Growing Talent

Growing Talent

Building the Chick-fil-A of cannabis; franchises in LA, SF, NYC, CHI, and more

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Security Type
SAFE
Categories
Other
Min Investment
$100
Location
San Francisco, CA
Offering Date
January 01, 0001
Expected Close Date
November 09, 2019
Target Raise
$25.00K-$1.07M
Deal Notes

$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

Amount Raised : $147,286
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Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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