About this raise: Green Alchemy is raising funds on MainVest. It is a licensed cannabis manufacturing facility in South River, New Jersey. Green Alchemy is fully approved, has received licenses, and is set to commence operations in the summer of 2024. The business is the exclusive manufacturer of cannabis products for Blazin’ Bakery and Luna Verde and is entering into more agreements to produce products for other brands. Tara Sargente founded Green Alchemy in January 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $600,000. The campaign proceeds will be used for extraction and manufacturing equipment, hiring and training, facility buildout, raw ingredients, and packaging.
Investment Overview
Not Funded: $56,000
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 04/16/2024
- Close Date
- 05/18/2024
$100,000
$600,000
$100
Equity - Common
Pre-Seed
RegCF
$1.00
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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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 |
|---|---|---|---|---|---|---|
| 10/18/2024 | Microventures | $6,000,000 | $60,938 | Convertible Note | Funded | RegCF |
| 05/18/2024 | MainVest | - | $56,000 | Equity - Common | Not Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.