CannaInvestor Magazine Issue #62 | Page 99

CannaInvestor: What is your pre-money valuation? How did you arrive at that valuation?

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JustMary: Our pre-money is 8 million EUR based on DCF valuation.

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CannaInvestor: How much capital are you trying to raise and what will be the use of proceeds?

JustMary: We are trying to raise 2 million EUR in order to boost our community expansion and business development, so we use the proceeds to open new geographies, establish new sales networks and pumping cash on advertising.

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CannaInvestor: What is your exit strategy? Sell, acquisition, or initial public offering?

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JustMary: We are open minded. Some players of the US and Canadian market have started their internationalization in the European continent, entering countries such as Portugal or Germany. Pharmaceuticals are paying more and more attention to the cannabis market. JustMary is evaluating strategic "captive" options to maximize value for its shareholders.

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