Lifted Genetics

Lifted Genetics

Cannabis Buisness

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Security Type
Revenue Sharing
Categories
Cannabis & Smoke Products
Min Investment
$100
Location
MEDWAY, MA
Offering Date
December 15, 2021
Expected Close Date
March 25, 2022
Target Raise
$100.00K-$250.00K
No. Investors
99
Security Price
$1
Investment Multiple
2×
Business’s Revenue Share:
0.4%-1%
Securitization
None
Maturity Date
January 1st, 2028
Website
liftedgenetics.com
Number of Employees
3
Cash
$24,398
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$2,142
Net Income
$0

Company Description

Lifted Genetics will specialize in cultivating hand-crafted, premium cannabis flower that is tailored toward achieving specific effects and medicinal benefits. The Company will invest in the highest quality indoor growing system and cultivate its own hand picked genetics, which will set it apart from the competition. Lifted Genetics’ menu will consist of 12 different strains of cannabis.

Key Deal Facts

The Company has spent a number of years perfecting its menu and building upon its genetics.
The Lifted Genetics team has pheno hunted over 100 strains to identify its top 12 cultivars, giving it a significant advantage.
This allows Lifted Genetics to begin immediately with a variety of fan favorite strains that have gone through this time consuming process.

Use of Proceeds

  • Initial facility build out costs: $235,000
  • Mainvest Compensation: $15,000

Management Team / Advisory Board Bios

Dave Griffiths
CEO
Proven track record of business start up success. Produces year after year growth within service industry. Has handled all facets of running an accomplished business

Mike Griffiths
President of Production
Master Grower with ten years of experience, five within the Massachusetts commercial setting. Consulted for industry leading cultivation facilities across the country. Experienced in all aspects of running a commercial operation

Grant Pickering
COO
Over ten years of experience in compliance and regulation. Vast knowledge in navigating through highly governed industries. Well-versed on all of the Cannabis Control Commission guidelines
Amount Raised : $107,300
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Valuation

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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