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Security Type
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Convertible Note
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Categories
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Social Impact, Food & Bev, Healthcare & Medical, Sports & Fitness
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.07M
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No. Investors
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85
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Security Price
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$1
- Number of Employees
- 5
- Cash
- $1,468
- Revenue
- $1,010,339
- Short Term Debt
- $358,849
- Cost of Goods
- $434,441
- Long Term Debt
- $0
- Net Income
- $-385,358
Company Description
💰 Raised $1.1MM in 2020 after successful proof-of-concept
💥 Distribution in 1500+ locations nationwide
🤝 Partnered with 21 leading distributors
💪🏽 Lean team of 5 people, minimal overhead
💫 $2.42MM projected revenue in 2022 (not guaranteed)
📈 Global cannabis beverage market expected to reach $2.8B by 2025
Key Deal Facts
💰 Raised $1.1MM in 2020 after successful proof-of-concept
💥 Distribution in 1500+ locations nationwide
🤝 Partnered with 21 leading distributors
💪🏽 Lean team of 5 people, minimal overhead
💫 $2.42MM projected revenue in 2022 (not guaranteed)
📈 Global cannabis beverage market expected to reach $2.8B by 2025
Management Team / Advisory Board Bios
Alex Valley CEO + Founder3X founder. 2 exits; left 3rd to start UNITY., Phene Wardlaw CMO + FounderExperienced marketing and ecomm professional with a successful background in tech-enabled consumer goods., Marcus Mitson VP of SalesHighly aggressive, results-oriented sales leader with 20 years of experience selling wine, spirits, and consumer package goods (including CBD beverages)., Raquel Victoria Director of SalesRocky has held sales roles across the finance, marketing, and restaurant supply space. She used her experience to quickly become the top producer and eventually the Director of Sales., Lewis and Robyn Robinovitch Co-Creative LeadsCreative agency and graphic design agency owners, respectively.