Ancient Essentials
Our hemp is 100% greenhouse grown!
Overview
Raised: $0
Total Commitments ($USD)
Platform
Fundopolis
Start Date
05/10/2020
Close Date
11/18/2020
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/17/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$29,622 |
$0 |
|
COGS |
$20,836 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-17,893 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,602 |
$0 |
|
Accounts Receivable |
$10,817 |
$0 |
|
Total Assets |
$13,162 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/10/2020
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