt Chart for the upcoming Annual Shareholder Meeting.

  • We joined two interview calls for process engineer and are pushing those candidates on to the next level.

  • We’ve begun discussing updating our training procedure. Caitlin’s move to Ontario should be complete in October, which will facilitate her doing more in-person one-on-one trainings. In the meantime, we’ve expanded the basic training schedule and held some additional phone trainings for new team members.

  • We facilitated shipping our conference booth to Chicago, in advance of Arcview Chicago.

LOOKING FORWARD

  • We need to get all of our job descriptions up on the Province website.

  • We need to do a general check-in with all of our recruiters, get them updated job descriptions, and push them for more candidates.

THINGS WE NEED HELP WITH

  • If you know of any great recruiters, particularly those with a specialty in engineering, please contact caitlin@provincebrands.com.

Legal & Finance Update September 7, 2018
 
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THIS WEEK'S UPDATES

  • This week we had a great initial meeting with a lobbyist team. We are hoping to work with regulators to make sure our products are categorized fairly an accurately within the forthcoming regulations. 

  • We submitted the Series A2 Securities Filing.

  • We submitted an initial draft of the Business Narrative for Filing Document for the CPC transaction.

  • We are making significant movement on the licensure front. We are working to have about 4 of our license applications submitted by early October.

  • We had a call with the president of the Canadian Hemp Trade Alliance and we are looking forward to accepting their invitation to join their trade organization. 

LOOKING FORWARD

  • We are looking forward to finalizing the lease agreement and meeting with the landlord for an on-site property viewing next week. We believe this will be the last stage in securing the leased premises.

  • We are looking forward to creating our first new subsidiary to hold our licenses. We plan to create it this week.

  • We also plan to finalize our agenda and notices for the AGM. 

THINGS WE NEED HELP WITH

  • We are working on an interesting legal issue that requires us to find paths to legally ship hemp between the US and Canada. If you know any one who specializes in this are of the law or agricultural law please let us know.

All, Legal & FinanceDooma Wendschuh
Marketing Team Update September 7, 2018
 
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THIS WEEK'S UPDATE

  • Continued work on new business plan design

  • Received finished Cambridge Bay bottle caps

  • Preliminary interviews with multiple marketing intern applicants

  • Continued development on domain strategy for purchase

  • New press out, see the news section of the website

LOOKING FORWARD

  • Confirming our label design with our co-packer

  • Working on our custom bottle design

THINGS WE NEED HELP WITH

  • Hiring a marketing intern.

All, Marketing TeamDooma Wendschuh
Business Development & Fundraising Team Update September 7, 2018
 
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THIS WEEK’S UPDATE

  • Completed Series A2 with $560,000 invested.

  • Completed our new financial model

  • Continued working on a new business plan for the going public round. We have preliminary version and will have the final version soon.

  • Met with the full Paradigm team to present Series B.

  • Spoke with two potential IR companies to support Province after going public.

  • Met with Hybrid Financial, which will support our efforts on the next.

LOOKING FORWARD

  • Starting our roadshow in New York, Chicago, and Vancouver for the next two weeks.

  • Working on the last steps preparing for Series B.

  • Last touches to the business plan

  • Participate in CPIS New York

  • Meeting with potential investors in Series B

THINGS WE NEED HELP WITH

  • Here is our road show for the next couple of weeks:

    • New York – Thursday, Sep 13 – Saturday, Sep 15

    • Chicago – Sunday, Sep 16 – Tuesday, Sep 18

    • Vancouver – Wednesday, Sep 19 – Saturday, Sep 22

  • If you have any recommendation of potential investors we should meet, please make an introduction.

Team Member Spotlight / Carte Blanche September 7, 2018
 
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Erin Shand, Executive Assistant

I’m Erin Shand, Dooma’s executive assistant and a member of the Productivity Team. I also work for you, our valued Investors. Keeping things on track is my main job, and I’m happy to be of help. Having first heard of Province in early spring of 2018, my first thought was, “Oh, that’s brilliant!" After researching the company and some team players, I knew that I wanted to be a part of Province’s journey. 

My experience includes assisting in legal, municipal government, accounting offices; and most recently, as a personal tax analyst for an accounting firm. Each of those were traditional roles in long-ago established fields; the Cannabis industry is a welcome, yet uncharted, terrain for me.  

I am a mother of two, a watercolour artist, and someone who loves spending time in nature and learning new skills. Being well versed in mixing professionalism and creativity daily, Province Brands is the perfect fit for me. I feel fortunate to be a part of this innovative team that is helping shape the social and recreational culture for generations to come.

Business Development & Fundraising Team Update August 31, 2018
 
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THIS WEEK’S UPDATE

  • Started discussions about our financial model and valuation.
  • Last touches to the financial model.
  • Continue working on a new business plan for the going public round.
  • Set kick-off meeting with Paradigm to start Series B.
  • Scheduled meetings with two IR firms to support Province after we go public.

LOOKING FORWARD

  • Focusing our effort on getting the business plan done.
  • Determine together with Paradigm our valuation for next round.
  • Aiming to close Series A2 as our last raise before Series B.
  • Conduct kick-off meeting with Paradigm for Series B, and conduct syndicate call.
  • Kick-off meeting with Hybrid Financial, which will support our efforts on the next raise.

THINGS WE NEED HELP WITH

  • As we are getting ready for our Series B, that will be concurrent to going public, it would be great to be introduced to potential investors to join the team.

Marketing Team Update August 31, 2018
 
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THIS WEEK'S UPDATE

  • Recreating the business plan with company updates
  • Development of the bottles in 3d Rendering for Dagga, Cambridge Bay, and Rökt Lager.
  • Setting up interviews for marketing team interns
  • Discussed social media strategies for upcoming brand pages with our PR company
  • Progress on domain names to own
  • Communicating with Product Team regarding packaging details for the new brewery 

LOOKING FORWARD

  • Preliminary interviews for marketing interns
  • Continuing social media strategy
  • Receiving Cambridge Bay bottle caps

THINGS WE NEED HELP WITH

  • Hiring a marketing intern.
Legal & Finance Update August 31, 2018
 
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THIS WEEK'S UPDATES

  • This week we hosted a Solium training session for new investors and noteholders to learn about our online share management platform.
  • We are pushing the landlord to get us a revised draft of the lease for the Grimbsy facility.
  • We continued our work on updating any incomplete or outstanding information on our notes and subscription agreements.
  • We worked on the arrangement agreement for the CPC transaction.
  • We received several questions from the AGCO and this week we finalized and returned repsonses to all of their queries. They made a request for a sample of beer and we are working with the product team to prepare a batch for testing.  

LOOKING FORWARD

  • We are looking forward to completing the Series A2 securities filing and drafting ICA’s/employment agreements for all new hires.
  • We also plan to continue working on the Business Narrative for Filing Document for the CPC transaction. 

THINGS WE NEED HELP WITH

  • We are working on an interesting legal issue that requires us to find paths to legally ship hemp between the US and Canada. If you know any one who specializes in this are of the law or agricultural law please let us know.
Productivity Team Update August 31, 2018
 
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THIS WEEK'S UPDATE

  • The research neurobiologist we made an offer to accepted. We’re looking forward to welcoming her to the team in October.
  • Dooma also has a new executive assistant who will be starting on the 10th. We’ve already completed the Productivity Team’s on-boarding for her, and Dooma will start his on-boarding this week
  • Unfortunately, the extraction specialist who accepted our offer had to withdraw from the role. It’s always disappointing when something like this happens, but it’s better to have someone realize the position isn’t right for them earlier rather than later. We’ve gone back to our recruiters and hope to have new candidates soon.
  • We signed with two new recruitment firms for engineering hires and held kick-off calls with each, as well as our other new generalist firm.

LOOKING FORWARD

  • We now have several interesting new candidates for process engineer (with more expected soon), and we need to make sure those interviews happen quickly.
  • Our team had a very productive call with the founders about how to improve our hiring success, and we’re working on planning some trainings to improve our interview process, and also revising some of our job descriptions to better target the interests of different hires.

THINGS WE NEED HELP WITH

  • If you know of any great recruiters, particularly those with a specialty in engineering, please contact caitlin@provincebrands.com.

Product Team Update August 31, 2018
 
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THIS WEEK'S UPDATE

  • Rough sizing, throughput calculations, and budget estimates for bio-processing.
  • 1st pass on 2018-2019 budget, capex, and operations.
  • Requested revised proposal from Evhert and held preliminary discussions with Laporte
  • Hemp arrived in Edmonton for cutting and washing

LOOKING FORWARD

  • Source an engineering firm to support/develop detailed drawings on bioprocesss.
  • Continue budget work
  • Finalize agreement with a GC (Evhert ot Laporte)
  • Coordinate time for meeting on building design/layout
  • Review brewhouse proposals (waiting on final proposal from KHS)
  • Coordinate trip to Pack Expo.

