Freshly Baked Company

Freshly Baked Company is seeking investment
to expand our product distribution and launch new exciting product lines such as Biscotti, Macaroons, and Vapes. We're also proud to be the exclusive manufacturer and distributor of all Montel Williams THC products in Massachusetts. We'll be launching Inspire by Montel in the coming months, an exclusive Vape line formulated by Montel. We are also planning on applying for one of the first Social Consumption licenses and we are currently exploring an expansion into New York State.

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Security Type
Revenue Sharing
Categories
Cannabis & Smoke Products
Min Investment
$100
Location
TAUNTON, MA
Expected Close Date
June 17, 2022
Target Raise
$50.00K-$250.00K
No. Investors
23
Security Price
$1
Investment Multiple
1.5×
Business’s Revenue Share:
0.2%-1%
Securitization
None
Maturity Date
January 1st, 2028
Number of Employees
22
Cash
$135,097
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-170,518

Company Description

Freshly Baked Company was founded in 2018 by disabled veterans Philip Smith and Jenny Roseman who found cannabis to be an effective way of managing PTSD associated with their service to our country. Philip is a service connected Marine combat veteran who served in Iraq. Jenny who was an Air Force Medic, is also a service connected veteran and 9/11 first responder at the Pentagon. The gummy recipe that they forged in their kitchen to help them sleep at night is the base of the Freshly Baked gummy today.

Perks

Freshly Baked Company is offering perks to investors.You earn perks based on your total investment amount in this business.

Founder Day

Invest $5,000 or more to qualify.
2 of 4 remaining
Take a tour of Freshly Baked with Phil & Jenny to see how the magic is made then dinner or lunch at one of their favorite local spots.



Key Deal Facts

Freshly Baked Company was founded in 2018 by disabled veterans Philip Smith and Jenny Roseman who found cannabis to be an effective way of managing PTSD associated with their service to our country. Philip is a service connected Marine combat veteran who served in Iraq. Jenny who was an Air Force Medic, is also a service connected veteran and 9/11 first responder at the Pentagon. The gummy recipe that they forged in their kitchen to help them sleep at night is the base of the Freshly Baked gummy today.

Management Team / Advisory Board Bios

Philip Smith
Co-Founder, Executive Chairman and CEO
Philip is a disabled Iraq War combat veteran who served in the Marine Corps. and was honorably discharged in 2004. Philip has had an entrepreneurial spirit from an early age. He started his first company at the age of 12, cutting grass with a friend, and from there he knew he wanted to work for himself.

After serving honorably in the United Stated Marine Corps. where he was responsible for a 1.2 million dollar inventory of secret level equipment and reaching the rank of Sergeant, Philip came home to form and operate a construction company with his father. Philip was responsible for forming the LLC , creating and managing budgets and estimating jobs, including labor and materials. He also hired employees and sub contractors. The company is still in business and doing well.

He also formed a baby products company bringing an invention to market. The product was sold in 15 stores nationwide. Philip managed sales, inventory, shipping, and customer service along with finding all vendors involved in the production of the product. Due to a lack of capital to patent the product, it was eventually taken by a larger company. He also formed an online blinds company drafting all operating procedures and policies. He secured a contract with the Department of Veterans Affairs providing blinds to VA hospitals in the Boston area.

Philip is a marijuana enthusiast supporting both recreational and medical use. Marijuana is something that he believes has greatly improved his quality of life since returning home from the Iraq war. Philip, along with many of his fellow veterans, uses marijuana to help with symptoms of PTSD and to help him lead a productive and fulfilling life.


Jenny Roseman
Co-Founder and President
Jenny grew up in Rehoboth, MA and enlisted in the Air Force in 1999 as an Aerospace Medical Technician. As an IDMT in the United States Air Force, Jenny was deployed to the Pentagon on 9/11 as a first responder. Jenny is a disabled veteran and was honorably discharged in 2003 after serving additional military service with the Air National Guard in Quonset, RI. Upon her honorable discharge, Jenny returned to her home state and began a career leveraging the medical knowledge and experience she acquired while enlisted.

Over the next 15 years she would put her skills to use in multiple medical offices as an assistant office manager, histology technician, and also as an office coordinator. During this time period she also made the decision to pair her interpersonal skills and lifelong interest in Real Estate by becoming a licensed realtor in the state of RI. Most recently, Jenny was the Director of Operations of the Osteo Relief Institute, a high volume injection joint pain relief company. She was directly responsible for the implementation of all operations involved in running over 10 medical clinics nationwide. While she enjoyed the multiple challenges of managing the administrative and logistical pieces of this business, her true passion and strength was embracing the company's unique culture of "people before paper" and training new employees to do the same. Over her three years with ORI she performed her administrative duties with a detail oriented eye toward fiscal responsibility. She looks forward to using all of the experience she has gleaned throughout her medical career, along with her positive attitude and interpersonal skills, to help Freshly Baked achieve its mission and most importantly, to help other veterans in their pursuit of comfort, productivity and happiness.


Melissa Campbell
Chief Operations Officer
Melissa "Mel" Campbell grew up in New Britain, Connecticut where she joined the Army in 1999 as a Chemical Operations Specialist and was honorably discharged in 2005. She also holds a Bachelor of Arts in English from Post University in Waterbury, CT.

When Mel moved to Massachusetts she was an advocate for cannabis helping veterans suffering from PTSD. Coming from a military background and family, it was her dream to help others through cannabis. While working in the industry she has been part of diversity and inclusion groups as well as starting her own women in cannabis support group.

She has 4 years experience implementing cannabis operational strategies and is a leader in processing and packaging in the medical and recreational markets.


Phillip Duarte
Chief Compliance Officer
Phillip Duarte is the Chief Compliance Officer at Freshly Baked Company. He is also a City Councilor in the City of Taunton, currently serving a one-year term as City Council President. Phillip previously worked as a Legislative Aide to State Representative Carol Doherty. Prior to this, he ran Carol Doherty’s campaign for her special election to the Massachusetts House of Representatives. His time at the State House began as a Researcher for the House Committee on Technology and Intergovernmental Affairs. Phillip is the Chair of the Taunton Pathways Committee, co-founder of Sustainable Taunton, and also serves on the Board of Directors of the Downtown Taunton Foundation. Phillip is a lifelong Taunton resident and holds a Bachelor of Science in Public Health Sciences from the University of Massachusetts Amherst.


Jon Gray
Director of Operations
Jon holds a bachelor's degree in Finance and a master’s degree in Sustainability Science from the University of Massachusetts Amherst. Prior to working at Freshly Baked Company, Jon worked as the Outreach Coordinator for the Southeastern Massachusetts Agricultural Partnership (SEMAP) and as the Office Manager for the Zoning Board of Appeals for the Town of Dighton. With a strong commitment to community service, Jon also serves as the Chair of the Taunton Agricultural Commission and volunteers on a variety of other community environmental projects in the area. Jon lives in Taunton with his wife Danielle and daughter Daisy.
Amount Raised : $25,000
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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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