Cannabiscope

[Closed for Investment] Cannabiscope, a cannabis-focused SaaS platform, is raising funds on MicroVentures. The company has a valuation cap of $2.5 million and works as the link between cannabis retailers and consumers. The Cannabiscope platform makes it easier for the CBD/THC retailers to showcase their products and for the consumers to learn more about the products before purchasing. Cannabiscope was founded in 2018 by David Schacter and Paul Shockley. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for R&D, marketing, and general working capital. Cannabiscope already has over 257 active businesses and has conducted two successful pilot tests.

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Investment Overview

Raised this Round: Raised: $134,420

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
09/26/2019
Close Date
12/09/2019
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

0%

Company & Team

Company

Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
CommerceTech
Location
Henderson, Nevada
Company Website
Visit Website

Team

Employees
1

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/11/2021 Microventures $4,000,000 $19,203 Convertible Note Not Funded RegCF
12/09/2019 Microventures $2,500,000 $134,420 Convertible Note Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Cannabiscope on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $2,500,000

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

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