- Security Type
- Revenue Sharing
- Categories
- Cannabis
- Min Investment
- $100
- Location
-
METHUEN, MA
- Expected Close Date
- April 06, 2022
- Amount Raised
- $32,800
- Target Raise
- $100K-$107K
- No. Investors
- 89
- Security Price
- $1
- Investment Multiple
- 2×
- Business’s Revenue Share:
- 8%-8.6%
- Securitization
- None
- Maturity Date
- July 1st, 2026
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
Buildout
Operating Expenses
Legal
Lease
Mainvest Compensation
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.