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Security Type
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SAFE
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Categories
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Other
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Min Investment
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$100
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Location
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San Francisco, CA
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Offering Date
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January 01, 0001
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Expected Close Date
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November 09, 2019
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Target Raise
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$25.00K-$1.07M
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Deal Notes
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$1.00 per share
20% per share
Company Description
We develop talent through our equity incubator and assist minority business owners, many of whom have been disproportionately impacted by the war on drugs, in the following areas:
Licensing support
Compliance and regulatory training
Patient care with a focus on medication therapy management
Property procurement
Operations and supply chain development
Secure funding
Direct-to-consumer marketing
Perks
Invest $250 Receive $250 Crowd SAFE + Good Tree t-shirt.
Invest $500 Receive $500 Crowd SAFE + Previous perk PLUS 1/8th of premium cannabis flower (upon visiting Los Angeles or the Bay Area).
Invest $1,000 Receive $1,000 Crowd SAFE + Previous perks PLUS social media shoutout across our social media channels.
Invest $5,000 Receive $5,000 Crowd SAFE + Previous perks PLUS access to Growing Talent's Executive Council, a private group for serious professionals building in the Cannabis industry. Members will have first access to licensing, franchise, and investment opportunities.
Invest $10,000 Receive $10,000 Crowd SAFE + Access to Advisory Board with invitation only networking reception with investors and entrepreneurs. + Priority processing for future franchising opportunities. + Priority access to recommend, or own your own dispensary, participate in the development of the company. + Direct 1-on-1 access to CEO, our team of attorneys and accountants and ability to influence direction and organization of company.
Invest $15,000 Receive $15,000 Crowd SAFE + Previous perks PLUS the naming of your own strain.
Key Deal Facts
Growing Talent is a cannabis technology company rooted in social justice
Proprietary operating system built on Salesforce
Data from 30,000+ deliveries decreasing average delivery time to ~60 min
Secured almost $500K in capital to secure properties and build supply chain
Over $200K MRR with over $3.5M in sales since 2018 for a retail partner
7 cannabis licenses in Los Angeles, Oakland, and San Francisco
Data above from assets contributed by affiliate to Growing Talent LLC
Use of Proceeds
Marketing: 11%
Software Development: 19.1%
Working Capital: 19.3%
Equity Partners: 50.5%
Management Team / Advisory Board Bios
Rashaan Everett
Founder and CEO
Founder, Good Tree | Founder, Growing Talent | BS, Finance, Howard University
Carl Ganz
CTO
Founder, CannaData | METRC Certified | MS, Applied Mathematics, California State University, Northridge | BA, Mathematics & Economics, University of Colorado
Dr. Eric Patrick, PharmD
COO
Founder, Black Market Exchange | PharmD, Howard University | BS, Biomedical Sciences, University of South Florida
Deal Notes
$1.00 per share
20% per share