WebJoint

Cannabis delivery software

Security Type: Common Stock
Min Investment: $239
Location: Sherman Oaks, CA
Offering Date: March 18, 2021
Expected Close Date: September 14, 2021
Target Raise: $10.00K-$1.07M
Deal Notes: Price per Share: $3.78

Company Description

WebJoint is a leader in the field of cannabis delivery software, currently serving more than a third of licensed and operating cannabis deliveries in California. In a blooming industry that is expected to grow to $41.5 billion in retail sales by 2025, this company has processed more than $161 million worth of orders in California alone and seeks to expand its operations to all legalized cannabis states.

Key Deal Facts

Proven concept: More than a third of currently operating cannabis delivery companies in California use WebJoint to manage their business operations.
Exploding industry: The cannabis market is expected to reach $41.5 billion by 2025, with delivery being the fastest-growing segment.
Growing company: WebJoint has seen a 346% YoY increase in orders delivered through their platform, with 1.9 million orders completed in 819 different Californian cities and counting.

Deal Notes

Price per Share: $3.78

Amount Raised : $949,211

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