Good Greens Flower
Good Greens Flower is seeking investment to finalize construction and open our 15,000 SF cultivation space.
Overview
Raised: $8,900
Total Commitments ($USD)
Platform
MainVest
Start Date
12/16/2022
Close Date
04/21/2023
Min. Goal
$20,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
Funding Type
RegCF
Return Multiple
1.60X
Rev. Share %
1.75%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
78
% of Min. Goal
45%
% of Max. Goal
18%
Likelihood of Max
Avg. Daily Raise
$185
# of Investors
12
Momentum
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Location
Uxbridge, Massachusetts
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Good Greens Flower is raising funds on MainVest. It is seeking investment to finalize construction and open a 15,000 SF cultivation space. Good Greens has been cultivating premium indoor cannabis in the California legal market since 2020. By leveraging cultivation experience, utilizing the newest and most advanced growing and monitoring technologies, and partnering with best-in-class breeders, Good Greens seeks to bring its premium indoor cannabis flower and related product lines to the Massachusetts market. Michael Cimino founded Good Greens Flower in April 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $50,000. The campaign proceeds will be used for space build out.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-267,122 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$4,128 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,204,128 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$950,000 |
$0 |
|
Total Liabilities |
$950,000 |
$0 |
Financials as of: 12/16/2022
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