GrownbyGreen

Legal Cannabis Business

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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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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