WebJoint

Cannabis Delivery Software

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Security Type
Common Stock
Categories
E-commerce
Min Investment
$500
Location
Woodland Hills, CA
Offering Date
June 04, 2022
Expected Close Date
September 01, 2022
Amount Raised
$185,627
Target Raise
$10K-$4M
No. Investors
156
Security Price
$3.70
Valuation
$44,400,000
Number of Employees
8
Cash
$357,455
Revenue
$815,966
Short Term Debt
$0
Cost of Goods
$123,765
Long Term Debt
$0
Net Income
$434,698

Company Description

WebJoint is a leader in the field of cannabis delivery software, currently serving more than a third of licensed and operating cannabis deliveries in California. In a blooming industry that is expected to grow to $176 billion in retail sales by 2030, this company has processed more than $244 million worth of orders in California, Massachusetts, Maine, and Michigan, while continuing to expand its operations to all legalized cannabis states.

Perks

StartEngine OWNERS Exclusive Click here to learn more

$499+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$2,500+ Investment
Tier 1
Invest $2,500+ and receive WebJoint t-shirt + 5% bonus shares.

$5,000+ Investment
Tier 2
Invest $5,000+ and receive a WebJoint t-shirt and hat + 25% bonus shares.

$10,000+ Investment
Tier 3
Invest $10,000+ and receive a WebJoint t-shirt, hat, and windbreaker + 50% bonus shares.

$25,000+ Investment
Tier 4
Invest $25,000+ and a WebJoint t-shirt, hat, windbreaker, and swag box + receive 75% bonus shares.

$50,000+ Investment
Tier 5
Invest $50,000+ and receive a WebJoint t-shirt, hat, windbreaker, swag box, and a meeting with WebJoint Executives + 100% bonus shares.

Key Deal Facts

Proven concept: More than a third of currently operating cannabis delivery companies in California use WebJoint to manage their business operations.
Exploding industry: The cannabis market is expected to reach $176 billion by 2030, with delivery being the fastest-growing segment.* Thanks to our investors, WebJoint is now a multi-state operator, processing delivery transactions in California, Massachusetts, Maine, and Michigan. Our revenue has grown ~74% since launching our previous raise.
Strong partnerships: WebJoint has strong partnerships with Weedmaps, Cova, KindTap, and Happy Cabbage to support cannabis deliveries nationwide.

Security Description

Common stock is a security that represents ownership in a corporation.

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