Hemptown

America's Next Investment

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Security Type
Common Stock
Categories
Cannabis & Smoke Products
Min Investment
$200
Location
West Hollywood, CA
Offering Date
December 28, 2020
Expected Close Date
May 02, 2023
Target Raise
$100.00K-$5.00M
Security Price
$1.40
Deal Notes

Price per Share: $1.40

Valuation
$56,000,000
Website
hemptownusa.com
Number of Employees
2
Cash
$21,420
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-504,854

Company Description

All of our products are made using industrial hemp directly off our family-run farm in Southern Oregon. By using our own hemp, we can ensure quality and consistency, as well as keeping our costs low and margins high.

The Hemptown Naturals brand includes a full lineup of premium smokable flowers in multiple strains, hemp pre-rolls, and hemp cigarettes. Hemptown’s hemp cigarette line is anchored by a 20 pack of “Hemp Stix” - premium hemp cigarettes with less than 0.3%-THC and zero nicotine, are made with 100% pure hemp direct from Hemptown’s farm in Oregon. The Company’s proprietary premium blend of CBG and CBD will be available in original blend, alongside a wide range of flavors, starting with Pineapple Express. Customers can purchase the products now at www.hemptownusa.com/shop and soon, at smoke shops and convenience stores across the United States.

Perks

$100+ - $10 gift card
$500+ - $30 gift card
$1000+ - $60 gift card
$5000+ - $100 gift card
$10,000+ - $500 gift card
$25,000+ - $1,000 gift card
$50,000+ - $1,000 gift card + Exclusive HTN product package
$100,000+ - $5,000 gift card + Exclusive HTN product package + tour of HTN farm + 1 yr of HTN products

Key Deal Facts

Positioned to dominate the emerging hemp smokable category and disrupt the $800B+ global tobacco industry.
Fortune 500 management team, with experience including Kelloggs and Intel.
All products are grown on our family-run farm in Southern Oregon.
Proprietary terpene infused filter technology.
Industry established brand with a reputation for quality.

Management Team / Advisory Board Bios

Eric Gripentrog - CEO
Eric has worked in the Consumer-Packaged Goods industry for 27 years. He worked for the Kellogg Company for 25 years in several different roles, both domestically and internationally, and most recently leading Paneras Consumer Packaged Goods division. He is known as a change leader. With a strong background in the development, marketing, and delivery of leading consumer packaged goods brands. Eric is driving the future growth of Hemptown as the company expands its footprint in the CPG space.

Zayn Kalyan - President
Zayn Kalyan is an experienced manager and business development executive. He has served in upper management and on the boards of two public companies since 2014. He has hands-on experience in the day-to-day management of small and mid-size organizations and has played an integral role in key initiatives throughout Hemptowns rapid growth since the companys inception

Deal Notes

Price per Share: $1.40

Amount Raised : $3,226,477
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