Good Greens Flower
About this raise
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.
Investment Overview
Invested : $78,000
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 12/16/2022
- Close Date
- 07/14/2023
$50,000
$500,000
$100
Revenue Share
Quarterly
RegCF
1.60X
1.75%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$22,260
as of FY2021
-
Runway
-
0.2 months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/14/2023 | MainVest | - | $78,000 | Revenue Share | Funded | RegCF |