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Security Type
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Crowd SAFE
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Categories
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Service Businesses
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Min Investment
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$100
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Offering Date
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April 21, 2020
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Expected Close Date
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October 21, 2020
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Target Raise
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$25.00K-$1.07M
Company Description
You and your furry best friend share more than love. Humans and pets have a very similar endocannabinoid system. Humans aren't the only creatures with anxiety. Severely traumatized rescue dogs need more than hands-on training to help to stabilize their moods. There are few, if any low-risk and effective ways to help animals manage their stress and maintain mental health. The fast growing CBD trend is exposing itself to serious health concerns due to potential drug interactions and susceptibility to toxins. There is a lack of CBD education for human products and this lack is even more apparent for pet products.
Key Deal Facts
Sold in over 60 retail locations across 4 states within 10 months
Over 20% repeat customers
$4B+ market for CBD products
Market leader in CBD dog treats
11K+ devoted followers since launch (Feb '19) and growing rapidly
Woman and minority-owned business
Featured in PopSugar, LA Times, Yahoo! Finance, Cheddar TV, and more
Use of Proceeds
- Sales
- Marketing
- Operations
- Product Development
- Tech Development
- General Working Capital
Management Team / Advisory Board Bios
Minchul An - Co-Founder & CEO
Lisa Zhan-Monigan - Co-Founder & COO