Green Goddess Supply
Early Stage
The Dispensary for the Home has Arrived!
Overview
Raised: $97,965
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/12/2022
Close Date
08/12/2022
Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment
$285
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.95
Pre-Money Valuation
$5,462,500
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,077
# of Investors
112
Momentum
Funded
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Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Green Goddess Supply, with a valuation of $5.46 million, is raising funds on StartEngine. The company empowers people to grow their own clean and organic cannabis flowers at home. It is bringing the home grow revolution to the masses and helps them grow their top-shelf flower discreetly, easily, and inexpensively. The products of Green Goddess Supply include a grow box and other products to store, prepare, and consume cannabis products. Eric Robichaud founded Green Goddess Supply in March 2015. The current crowdfunding campaign has a minimum target of $9,999.70 and a maximum target of $1,069,999.25. The campaign proceeds will be used to grow sales, increase marketing and brand recognition, build the inventory, and continue R&D on new products.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$622,390 |
$542,622 |
|
COGS |
$508,006 |
$328,150 |
|
Tax |
$500 |
$500 |
| ||
| ||
|
Net Income |
$-516,219 |
$-82,852 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,017 |
$10,190 |
|
Accounts Receivable |
$0 |
$8,466 |
|
Total Assets |
$250,768 |
$160,273 |
|
Short-Term Debt |
$50,952 |
$99,089 |
|
Long-Term Debt |
$842,464 |
$187,614 |
|
Total Liabilities |
$893,416 |
$286,703 |
Financials as of: 05/12/2022
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