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Business Development & Fundraising Team Update November 9, 2018
 
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THIS WEEK’S UPDATE

  • Continued Series B fundraising.

  • Hosted an institutional investor who was conducting due diligence before a substantial investment. The visit went well, and we are moving forward with the DD. One more visit still required on early December.

  • Started three DD with funds we met at the Hong Kong Cannabis Investor Symposium.

  • Presented at the DC Finance event in Toronto. Good intros to new investors.

  • Worked on a PR to announce a copacking deal with an Ontario brewery.

  • We have a new team member joining next week

LOOKING FORWARD

  • Most of the team’s time will be dedicated to Series B fundraising.

  • Follow up with investors we met on the road show.

  • Participate in the MJ Bizcon at Las Vegas, and meet with potential investors.

  • Get the PR approved and published.

  • Continue looking for more team members.

THINGS WE NEED HELP WITH

  • We will be in MJ Bizcon at Las Vegas, if you or anyone you know is attending, we would be happy to meet. Wednesday, November 14 – Friday November 16.

Marketing Team Update November 9, 2018
 
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THIS WEEK'S UPDATE

  • Campaign strategy

  • Brand Bible

  • We sent out a press release announcing our first product, Cambridge Bay Pilsner, and our contract with Yukon Brewing

  • Writing new press releases for recent white label agreements

  • New press which you can see on our website

  • Meeting with potential new PR firm

  • Continued work with finalizing cans

  • Continued work with 6 pack cans carton

  • Submitted artwork for 24 pack cans carton

  • Meeting with new supplier for child resistant cans

  • We got our PB cap delivery!

LOOKING FORWARD

  • Social media campaigns

  • Posting the new press releases and seeing the realists

  • Discussing media campaigns for Cambridge Bay

THINGS WE NEED HELP WITH

  • Continued guidance regarding potential Health Canada regulations for marketing growing social media platforms

Productivity Team Update November 9, 2018
 
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THIS WEEK'S UPDATE

  • The tour for the potential investor went very well.

  • We began making plans with our immigration attorney for several potential new hires.

  • Marija attended a scientific conference in North Carolina to help source formulations chemists.

LOOKING FORWARD

  • We need to follow up on the contacts we made at the scientific conference.

  • We have several upcoming in-person interviews with potential new hires.

  • We’ll be assisting the legal team in updating their licensure Gantt Charts.

THINGS WE NEED HELP WITH

Product Team Update November 9, 2018
 
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THIS WEEK'S UPDATE

  • Work began on the 1000L trial at FPI.

  • The final 2 conditions were completed at INRS this week.

  • The demolition contractors came to do a walk through.

  • Flavor trials are underway on the first series of INRS conditions.

  • The RFP for the steam requirements has been submitted.

  • Mark Woitzik at Brock Street brewing has agreed to allow us to use his brewery for the 1000l trial, this will begin late Nov/early Dec

  • We have scheduled a pre-consultation meeting with the town of Grimsby on Jan 3rd.

  • The Loyalist team tested and concluded that we can reduced the enzyme concentration from 10% to 6% and still achieve the same results.

LOOKING FORWARD

  • We should receive the 1st revision of the brewhouse layout.

  • RFP’s for the line layout should be received this week

  • The demolition proposals should be received.

  • We will begin pre-design consultation on the office layout.

  • Continue work on the 1000l trial at FPI.

  • Rob and Erin will be developing the protocols for the fermentation process.

  • Continue developing the preliminary design for the hemp/marijuana processing plant.

  • Review the required lab equipment and obtain final quotes.

THINGS WE NEED HELP WITH

Ryan will be taking the lead while Greg is on vacation, please support him as required.

All, Product TeamDooma Wendschuh
Legal & Finance Update November 9, 2018
 
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THIS WEEK’S UPDATE

  • This week we made significant progress on our licensure. We are now only waiting on our security consultant to complete the security plan and we are making final changes on the floor plan.

