Franny's Distribution

Franny's Distribution

[Closed for Investment] Franny’s Distribution, a CBD wholesaler and distributor with a pre-money valuation of $2 million, is raising funds on StartEngine. Franny’s is a vertically integrated, farmer-owned company that uses simple and pure ingredients to make CBD products including body care products, CBD pet chews, treats, and soap bars, and a line of anti-aging, acne, and eczema creams. Franny’s Distribution was founded by Frances Tacy and Jeff Tacy in 2018 and has expanded through CBD dispensaries and online distribution. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $107,000. Franny’s Distribution has already established a reputed brand name due to the high quality of its products and by handling every step of production of its product line.

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Investment Overview

Raised this Round: Raised: $106,938

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
04/18/2019
Close Date
06/26/2019
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$300

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$2,000,000

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Leicester, North Carolina
Company Website
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Team

Employees
14

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/30/2019 StartEngine $8,427,720 $428,000 Equity - Common Funded RegCF
06/26/2019 StartEngine $2,000,000 $106,938 Equity - Common Funded RegCF
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Growth Charts

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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Franny’s Distribution on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,000,000
Price per Share: $2.00

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