AllStar Dispensary
Cannabis Business
Overview
Raised: $1,600
Total Commitments ($USD)
Platform
MainVest
Start Date
12/12/2023
Close Date
04/30/2024
Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rev. Share %
1.05%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$12
# of Investors
8
Momentum
Not Funded
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Year Founded
2023
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
AllStar Dispensary is raising funds on MainVest. It is an upcoming cannabis dispensary experience in Newark, New Jersey. The business will offer high-quality cannabis products and exceptional customer service to its customers and is one of the first employee-owned cannabis dispensaries. AllStar Dispensary will also provide extensive education to eliminate the stigma surrounding cannabis and will create job opportunities for local residents. Janine Squire founded AllStar Dispensary in September 2023. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for electronics, finishes, and furniture.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 12/12/2023
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