Delivered
Cannabis Business
Overview
Raised: $80,050
Total Commitments ($USD)
Platform
MainVest
Start Date
09/29/2022
Close Date
12/31/2022
Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
Payment Schedule
Annually
Funding Type
RegCF
Return Multiple
1.80X
Rev. Share %
2.38%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/01/2023
Days Remaining
Funded
% of Min. Goal
160%
% of Max. Goal
75%
Likelihood of Max
Funded
Avg. Daily Raise
$861
# of Investors
98
Momentum
Funded
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Location
Holyoke, Massachusetts
Industry
Logistics, Delivery, & Supply Chain
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Delivered is raising funds on MainVest. It is a cannabis home delivery business in Clinton, MA. The business is provisionally licensed and has strategic locations for convenient deliveries. Delivered has a delivery operator license to purchase cannabis and cannabis products at wholesale prices directly from cultivators and manufacturers. The business will open the first warehouse in Clinton and the second in Holyoke. Ruben Seyde founded Delivered in May 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for pre-operating wages, marketing, and miscellaneous expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$16,556 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$116,556 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/29/2022
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