  • We made updates to our dataroom.

  • We worked with officers to create CTLS accounts and complete their security applications for the licensure process.

  • We are continuing to make a significant number of new hires.

  • We are starting negotiations for our new office in Toronto things seem to be going well. 

LOOKING FORWARD

  • This week a few members of our team are headed to the MJBizCon. Please reach out to us if you will be there. We would love to take time to meet with you. 

  • We are looking forward to sending off samples of the beer to complete the next stage in our alcohol licensure. 

THINGS WE NEED HELP WITH

  • We continually evaluate our internal processes as a department. We are currently evaluating our data room. We have set up several data rooms for many of our deals and investors. We just want to make sure we are doing everything we can to make them the best that we can. If you have any experience setting up and/or improving data rooms, please give us your tips.

  • We have been looking for financing for our larger equipment and if you have any experience in this area please let us know.

Team Member Spotlight / Carte Blanche November 9, 2018
 
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Natasha Murataeva, Cell Biologist

My name is Natasha Murataeva, I am the cell biologist in the Product Team of Province Brands. I have spent my entire research career thus far in the study of cannabinoids, often with an eye on their role in human health. For example, my Ph.D. thesis was about the role of cannabinoids in corneal injury. I was always struck by how little we still know about plant cannabinoids. The changing legal landscape has created intriguing opportunities and allowed Canadian companies to take a leading role in cannabinoid research and product development. When I learned about the exciting vision that Province Brands founder, Dooma Wendschuh, has for the company I immediately knew I wanted to be a part of the team. I enjoy solving difficult questions, challenges for me are opportunities for my imaginative side to create new, unprecedented solutions. Setting out to do something that everyone said to be impossible and succeeding is my definition of happiness.

I am a very active and energetic individual. I love nature and enjoy biking, hiking and climbing. Crafting a healthy alternative to alcohol appeals to me as a health-conscious individual with many like-minded friends. I can clearly see the vast benefits that Province products would offer. My creative side is also excited about the opportunity to design a delicious beer that offers enjoyments without the excess calories and carbs. The fact that I am helping to create that is an exhilarating thought. 

Dynamic environments stimulate my thinking and bring out the best in me. I strive to grow and learn new things as much as I can, and that is exactly why I love research so much—it is a never-ending quest for knowledge. The reason I love working for Province Brands is that I get to apply the acquired knowledge to a paradigm-shifting idea that will revolutionize the world of recreational drinking. Improving the world makes my eyes sparkle and puts a smile on my face. 

Legal & Finance Update November 2, 2018
 
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THIS WEEK’S UPDATE

  • This week began with an amazing start. The team is working really hard to get all of our licensing materials submitted under the new CTLS framework. The good news is we completed our second application this week. The first was our commercial hemp license and the second is our research license. We are working to complete the licensed producer submission. This submission requires our security protocols and the proposed layout of our facility. 

  • We had a new hire start in the finance department he is doing a great job. The finance department is whipping our budgets for next year into shape. They should serve as a guide for each department going into the next year.  

LOOKING FORWARD

  • This week we are hoping (and working diligently) to finish all the final pieces of the puzzle we need for the licensed producer submission.

  • We are working to update our data room.

  • We are hoping to move forward on our employee referral program documents.

  • After that we will be updating the offer letter process.

THINGS WE NEED HELP WITH

  • We continually evaluate our internal processes as a department. We are currently evaluating our data room. We have set up several data rooms for many of our deals and investors. We just want to make sure we are doing everything we can to make them the best that we can. If you have any experience setting up and/or improving data rooms, please give us your tips. 

Product Team Update November 2, 2018
 
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THIS WEEK'S UPDATE

  • The lab results concluded that we have achieved enough sugars without concentration to reach an alcohol content between 7.5%-8%.

  • We will continue to analyze this to see if concentration can be avoided.

  • Rob has arrived at Belleville and is setting up for the flavour and yeast trials.

