Drop Delivery1

Drop Delivery1

Empowering Cannabis Companies To Deliver More

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Security Type
Common Stock
Min Investment
$100
Location
Venice, CA
Offering Date
July 08, 2020
Expected Close Date
July 08, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Price per Share: $0.75

Valuation
$8,350,000

Company Description

Drop is the first all-in-one platform designed to help cannabis retailers safely – and compliantly – sell cannabis products, collect digital payments, handle supply chain management, and last mile delivery. Not to mention, it does it at an extremely affordable price compared to alternative options. This means this unique software solution is designed to help cannabis retailers achieve higher profit margins under the existing regulatory regime — not under the hopes any meaningful laws will be passed. Year to date, the Drop Delivery software platform is already being used by more than 96,000 retail customers, and has processed more than $6 million in transactions in 2020 across multiple states. The company is seeing 30%+ growth month-over-month across major data points, which include clients, transactions, and marketing engagements. And, the management team has a proven track record in the cannabis space, recently selling its cannabis order ahead platform for dispensaries – Greenlight – after only 9 months of operation.

Key Deal Facts

Here’s your chance to get a piece of a fast-moving startup that’s about to disrupt the $146.4 billion global cannabis industry…
Help unlock the “Green Rush” that entrepreneurs and investors have been promised for years, and…
Potentially transform the way an entire industry does business in 2020 and beyond.

Management Team / Advisory Board Bios

Vanessa Gabriel, CEO
Founder of multiple startups and recently exited in the cannabis industry with Greenlight, the first mobile order ahead app within 9 months of launching.

Marc Lopez, CTO
Web developer with over 8 years of experience in established and rapidly growing industries with a focus in mobile development and data analytics.

Jade Gabriel, CPO
Award winning UI/UX designer that has led product teams for social streaming, fashion, mobile commerce, and cannabis. Her products have grossed over $65 million in sales transactions.

Quincy Taylor, Director of Sales
5+ years of experience in the cannabis industry from managing retail locations, selling software, and overseeing client accounts.

Deal Notes

Price per Share: $0.75

Amount Raised : $0
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