Cornbread Hemp

Cornbread Hemp

Growth Stage

USDA-Certified Organic CBD

USDA-Certified Organic CBD


Raised this Round:
$432,404 - RegCF
$2,107,404 - Total

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Preferred


Series A

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Alcohol, Tobacco, & Recreational Drugs

Tech Sector


Distribution Model




Capital Intensity



Louisville, Kentucky

Business Type


Cornbread Hemp, with a valuation of $9.99 million, is raising funds on Wefunder. The company has built on Kentucky’s 250-year cannabis tradition to create its CBD brand. The business runs a family-owned USDA organic farm and sells CBD products, including CBD oil, lotion, and gummies. Cornbread Hemp products are of superior quality and have a high number of return customers, with $300,000 in MRR from subscribers. Eric Zipperle and Jim Higdon founded Cornbread Hemp in January 2019. The current crowdfunding campaign has a minimum target of $50,009 and a maximum target of $324,994. The campaign proceeds will be used for digital marketing, lab equipment, and materials and inventory.

Summary Profit and Loss Statement

FY 2021 FY 2020












Net Income



Summary Balance Sheet

FY 2021 FY 2020




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 02/20/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Cornbread Hemp 03/28/2023 Wefunder $9,998,268 $2,107,404 Equity - Preferred Funded RegCF / RegD 506(c)
Cornbread Hemp 10/30/2020 Wefunder $4,000,000 $496,400 Convertible Note Funded RegCF
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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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Cornbread Hemp on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $9,998,268
Price per Share: $13.23

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