  • We received the first draft of the 20bbl and 100bbl brewhouse. The initial concept has been commented on and resubmitted.

  • Calls were held with KHS, Krones, CFT, BW and Moravek to discuss the packaging line. Quotes should start coming in this week

  • We continue to develop the design of the hemp/marijuana plant, focusing on steam load requirements and evaporation.

LOOKING FORWARD

  • We will continue working to finalize the lab drawings and brewhouse design. These items are on the critical path and any delays will push out the completion date

  • Pricing for the evaporation requirements will be received on Friday.

  • Rob will continue working on flavour and yeast trials at Loyalist.

  • Colin and Greg will be updating the construction schedule.

  • We are pushing to finalize steam consumption requirements this week to allow us to get pricing and lead time on a boiler

  • Erin will be working at FPI Quebec starting the 1000L pre-treatment trial at FPI.

  • The team at Grimsby will prepare the office for the Cambodian investors visit this week.

  • Hold a call with Mark at Brock Street to discuss using his brewery for the 1000L trial.

  • We will complete the last 2 conditions at INRS this week

THINGS WE NEED HELP WITH

  • We need to arrange financing for the capital items.

All, Product TeamDooma Wendschuh
Productivity Team Update November 2, 2018
 
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THIS WEEK'S UPDATE

  • A project manager and development coordinator accepted our offers. They’ll both be starting on November 19th.

  • We began on-boarding for all new active contractors.

  • We planned a visit for a potential new hire and also a tour for a potential investor.

LOOKING FORWARD

  • We need to confirm all the details for the upcoming tour.

  • We’ll be reviewing the draft of the one-pager to share with new candidates.

  • We need to connect with our immigration attorney about the needs to two potential candidates.

THINGS WE NEED HELP WITH

Marketing Team Update November 2, 2018
 
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THIS WEEK'S UPDATE

  • New photos and soon to be videos from photographer we sent to INRS - see Flickr page

  • Brand Bible for Cambridge Bay

  • Finalizing 3 upcoming press releases

  • Ordered a variation of cans for a test batch

  • Discussions with a new supplier regarding child resistant cans

  • Furthering discussions with advisors for cannabis regulations in regards to packaging

  • Working on 6 and completing 24 pack cartons

LOOKING FORWARD

  • Social media campaigns

  • Posting the new press releases and seeing the realists

  • Discussing media campaigns for Cambridge Bay

THINGS WE NEED HELP WITH

  • Continued guidance regarding potential Health Canada regulations for marketing Growing social media platforms

Business Development & Fundraising Team Update November 2, 2018
 
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THIS WEEK’S UPDATE

  • Continue Series B fundraising.

  • Participated in the Hong Kong Cannabis Investor Symposium.

  • Met with potential investors in Kuwait.

  • Signed a copacking deal with an Ontario brewery.

  • Prepared for a due diligence visit by a big institutional investor coming this week.

  • Sent an offer to a potential new team member.

LOOKING FORWARD

  • Most of the team’s time will be dedicated to Series B fundraising.

  • Present at the DC Finance event in Toronto this Tuesday, Nov 6.

  • Host an institutional investor who is conducting due diligence before a substantial investment.

  • Follow up with investors we met on the road show.

  • Continue looking for more team members.

THINGS WE NEED HELP WITH

  • If you have investors to introduce us too, we will be happy to call/meet them to bring them into the Province Team. If needed, we can travel to present to them in person.

Business Development & Fundraising Team Update October 26, 2018
 
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THIS WEEK’S UPDATE

  • Continued Series B fundraising.

  • Conducted calls and meetings in Toronto, Dubai, and Germany.

  • Contacted investors in to set up meetings for the coming weeks.

  • Moving forward with a few companies (LPs, brewries) to set a copacking agreement

  • Met with one of the leading global alcohol brands.

  • Presented in the Private Cannabis Investment Summit in Toronto.

  • Set and arranged a due diligence visit by a big institutional investor for next week.

