Freshly Baked Company

Growth Stage

Cannabis Business

Analytics

Raised to Date: Raised: $31,300

Aggregate Commitments $

Platform

MainVest

Start Date

04/19/2022

Close Date

06/17/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Seed

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

22

% of Min. Goal

63%

% of Max. Goal

13%

Likelihood of Max
unlikely
Avg. Daily Raise

$846

Momentum
warm.svg
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Location

Taunton, Massachusetts

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Life Style

Freshly Baked Company is raising funds on MainVest. It is a micro cannabis company that makes cannabis products, including biscotti, macaroons, and vapes. It is the exclusive manufacturer and distributor of all Montel Williams THC products in Massachusetts and plans to launch Inspire by Montel, an exclusive vape line in Massachusetts. Freshly Baked Company aims to give back to the community and help the veterans with its cannabis products. Philip Smith and Jenny Roseman founded Freshly Baked Company in May 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used to expand the product distribution and launch new product lines.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-170,518

$-11,111

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$135,097

$0

Accounts Receivable

$0

$0

Total Assets

$248,210

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/19/2022
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Security Type: Revenue Share

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