Green Grass Acres

Green Grass Acres

Hemp Farm

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Security Type
Revenue Sharing
Min Investment
$1,000
Location
Jackson, MS
Offering Date
October 26, 2020
Expected Close Date
January 06, 2021
Target Raise
$50.00K-$150.00K
Deal Notes

If you invest $1,000, the business agrees to share a portion of their revenue until you have been repaid$1,800. They will owe you this amount by 1/1/2027, regardless of revenue.

Company Description

Green Grass Acres is a certified Hemp Producer. Green Grass was the second in the state to get our license to legally grow and the First blk owned hemp farm in Jackson, MS! We will be employing a 1/2 Acre Plot.

Key Deal Facts

We offer education and exploration at our urban hemp farm in downtown Jackson, MS
We're walking distance from restaurants, hotels and nightlife in the area
First black owned and licensed hemp farm in the state of Mississippi

Use of Proceeds

  • Equipment: $35,000
  • Operating Capital: $86,000
  • Advisement : $20,000
  • Mainvest Compensation: $9,000

Management Team / Advisory Board Bios

James Ridgley Jr
Owner
The VisionaryDear future investment partners I present to you an opportunity to be a part of history. Not only was I the First BLACK to be granted the hemp license in the state of Mississippi, but this is also the First Black-owned and operated farm located in Jackson, MS. I hope you all see my vision on my plans with the farm with only 1/2 acre of land. What we lack in size we will make up for in a totally different experience when it comes to farming.

Deal Notes

If you invest $1,000, the business agrees to share a portion of their revenue until you have been repaid$1,800. They will owe you this amount by 1/1/2027, regardless of revenue.

Amount Raised : $3,500
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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