Green Alchemy

Green Alchemy

Early Stage

Cannabis Business

Cannabis Business

Overview

Raised to Date: Raised: $56,000

Total Commitments ($USD)

Platform

MainVest

Start Date

04/15/2024

Close Date

05/18/2024

Min. Goal
$100,000
Max. Goal
$600,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/16/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$1,750

# of Investors

8

Momentum
Not Funded
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

South River, New Jersey

Business Type

Growth

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.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-4,125

$-6,775

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,100

$8,225

Accounts Receivable

$0

$0

Total Assets

$4,100

$8,225

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/15/2024
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Green Alchemy on MainVest 2024
Platform: MainVest
Security Type: Equity - Common
Price per Share: $1.00

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