Bando Alternative Group Delivery
[Closed for Investment] Bando Alternative Group Delivery is raising funds on MainVest. It is an upcoming cannabis distribution company in Massachusetts. Bando Alternative Group Delivery will provide affordable and reliable cannabis delivery service and will remain dedicated to exceptional customer service. The company has found its building, secured its HCA and special permit with the city, and plans to launch at the start of 2024 after obtaining all the required licenses. Stephen Barboza and Mackenzie Long founded Bando Alternative Group Delivery in December 2020. The current crowdfunding campaign has a minimum target of $80,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase two vehicles and outfit them.
Investment Overview
Raised: $0
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 10/24/2023
- Close Date
- 01/23/2024
$80,000
$124,000
$100
Revenue Share
Pre-Seed
RegCF
1.40X
7.65%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/23/2024 | MainVest | - | $0 | Revenue Share | Not Funded | RegCF |