-
Min Investment
-
$200
-
Expected Close Date
-
April 28, 2023
-
Target Raise
-
$25.00K-$1.07M
-
No. Investors
-
100
-
Security Price
-
$1
- Number of Employees
- 5
- Cash
- $323,928
- Revenue
- $1,322,758
- Short Term Debt
- $291,123
- Cost of Goods
- $253,439
- Long Term Debt
- $305,005
- Net Income
- $-603,143
Key Deal Facts
Forbes calls Toast the "Moët Hennessy of Cannabis"
Cannabis is a $100B+ TAM; pre-rolls are fastest growing category, 30%+ CAGR
Toast is on track to be the national leader in premium, cannabis pre-rolls
60% Retail Sales CAGR since inception; recent launch of New York Market
Asset light, scalable, 60-90% gross margins, scale EBITDA margin of 30%+
Raised nearly $15M from Venture Capital, Family Offices and Angels
Founders w/ 60+ yrs. exp.; ex CMO AB InBev, ex Bridgewater, ex Accenture
Perks
Reserve
$300
Receive
Added to our VIP List for exclusive offers from WeToast.com
Reserve
$1,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Reserve
$3,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Custom Artwork Toast T-Shirt ($85 Value)
Reserve
$5,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Custom Artwork Toast T-Shirt ($85 Value)
Toast CBD Kit ($250 Value)
Reserve
$10,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Custom Artwork Toast T-Shirt ($85 Value)
Deluxe Toast CBD Kit ($500 Value)
Reserve
$50,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Custom Artwork Toast T-Shirt ($85 Value)
Deluxe Toast CBD Kit ($500 Value)
Optional Smoke Sesh with Management Team
Reserve
$100,000
Receive
Added to our VIP List for exclusive offers from WeToast.com
$100 Gift Card for Toast online CBD store
Custom Artwork Toast T-Shirt ($85 Value)
Deluxe Toast CBD Kit ($500 Value)
In-Person Guided Cannabis Farm Tour
Management Team / Advisory Board Bios
Chris Burggraeve
Co-Founder, Executive Chairman
ex Global CMO AB InBev, Coca-Cola, P&G
Punit Seth
Co-Founder and CEO
ex Bridgewater Associates and Accenture, NYU Stern MBA
Shovahn Rincón
Co-Founder, COO, Board Member
ex Associate Partner at Accenture, Northwestern University
Martin McCarthy
Board Observer, Investor, Advisor
Exited multiple businesses, 451 Group, Uptime Institute, HBS
Will Clayton
Director of Corporate Development
Macquarie, Digital Bridge, SIG, Towson University
Craig Mogan
Advisor
Jeff Kennedy
National Director of Sales
Alyssa Pena
Operations Manager
David Osorno
Marketing Manager
Adam Moody
Head of Product
Mary Louise Price Foss
Digital and Social Media - Supermini
Brooke Scher
Public Relations - Alison Brod Marketing + Communications
David Freylikhman
Outside General Counsel - Greenberg Traurig
