Toast

Toast

A national leader of premium cannabis pre-rolls for every celebratory moment

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Claim My Business
Form C
View on Republic
Min Investment
$200
Location
NEW YORK, NY
Expected Close Date
April 28, 2023
Target Raise
$25.00K-$1.07M
No. Investors
81
Security Price
$1
Website
wetoast.com
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
Amount Raised : $33,400
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

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