Bando Alternative Group Delivery
Cannabis Business
Overview
Raised: $6,500
Total Commitments ($USD)
Platform
MainVest
Start Date
10/24/2023
Close Date
12/22/2023
Min. Goal
$80,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.40X
Rev. Share %
7.65%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
20
% of Min. Goal
8%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$167
# of Investors
7
Momentum
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
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.
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: 10/24/2023
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