The Heritage Club

The Heritage Club

Cannabis Business

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Security Type
Revenue Sharing
Min Investment
$250
Location
Boston, MA
Offering Date
November 10, 2021
Expected Close Date
January 14, 2022
Target Raise
$20.00K-$250.00K
Security Price
$1
Website
heritageclubthc.com/

Company Description

The Heritage Club is currently a Boston and Massachusetts provisionally licensed Adult Use Cannabis Dispensary located in Charlestown, MA. The Heritage Club was the first dispensary to receive a license in Charlestown. The Heritage Club is Black & Woman Owned and operated. The company is also a Social Equity business, certified by the Cannabis Control Commission (CCC) and the Boston Cannabis Board’s (BCB) equity programs. These programs were designed to help facilitate full participation by those affected by the war on drugs. We aim to raise the bar and do things differently.

Key Deal Facts

The Heritage Club aims to create a streamlined retail experience in-person and online.
Ultimately, we hope to leverage the work we do and use it to enhance the surrounding community.

Use of Proceeds

  • Build Out: $200,000
  • Rent: $35,000
  • Mainvest Compensation: $15,000

Management Team / Advisory Board Bios

Nike John
Owner
Nike was born & raised in Boston. She currently lives in Dorchester. She is the daughter of a first- generation immigrant.In 2015, Nike graduated from Northeastern University’s D’Amore McKim School of Business with a degree in Finance and a minor in PsychologyShe is the Broker and owner of Vibe Residential, a Boston based real estate firm.
Amount Raised : $15,100
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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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