- 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.
$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.