Brothers Cole

Brothers Cole

Cannabis Business

Cannabis Business

Overview

Raised to Date: Raised: $46,800

Total Commitments ($USD)

Platform

MainVest

Start Date

08/23/2022

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$955

# of Investors

85

Momentum
Funded
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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

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.

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

Financials as of: 08/23/2022
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Brothers Cole on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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

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