Calyxeum
Cannabis Business
Overview
Raised: $4,400
Total Commitments ($USD)
Platform
MainVest
Start Date
03/14/2023
Close Date
05/12/2023
Min. Goal
$20,000
Max. Goal
$61,100
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
0.20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
46
% of Min. Goal
22%
% of Max. Goal
7%
Likelihood of Max
Avg. Daily Raise
$338
# of Investors
6
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Calyxeum is raising funds on MainVest. It is an MBE/WBE-certified cannabis business in Detroit, Michigan. The business runs a boutique cannabis cultivation and processing operation and provides high-quality cannabis products to underrepresented populations. Calyxeum aims to grow its operations throughout Michigan and maintain its competitive edge by strengthening its relationships with existing and new customers. Rebecca Colette founded Calyxeum in June 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $61,100. The campaign proceeds will be used to expand the retail and marketing footprint.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$71,466 |
$0 |
|
COGS |
$20,032 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$28,506 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$20,177 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$95,177 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$100,000 |
$0 |
|
Total Liabilities |
$100,000 |
$0 |
Financials as of: 03/14/2023
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of Calyxeum? Create your account today to claim this raise page.