Franny's Manufacturing
Early Stage
Seed to Shelf, Hemp and Health
Overview
Raised: $278,974
Total Commitments ($USD)
Platform
StartEngine
Start Date
02/03/2020
Close Date
04/30/2021
Min. Goal
$10,000
Max. Goal
$535,000
Min. Investment
$300
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$3,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/02/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$617
# of Investors
547
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Franny’s Manufacturing, with a $3 million pre-money valuation, is raising funds on StartEngine. The company manufactures affordable and high-quality CBD products, including pet products, women’s health products, men health products, baby products, and edibles. The products of Franny’s Manufacturing are made from local, organic, and quality-controlled ingredients and are made in small customized batches. Franny’s Manufacturing was founded by Franny Tacy and Jeff Tacy in March 2019. The current round of crowdfunding of the company has a minimum target of $10,000 and a maximum target of $535,000, and the funds will be used to purchase new equipment, increase marketing, and hire new staff. Franny’s Manufacturing uses its proprietary and distinctive recipes that give it an advantage over the competitors.
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 |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/03/2020
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