Diesel Beverages

Early Stage

The first and only strain-specific cannabis terpene beverages without CBD or THC

Analytics

Raised to Date: Raised: $82,450

Aggregate Commitments $

Platform

Wefunder

Start Date

04/19/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$6,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

05/27/2022

Days Remaining

338

% of Min. Goal

165%

% of Max. Goal

33%

Likelihood of Max
extremely
Avg. Daily Raise

$2,170

Momentum
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Location

Loveland, Colorado

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Diesel Beverages, with a valuation of $6 million, is raising funds on Wefunder. The company makes strain-specific cannabis terpene beverages without CBD or THC. The beverages have the therapeutic properties of cannabis terpenes, all-natural flavors, and no limits for distribution channels. Diesel Beverages has top distributor partnerships, is selling on Amazon, and plans to reach $6 million in revenue by 2024. Marc Brannigan and Natalie Mondine founded Diesel Beverages in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for production costs of cans and concentrates, staffing, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,230

$0

COGS

$615

$0

Tax

$0

$0

 

 

Net Income

$-61,635

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,000

$0

Accounts Receivable

$0

$0

Total Assets

$590,500

$0

Short-Term Debt

$89,750

$0

Long-Term Debt

$350,000

$350,000

Total Liabilities

$439,750

$350,000

Financials as of: 04/19/2022
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Diesel Beverages on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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