Bud Love

Bud Love

Closed: Jan. 2024

About this raise

Bud Love, with a valuation of $12 million, is raising funds on Wefunder. The company makes cannabis mixers to make cannabis buds better and reduce their side effects. The mixers of Bud Love restore the balance of all the ingredients in cannabis and bring back the full benefits and fun of bud without the unwanted side effects. Bud Love is made from marshmallow leaf, CBG, and rich natural flavors, including terpenes. Roy Lipski founded Bud Love in April 2022. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1.24 million. The campaign proceeds will be used for building inventory reserves, streamlining production processes, marketing, sales and business development, and new product development.

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Investment Overview

Invested this round: $1,851,928

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
10/28/2022
Close Date
01/31/2024
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

20%

Company & Team

Company

Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
San Diego, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
Yes
Founder Name
Roy Lipski
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$33,143
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-397,710

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$82,019

$0

Short-Term Debt

$479,342

$0

Long-Term Debt

$0

$0

Total Liabilities

$479,342

$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
01/31/2024 Wefunder $12,000,000 $1,851,928 Convertible Note Funded RegCF
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Add to portfolio
Bud Love on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $12,000,000

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Follow Bud Love on Wefunder 2022

Buy Bud Love's Deal Report

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

Bud Love Deal Report

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