Exit 6
About this raise
Exit 6, with a pre-money valuation of $4.33 million, is raising funds on Fundanna. The hemp/CBD company works towards the distribution of retail products via vending machines. The CBD vending machines of Exit 6 will be placed at airports, malls, convenience stores, and other places. Alan Shetzer founded Exit 6 in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for equipment, business development, marketing and PR, salaries, and legal and accounting expenses. Exit 6 will take CBD products from established vendors and make them more available to the customers.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/31/2022 | Fundanna | $4,331,166 | $0 | Convertible Note | Not Funded | RegCF |