GrownbyGreen

GrownbyGreen

Legal Cannabis Business

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Form C
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Security Type
Revenue Sharing
Categories
Cannabis & Smoke Products
Min Investment
$100
Location
METHUEN, MA
Expected Close Date
April 06, 2022
Target Raise
$100.00K-$107.00K
No. Investors
89
Security Price
$1
Investment Multiple
2×
Business’s Revenue Share:
8%-8.6%
Securitization
None
Maturity Date
July 1st, 2026
Website
grownbygreen.com
Number of Employees
2
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Grown by Green is a local, minority-owned, cannabis cultivator based in Massachusetts. Our company focuses on creating sustainable, regenerative soil practices that can be translated into large-scale cannabis production. Our goal is to create high-quality, organic cannabis flower using our clean soil methods.

Use of Proceeds


Equipment
$15,000

Buildout
$10,000

Operating Expenses
$5,000

Legal
$44,000

Lease
$20,000

Mainvest Compensation
$6,000 Total $100,000
Amount Raised : $32,800
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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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