Ancient Essentials
About this raise
Ancient Essentials, a manufacturer of superior-quality CBD products, is raising funds on Fundopolis. The company sources 100% of its hemp from suppliers that grow it in greenhouses and plant it in organic potting soil. Thus, the products of Ancient Essentials are pure and meet strict quality guidelines. The products of Ancient Essentials include organic and non-GMO CBD tinctures and are available in independent pharmacies and top-level health food stores. Ancient Essentials was founded by Amy Taylor and Thomas Eugene Taylor in 2019. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $100,000, and the proceeds will be used to overcome the corona pandemic and start its aggressive marketing campaign. Ancient Essentials is on its way to success and made profits in the first month of its operations.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $29,622
- Monthly Burn
- $1,491
-
Runway
- 3.1 months
- Gross Margin
- 30%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/18/2020 | Fundopolis | - | $0 | Debt | Not Funded | RegCF |