Brothers Cole

Brothers Cole

Closed: Oct. 2022

About this raise

Brothers Cole is raising funds on MainVest. It is an indoor cannabis cultivator in Marcellus, Michigan. The company operates a 3,200 sq ft facility and has a second facility under construction. Brothers Cole is currently focused on the cultivation and nursery services of cannabis and plans to expand to processing, marketing, consulting, and other businesses in the cannabis industry. James Cole and Caleb Cole founded Brothers Cole in September 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment and construction expenses for the second production facility.

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Investment Overview

Invested this round: $46,800

Deal Terms

Total Commitments

Platform
MainVest
Start Date
08/24/2022
Close Date
10/12/2022
Min. Goal
$25,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

2.00X

Company & Team

Company

Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Location
Milan, Michigan
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
James Cole
Title
CEO
Founder Name
Caleb Cole
Title
President

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

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

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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
10/12/2022 MainVest - $46,800 Revenue Share Funded RegCF
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Add to portfolio
Brothers Cole on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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Follow Brothers Cole on MainVest 2022

Buy Brothers Cole's Deal Report

Warning: according to the close date for this deal, Brothers Cole may no longer be accepting investments.

Brothers Cole Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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