Core State Holdings
About this raise
Core State Holdings, the largest cannabis social network in the world, is raising funds on Fundanna Crowdfunding. The company has a pre-money valuation of $4.05 million and owns two digital properties. One of the properties is the social network for the cannabis industry, CannaSOS, and the other one is an advanced cryptocurrency wallet called PTPWallet. Core State Holdings earns by selling digital advertising on CannaSOS to businesses in the health, crypto, and cannabis industry. The company was founded in March 2019 while CannaSOS was launched way back in 2014. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,005,000, will be used for marketing campaigns and to attract more users.
Investment Overview
Invested : $34,297
Deal Terms
Total Commitments ($USD)
- Platform
- Fundanna
- Start Date
- 05/01/2019
- Close Date
- 06/30/2021
$10,000
$1,005,000
$268
Equity - Preferred
Series B
RegCF
$6.70
$4,054,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/30/2021 | Fundanna | $4,054,000 | $34,297 | Equity - Preferred | Funded | RegCF |