  • Interviewed a couple of candidates and started preparing an offer to one of them.

LOOKING FORWARD

  • Most of the team’s time will be dedicated to Series B fundraising.

  • Participate in Arcview Hong Kong.

  • Meet with potential investors in Kuwait.

  • Set meetings with investors while we are on our roadshow.

  • Host an institutional investor who is conducting due diligence before a substantial investment.

  • Follow up with investors we met at the Private Cannabis Investment Summit in Toronto.

  • Continue looking for more team members.

  • Prepare for DC Finance event in Toronto on Nov 6.

THINGS WE NEED HELP WITH

  • If you have investors to introduce us to, we will be happy to call/meet them and add them to the Province Team. If needed, we can travel to present to them in person. Our roadshow schedule is:

    • Tuesday, October 30th – Friday, Nov 2nd – Hong Kong

    • Tuesday, October 30th – Thursday, Nov 1st – Kuwait

Marketing Team Update October 26, 2018
 
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THIS WEEK'S UPDATE

  • Reversed the colour scheme on our Cambridge Bay products - Cambridge Bay Pilsner bottles and cans will now be green, while Cambridge Bay Grand will be brown.

  • Final can artwork has been submitted for production

  • Designing a new slim can to accommodate size regulations while maintaining aesthetic standards

  • Took a trip to Grimsby to photograph the facility pre-demolition, see the photos here.

  • Sent a photographer to INRS facility in Quebec. We will hopefully get the content next week.

  • Translating our website to French

  • Continuing writing multiple press releases

  • See new press in the news section

LOOKING FORWARD

  • Social media campaigns

  • Completing outer packaging for Cambridge Bay

  • Submitting press releases

THINGS WE NEED HELP WITH

  • Marketing guidance regarding potential Health Canada regulations

Productivity Team Update October 26, 2018
 
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THIS WEEK'S UPDATE

  • We completed interviews with all project managers.

  • We began scheduling on-boardings with new contractors.

  • We completed immigration paperwork for the newest member of the R&D team and began her on-boarding.

LOOKING FORWARD

  • We’ll be going out with an offer for a project manager, and possibly one more position.

  • We need to build out on-boarding for all new contractors.

  • We need to hold calls with the Product Team and Marketing Team to make sure we’re on the same page with upcoming hiring requirements.

THINGS WE NEED HELP WITH

Product Team Update October 26, 2018
 
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THIS WEEK'S UPDATE

  • Several candidates have been interviewed for the bioprocess role.

  • First pass of revised Capital plan has been created and reviewed

  • INRS Conditions 1 & 2 were harvested and sent to Loyalist

  • Received demolition approval from the town of Grimsby.

  • Ehvert is putting together a bid plan.

  • Reviewed floor plan with David Hydes group. There were only a few items to review so far but overall the floor plan was well received. We are waiting on their feedback prior to proceeding with the engineer drawings.

  • Colin Cymbalisty has started and will be working with the team to develop the hemp/marijuana processing plant.

LOOKING FORWARD

  • INRS will start 3rd condition of enzymatic hydrolysis this week.

  • Our new Research Neurobiologist, Natasha, starts this week.

  • Rob will begin flavour trials on the 1st & 2nd conditions. These trials will be used for further flavour iterations

  • We are coordinating a 1000L run at FPI QC and FPI PC. The goal is to package this product in 473ml cans.

  • Work with marketing to coordinate consumables for 1000hl runs

  • Continuing working on the equipment list for the laboratory We should receive the first pass of the brewery layout Oct 29th. We will review this with the team and David Hyde’s group.

THINGS WE NEED HELP WITH

  • We need to arrange financing for the capital items.

All, Product TeamDooma Wendschuh
Legal & Finance Update October 26, 2018
 
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THIS WEEK

  • This week we made significant progress on our licenses.

  • Our commercial hemp license and Section 56 license have been updated to the new CTLS system and has either been submitted or planning to be submitted this week.  We are only waiting on our security plans and floor plans to finalize our LP license. Things are moving quickly.

