Calyxeum

Calyxeum is seeking investment
to expand our cultivation, processing, retail, and marketing footprint.

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Security Type
Revenue Sharing
Categories
Cannabis & Smoke Products
Min Investment
$100
Location
DETROIT, MI
Expected Close Date
August 04, 2023
Target Raise
$20.00K-$61.10K
No. Investors
45
Security Price
$1
Investment Multiple
1.5×
Business’s Revenue Share:
0.15%-1.25%
Securitization
None
Maturity Date
September 30th, 2027
Website
calyxeum.com
Number of Employees
6
Cash
$20,177
Revenue
$71,466
Short Term Debt
$0
Cost of Goods
$20,032
Long Term Debt
$100,000
Net Income
$28,506

Company Description

Calyxeum is an MBE/WBE certified business founded in Detroit, MI. We run a boutique Cannabis Cultivation & Processing operation focused on providing underrepresented
populations with access to high-quality Cannabis products.

Management Team / Advisory Board Bios

Rebecca A Colett
CEO
Rebecca Colett is an experienced entrepreneur, technology professional, cannabis advocate, Native Detroiter and appointed board member at the National Cannabis Industry Association. She has worked alongside the Bureau of Cannabis Control in California and The Michigan Regulatory Agency during the development of their Social Equity Programs. She has served on the state Board of NORML, founded a Social Equity incubator and has been featured in many national media publications. Rebecca has also been featured at countless Cannabis Conferences and has lobbied on Capitol Hill in DC, and the State Capitols for Michigan, Georgia, California and Maryland for Equity in Cannabis as well as Veteran Access to Medical Cannabis. Rebecca holds a B.S in Business from Florida A&M University, a MBA from Booth School of Business at the University of Chicago as well as a Masters in Supply Chain from Georgia Tech.


LaToyia R. Rucker
COO
Chief Operating Officer of Calyxeum in Detroit. LaToyia is one of the first females to co-own a Medical Marijuana Licensing Clinic. She is an experienced entrepreneur, educator, master gardener and native Detroiter. In 2014 she was selected by Goldman Sachs 10,000 Small Business and currently is very active as an alumnus. She was also selected by Bloomberg LP 10,000 Small Businesses Coaching Session in 2017. LaToyia is also the founder and owner of Kid Fit Childcare Centers with two metro Detroit Locations. LaToyia holds a B.S. in Biology from the Tuskegee University, a Master Degree in Education from Wayne State University, and a Master’s Degree in Early Childhood Education from Capella University.


Cam Carter
Advisory Board Member
Cameron Carter is a senior contracts manager who specializes in space, aerospace, and ground vehicle weapon systems. Before leading in the private sector, Cameron served as an Air Force Officer stationed in Colorado, Italy, and Kyrgyzstan. He earned his Bachelors from the Air Force Academy and MBA from Yale School of Management. Cameron serves on the advisory board of Calyxeum and participates in other minority inclusive ventures.


Khadijah Adams
Advisory Board Member
Cassondra"Khadijah"Adams is originally from Sugar Land, Texas. She started her first business while raising four sons as a single mother. Khadijah Adams has been a full-time entrepreneur since 1997. She entered the cannabis industry in 2014 by way of the Colorado market. She began investing in cannabis-related companies shortly thereafter and formed MIPR Holdings where she served as the founder and senior managing partner for 3-1/2 years and was responsible for consulting and connecting accredited investors to viable investment opportunities in the space.


Andy Weiss
Advisory Board Member
Mr. Weiss is an industry pioneer, participating since inception of the highly regulated marijuana markets of both Colorado, Nevada, Pennsylvania and Ohio. As a founding partner of iVita Wellness 2010, one of the oldest vertically integrated businesses in the Nationwide industry. Mr. Weiss and his team built a business with a focus on ethics and quality standards. Under his leadership, the company expanded to 3 locations, a state of the art production facility and 40,000 square ft of indoor grow. Mr. Weiss is currently co producing a documentary film regarding social equity and the lack of minority ownership in the cannabis industry.


Kandice Moss
Advisor
Kandice Moss is a graduate of Columbia College Chicago, holding a master’s degree in dance Movement Psychotherapy and Professional Counseling. Her own experience of the healing power of dance and movement and her interest in helping individuals find their "why" led her to further her education in this field.  
Kandice brings a wealth of experience to her private practice, Moss Therapy and Wellness, PLLC. Kandice holds an endorsement in Infant and Early Childhood Mental Health along with certification in Child-Parent Psychotherapy (CPP). She's worked as a dance movement therapist for children and adults with special needs and geriatric population with Alzheimer's & Dementia. Her current specialty of services includes anxiety, depression, trauma, and life transitions. Kandice is a member of the American Dance Therapy Association (ADTA) and Michigan Dance/Movement Therapy Collective. Kandice is the Executive Director of The Moss Foundation, a 501(c)(3), supporting children and families across the Detroit Metropolitan Area. 
Amount Raised : $24,500
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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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