Desert Cannalytix

Early Stage

CBD-Hemp Testing Lab

Analytics

Raised to Date: Raised: $16,351

Aggregate Commitments $

Platform

Fundanna

Start Date

04/02/2021

Close Date

12/31/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.00

Pre-Money Valuation

$4,000,000

Rolling Commitments $

Status
Funded
Reporting Date

01/02/2022

Days Remaining
Funded
% of Min. Goal

164%

% of Max. Goal

2%

Likelihood of Max
Funded
Avg. Daily Raise

$60

# of Investors

28

Momentum
Funded
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Location

LAS VEGAS, Nevada

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Biotech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

Desert Cannalytix, with a pre-money valuation of $4 million, is raising funds on Fundanna. The company has developed a technologically advanced cannabis testing facility. The testing facility helps to maintain the integrity and high-quality standards related to safety and compliance in the cannabis industry. Malorie La Fuente founded Desert Cannalytix in 2019. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used towards equipment, research and development, sales and marketing, salaries, and general operating expenses. Desert Cannalytix promotes itself through licensed distributors, licensed dispensaries, and licensed edible manufacturers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-33,339

$-39,160

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,562

$22,044

Accounts Receivable

$0

$0

Total Assets

$10,562

$22,044

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/02/2021
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Desert Cannalytix on Fundanna
$
Platform: Fundanna
Security Type: Equity - Preferred
Valuation: $4,000,000

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