Cookies on DealMaker
DealMaker uses cookies to enhance our website and products. By using the DealMaker website you consent to our use of cookies and similar technologies. Click here to learn more.

BC Cannabis Entrepreneurs Raise $9.6 Million

Published on 22 January 2020

Trent Kitsch, Jeff Barber, and Ryan Foreman have already founded, scaled, and commercialized several Canadian success stories, including DOJA / HIKU (a vertically integrated cannabis lifestyle brand and brand house) and SAXX (premium apparel).

So, when it came time for the seasoned entrepreneurs to capitalize their newest venture, speed, efficiency and a broad reach driven by digital marketing was top of mind.

Stately plans on tapping into its deep network and leveraging its team’s proven expertise in cannabis, branding and consumer packaged goods to identify an emerging cannabis brand that has the potential to become a market leader and nationally recognized brand.

Invest Stately Brands

That’s where DealMaker makes new realities possible.

Pushor Mitchell LLP Lawyers

The deal was quarterbacked by Pushor Mitchell LLP, a premier regional firm based in British Columbia.

Using DealMaker, Stately and Pushor Mitchell were able to reach and close retail investors based around the world - leveraging the power of the internet. In just a matter of weeks, the company brought in approximately $9.6 million from over five hundred investors, all while based in their hometown of Kelowna, British Columbia.

Investors from
73 cities
across
4 continents
subscribed to Stately through DealMaker.
 

154 investors
completed their subscriptions within
24 hours
of receiving their e-mail invitations.
 

289 investors
closed their subscriptions
completely online
without needing to print or fax a single piece of paper.
 

We had access to an unprecedented depth and richness of insight with DealMaker. The ability to understand and adapt to our investors’ progress was a real game-changer. Jeff Barber, founding partner and CEO, Stately Brands Cannabis Ltd.

DealMaker also unlocked tremendous efficiencies for the issuer’s counsel, Pushor Mitchell. DealMaker helped the firm deliver nimble, cost-efficient solutions to a key client, while focusing its attention on providing high-value legal advice rather than pushing paper – a game-changer for capital raises.

The use of the DealMaker platform reduced the number of email exchanges and phone calls, resulting in a more efficient process overall. DealMaker made it easy to keep track of the progress of our client’s financing. Keith Inman, Partner, Pushor Mitchell LLP

Trent, Jeff and Ryan know how to create excitement, they know how to operate efficiently, and they know how to build a business. And for Keith at Pushor Mitchell, reputation, client service and excellence are paramount.  Where speed, efficiency and quality are critical, issuers and counsel need a reliable solution that keeps up with the pace of the markets. DealMaker delivers.

Want to learn more about Stately?

Stately Cannabis Brands can be reached at https://www.statelybrands.com and info@statelybrands.com.

Are you ready for DealMaker?
If you're ready to take advantage of the groundbreaking DealMaker platform, schedule a demo now.