Apex Noire Cannabis (previously Apex Noire)

Apex Noire Cannabis (previously Apex Noire)

Cannabis Business

Cannabis Business

Overview

Raised to Date: Raised: $3,000

Total Commitments ($USD)

Platform

MainVest

Start Date

03/14/2024

Close Date

05/14/2024

Min. Goal
$25,000
Max. Goal
$125,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rev. Share %

0.14%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

29

% of Min. Goal

12%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$94

# of Investors

12

Momentum
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

DORCHESTER, Massachusetts

Business Type

Growth

Apex Noire Cannabis is raising funds on MainVest. It is a full-service experiential cannabis retail location in Faneuil Hall in Boston, Massachusetts. The location consists of a cannabis retail shop, edible factory, cocktail bar, and lounge. Apex Noire Cannabis has already secured the medical marijuana license and signed two host community agreements with the City of Boston and the City of Medford. Tito Jackson founded Apex Noire Cannabis in June 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $125,000. The campaign proceeds will be used for growth capital to commence operations of Edible Kitchen and Roof Deck Bar and Lounge.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-878,423

$-783,491

Summary Balance Sheet

FY 2023 FY 2022

Cash

$45,126

$49,170

Accounts Receivable

$0

$0

Total Assets

$3,646,316

$3,717,352

Short-Term Debt

$1,312,586

$624,717

Long-Term Debt

$3,538,425

$3,593,908

Total Liabilities

$4,851,011

$4,218,625

Financials as of: 03/14/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Apex Noire Cannabis (previously Apex Noire) 05/14/2024 MainVest - $3,000 Revenue Share Active RegCF
Apex Noire Cannabis 02/25/2024 MainVest - $406,500 Revenue Share Funded RegCF
Apex Noire 01/13/2022 MainVest - $735,300 Revenue Share Not Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Apex Noire Cannabis on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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