Cannabox

Growth Stage

Redefining the online shopping experience for cannabis accessories

Analytics

Raised to Date: Raised: $63,298

Aggregate Commitments $

Platform

StartEngine

Start Date

09/09/2021

Close Date

12/31/2021

Min. Goal

$9,999

Max. Goal

$308,000

Min. Investment

$107

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.14

Pre-Money Valuation

$11,992,800

Rolling Commitments $

Status
Funded
Reporting Date

01/02/2022

Days Remaining
Funded
% of Min. Goal

633%

% of Max. Goal

21%

Likelihood of Max
Funded
Avg. Daily Raise

$560

# of Investors

203

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Phoenix, Arizona

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Cannabox, with a valuation of $12 million, is raising funds on StartEngine. The company is changing the online shopping experience of cannabis accessories with its Cannabox. The box delivers cannabis essentials to the users on a monthly basis and makes the usage of cannabis easy and stress-free. Cannabox has generated $14.4 million in revenue to date, with a revenue growth of 63.5% from 2019 to 2020. Michael Berk founded Cannabox in 2013. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $307,999.50. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,920,001

$2,396,801

COGS

$2,434,796

$1,504,706

Tax

$0

$0

 

 

Net Income

$340,008

$55,840

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$672,948

$240,230

Accounts Receivable

$2,359

$0

Total Assets

$675,307

$240,230

Short-Term Debt

$283,071

$135,998

Long-Term Debt

$8,333

$0

Total Liabilities

$291,404

$135,998

Financials as of: 09/09/2021
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Cannabox 12/31/2021 StartEngine $11,992,800 $63,298 Equity - Common Funded RegCF
Cannabox 04/30/2021 Republic $8,500,000 $230,297 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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 Pro

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Cannabox on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $11,992,800
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Cannabox on StartEngine 2021
View on StartEngine (Closed)
Bullish / Bearish
You're Bullish on Cannabox on StartEngine 2021

Thank you for your vote on Cannabox on StartEngine 2021

Bullish / Bearish
You're Bearish on Cannabox on StartEngine 2021

Thank you for your vote on Cannabox on StartEngine 2021