CannCo Brands
Early Stage
Blockchain-Based Supply Chain Management
Overview
Raised: $726,634
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/20/2018
Close Date
04/19/2019
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$420
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$0.10
Pre-Money Valuation
$6,940,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,996
# of Investors
863
Momentum
Funded
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Year Founded
2004
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Location
Los Angeles, California
Geopulse Explorations (d.b.a. CannCo Brands & Development), is here to address the rapid growth in the cannabis industry. With cannabis now medically available in 29 states and legalized for recreational use in nine, it’s poised to be a $31.4B industry. In response, CannCo is creating a blockchain-powered ecosystem with their native token called the CannCoin, to help these businesses by providing transparent supply chain management, business banking and merchant processing, trade finance, and direct consumer-engagement solutions. CannCo Brands was established in 2017 and has since acquired, or agreed to acquire, Growth Circle, Stoner Days, and THC Finder. All three companies are currently revenue generating and profitable.
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