The 420 Hotels

The 420 Hotels

A new chain of boutique hotels and on-site cannabis consumption lounge

Print
Claim My Business
Security Type
Common Stock
Min Investment
$200
Location
DENVER, CO
Offering Date
March 16, 2022
Expected Close Date
April 30, 2023
Target Raise
$15.00K-$426.94K
No. Investors
59
Security Price
$0.18
Valuation
$7,540,276
Number of Employees
7
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

At 420 E. 11th Ave in downtown Denver, an iconic hotel is the seed for an ambitious concept. The 420 Hotels aspires to be at the forefront of a new type of cannabis hospitality—a chain of boutique properties that combine high-end hotel accommodations with a members-only cannabis club.

Perks

Reserve
$420
Receive
Limited Edition Signature Hat Pin

Reserve
$710
Receive
Limited Edition GrassRoots Custom Hat exclusive to this campaign.

Reserve
$1,000
Receive
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat

Reserve
$2,500
Receive
Custom GrassRoots Robe
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat

Reserve
$5,000
Receive
Founder's Club Membership-good for 420 total visits to any The 420 Hotels lounges
Custom GrassRoots Robe
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat
Limited (100 left of 100)

Key Deal Facts

This offering pertains to the entire hotel parent company
Initial property is the Patterson Inn at 420 E 11th in Denver, Colorado
9+ yrs of hotel operations and over $1M+ revenue over the last 3 yrs
Includes licensed cannabis consumption lounge expansion (license pending)
1st in the nation to pair 4-star overnight lodging and cannabis hospitality
Offering includes the property, hotel operations, unique licensing
Also includes 50 reserved URLs for chain expansion as regulations permit

Perks

Reserve
$420
Receive
Limited Edition Signature Hat Pin

Reserve
$710
Receive
Limited Edition GrassRoots Custom Hat exclusive to this campaign.

Reserve
$1,000
Receive
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat

Reserve
$2,500
Receive
Custom GrassRoots Robe
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat

Reserve
$5,000
Receive
Founder's Club Membership-good for 420 total visits to any The 420 Hotels lounges
Custom GrassRoots Robe
Limited Edition Signature Hat Pin
Limited Edition GrassRoots Custom Hat
Limited (100 left of 100)

Management Team / Advisory Board Bios

Chris Chiari
Founder/CEO
Chris Chiari is a driven entrepreneur and award-winning film producer. He has engaged exclusively with the cannabis industry since 2011, and operates Denver’s historic Patterson Inn, the keystone of The 420 Hotels portfolio.

Scott Allen
General Manager of Denver Operations
Scott Allen is an award winning mixologist and hospitality professional. His experience and hands on management has been a key to the success of the Patterson Inn over the last 3+ years.

Andrew Mieure
Cannabis Hospitality Strategist and Consultant
Andrew Mieure, the founder of Top Shelf Budtending, has an extensive track record in the responsible and lawful handling, managing and serving of cannabis and cannabis products in dispensary, consumption lounge, event and wedding settings.

Alina Lekser
Board of Advisors
Alina Lekser is experienced in M&A transactions, strategy and partnerships. Lekser is an alumna of GWU School of Business in DC, with a background in real estate, international trade, sales, business management, branding and business development.

DAS Architects, Inc
Architect & Design Firm
DAS Architects believes that in order to deliver on a client’s needs, you must look at space holistically. That what you put in a room, is just as important as how the room is built. DAS doesn’t build buildings, or even rooms. We create experiences.
Amount Raised : $32,089
Reveal the Score by Voting
_
Not enough ratings to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments