-
Security Type
-
Common Stock
-
Min Investment
-
$200
-
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.