  • We are excited to have Jarred Kubas as a new member of the finance team. He will be working with us for the next three months. His job is to help Ira, our VP of finance, with all of the work related to our transition into a public company.

LOOKING FORWARD

  • Finalizing another round of trademark filings

  • Finalizing our department budgets

  • Updating our board of directors welcome packages

  • Working with our brokerage contact to update/address our D&O insurance.

Team Member Spotlight / Carte Blanche October 26, 2018
 
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Colin Cymbalisty, PEng. Process engineer 

You know the chills you get when listening to a great song? That best describes what I felt when I first heard about my position; I had to re-read the profile a few times to make sure I wasn’t seeing things. A start-up cannabis brewery looking for someone with a lignocellulose engineering background? Amazing! For several years, I’ve had a deep interest in working in the emerging cannabis field or at a brewery and this position struck me as an interesting confluence of my past experience and future career aspirations. I feel now is the most exciting time to be in the industry and believe that Province is a pioneer on the forefront of product development and design.

For over a decade I’ve had the opportunity to provide engineering support across multiple industries, from pre-feasibility design through to detailed engineering and most things in-between. My primary specialization is process design and optimization. I believe one of the worst things we can do is accept that we should do something strictly because that is the way it has always been done. Everything has the ability to improve. 

When not working on engineering design or contemplating the mysteries of the universe, I can usually be found with my partner and puppy at some of the many beautiful green spaces in the city. No children yet so the pup has to bear the brunt of our dress-up sessions. Living in Toronto, the possibilities are endless (similar to the directions the cannabis industry can be taken). Whether it’s hitting up the local farmer’s market for some delicious soppressata on the weekend, checking out that new micro-brewery or gastropub, or biking down to the beach for a relaxing hammock / reading session, there is always a new way to enjoy the city.

Legal & Finance Update October 19, 2018
 
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THIS WEEK

  • We set up our profile on the CTLS system, and it is exciting to think that we will be submitting another application next week for research under the new Health Canada system.  

  • We worked on the department budgets for 2019 and should have them complete soon.  

  • We had our first few calls with the new member of the HR team and we are proud to be rolling out a new employee referral program and offer letter process for new candidates.  

LOOKING FORWARD

  • Looking forward to updating our due diligence process with the help of the business development team.


Product Team Update October 19, 2018
 
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THIS WEEK'S UPDATE

  • Starting the second enzymatic hydrolysis condition at INRS.

  • We have received the demolition permit from the town of Grimsby and will be getting quotes to begin work.

  • Follow up with contacts from the Pac Ex show to obtain budget pricing.

  • Reconfigure the package line based on an 80/20 cans/bottle split.

  • Qualified the concentration requirements for the hemp wort.

  • Our new process engineer Colin starts today. Colin will be taking the lead on design work for the pretreatment plant.

LOOKING FORWARD

  • Start the demolition of the laboratory and office space.

  • Finalize the design for the brewhouse layout.

  • Obtain fixed pricing on the packaging equipment 3rd condition at INRS flavoring trials to begin Nov 1

THINGS WE NEED HELP WITH

  • Financing for the capital equipment

All, Product TeamDooma Wendschuh
Productivity Team Update October 19, 2018
 
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THIS WEEK'S UPDATE

  • Marija completed her first week of on-boarding at Province. We couldn’t be more excited at how quickly she’s gotten up-to-speed.

  • She’s already brought a great deal to the team with her expertise and insight.

  • We built out on-boarding for our new process engineer.

  • We’re optimistic about several R&D and C-Suite candidates and will move all those individuals forward.

LOOKING FORWARD

  • We’ll begin building out a one-pager on the company for new candidates.

  • We need to build out on-boarding for all new contractors.

  • Finding a few new candidates delayed making an offer to a project manager, but we’re very excited about the final group of candidates and will complete in-person interviews this week.

THINGS WE NEED HELP WITH