Snowbelt Cannabis

Snowbelt Cannabis

Legal Cannabis Business

View on Mainvest
Security Type
Revenue Sharing
Categories
Cannabis
Min Investment
$100
Location
Jamestown, NY
Offering Date
December 08, 2021
Expected Close Date
February 11, 2022
Amount Raised
$2,300
Security Price
$1

Use of Proceeds

  • Grow supplies, Labor, Build out: $100,580
  • Mainvest Compensation: $6,420

Key Deal Facts

Passionate about environmentalism
Belief in the cannabis plant and all its beneficial purposes
Living in a well-connected and supportive community
Strong work ethics from over a decade of self-employment
Importance of small businesses and entrepreneurs

Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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