Urb Sciences

Supplier To The Cannabis Industry

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Security Type
Debt
Categories
Retail, Technology, Financial Services
Min Investment
$100
Location
Holmdel, TX
Offering Date
September 17, 2021
Expected Close Date
April 08, 2022
Target Raise
$50.00K
No. Investors
53
Security Price
$1
Valuation
$24,700,000
Website
urbmicrobes.com

Company Description

URB started out as a “picks and shovels” supplier to the industry with products for growers and consumers. The phrase ‘picks and shovels” comes from the California Gold Rush of 1849; some miners struck it rich, but most did not, however, those who sold items to the miners, such as picks and shovels became very rich, most notably the Levi Strauss company which got its start by selling jeans to miners. URB does not “touch the plant”; unlike growers and dispensaries, we are completely legal at both the federal and state levels.

Key Deal Facts

URB grew sales 530% last year and the company is profitable!
Cannabis companies are growing rapidly and URB is a proxy for the industry.
URB has over 50,000 Instagram followers which were all obtained organically
URB will be opening a multi-vendor ecommerce site -- the "Amazon of Cannabis."

Management Team / Advisory Board Bios

Lou Elwell, President
Lou have been a co-founder, Director and officer of three public companies. With over three decades of entrepreneurial experience, he is ready for URB to become his fourth public company.

Cody Yeager, Vice President
Cody Yeager is the Director of Technical Services for URB and runs our social media sites. Cody shares our vision and passion for growing high quality, organic cannabis. Previously to URB, Cody served in the U.S. Air Force.

Larry M Pearlman, Vice President
Larry M. Pearlman is the Director of Ecommerce, researching, designing, and implementing the listing of URB products in various ecommerce platforms. Larry is a graduate of the University of California at Berkeley with a degree in Business Administration.
Amount Raised : $61,104
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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