Hummingbird Labs

Hummingbird Labs is seeking investment
to buildout facilities, equipment purchases and operations. The demand for safety compliance facilities greatly exceeds the supply in Michigan. The state produced $1.79 billion in cannabis revenue in 2021, all that product had to be tested for potency and contaminants before being sold. Hummingbird Labs will help ease the burden on the cannabis supply chain.

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Security Type
Revenue Sharing
Categories
Laboratory
Min Investment
$100
Location
FAYETTEVILLE, GA
Expected Close Date
September 30, 2022
Amount Raised
$62,100
Target Raise
$500K-$1M
No. Investors
61
Security Price
$1
Investment Multiple
1.7×
Business’s Revenue Share:
4%-8%
Securitization
None
Maturity Date
December 31st, 2027
Number of Employees
4
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

Company Description

Hummingbird Laboratories, LLC is a Safety Compliance Facility that offers cannabis testing
services in the State of Michigan. We are a full-service Safety Compliance Facility (testing lab)
offering a one-stop solution where our customers can be guaranteed they are in full
compliance with all regulatory requirements.

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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