THINGS WE NEED HELP WITH

  • Looking for a source on used office furniture.

All, Product TeamDooma Wendschuh
Product Team Update August 24, 2018
 
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THIS WEEK'S UPDATE

  • Developing the product & science budget for 2018 & 2019.
  • Held discussions with KSH and Ehvert on design and construction of 270 Hunter Road. KSH has declined to provide a proposal as they do not have the capacity for the project.
  • Working with Krones, DME and KSH on bids for the brewhouse.
  • We are investigating hemp seed requirements and options on in house vs. outsourcing. Cost to do in-house are looking prohibitive. Canada Malting has an R&D site and has expressed interest in doing trials.
  • The best news of the week, Robyn has decided to continue working with us.
  • Ordered 4400lbs of hemp for Cambridge Bay trials in Canada

LOOKING FORWARD

  • Finalizing an agreement with Ehvert to do the design and construction at 270 Hunter Road.
  • Source office furniture for 15 people and get the wifi set up at 270 Hunter Road.
  • Continue developing the budget - capital and operational.
  • Work with the marketing team to determine the packaging requirements.
  • Continue working on Cambridge Bay runs at multiple locations in Canada & the US
  • Find a third-party malting partner in Canada

THINGS WE NEED HELP WITH

  • Looking for a source on used office furniture.

Productivity Team Update August 24, 2018
 
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THIS WEEK'S UPDATE

  • We went out with offers for two new members of the Product Team including a research neurobiologist. 
  • We held a kick-off call with a new recruitment firm and signed a contract with another firm highly recommended by Auxly.
  • We planned the on-boarding for the new extraction specialist, but he had to delay his start date. 

LOOKING FORWARD

  • We need to make and offer for Dooma’s executive assistant.
  • We need to sign a new recruiting firm for engineering hires.
  • We need to hold a kick-off call with our new recruitment firm.

THINGS WE NEED HELP WITH

  • If you know of any great recruiters, particularly those with a specialty in engineering, please contact caitlin@provincebrands.com.

Business Development & Fundraising Team Update August 24, 2018
 
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THIS WEEK’S UPDATE

  • Met with one more investment banks to discuss joining the syndicate.
  • Made updates to the financial model.
  • Continue working on a new business plan for the going public round.
  • Met with two craft brewers and two LPs interested in co-packing deals.
  • Last week for our two summer interns, thanks for the help and good luck in the last year of university.

LOOKING FORWARD

  • Focusing our effort on getting the business plan ready on time
  • Finalize the financial model and work on valuation for next round.
  • Contact potential investors for the Series A2, and the going public.
  • Start looking for IR firms to assist us once public.
  • Continue working on potential contracts with breweries and co-packers

THINGS WE NEED HELP WITH

  • Still looking for new team members. Looking for a recommendation for someone with public markets experience to join the business development team.

Legal & Finance Update August 24, 2018
 
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THIS WEEK'S UPDATES

  • The legal team went out to the Grimbsy facility with our ACMPR security consultants this week which is good progress for our ACMPR application
  • We began taking steps to work on our yeast patent application.
  • We continued our work on updating any incomplete or outstanding information on our notes and subscription agreements.
  • On the finance side we continued working on the going public initial filings.

LOOKING FORWARD

  • A few weeks ago, we submitted the AGCO disclosure information paid our fees we have moved to the final review stages of the application process. We received several questions from the AGCO and look forward to responding this week.

THINGS WE NEED HELP WITH

  • We are working on an interesting legal issue that requires us to find paths to legally ship hemp between the US and Canada. If you know any one who specializes in this are of the law or agricultural law please let us know.
Marketing Team Update August 24, 2018
 
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THIS WEEK'S UPDATE

  • New 3D renders of Dagga bottle 
  • Adjusting Cambridge Bay brand bible and graphics 
  • Artwork for 12 pack carton 
  • Strategize domains for all of our brands
  • New photos from last weeks adventures, check them out on Flickr!
  • Reviewing candidates for a marketing intern 
  • As always, more press out. See the news section on the website.

LOOKING FORWARD

  • ompleting the 12 pack case
  • Fine tuning Cambridge Bay brand bible 
  • Launching social media pages for Cambridge Bay 
  • Confirming bottle artwork with contract brewer

THINGS WE NEED HELP WITH

  • Hiring a marketing intern.