Green Goddess Supply

Green Goddess Supply

Closed: Aug. 2022

About this raise

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.

Expand

Investment Overview

Invested this round: $97,965

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
05/13/2022
Close Date
08/12/2022
Min. Goal
$10,000
Max Goal
$1,069,999
Min. Investment

$285

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.95

Pre-Money Valuation

$5,462,500

Company & Team

Company

Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Hopedale, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Eric Robichaud
Title
CEO

Financials

 Revenue +15% YoY
$622,390
 Monthly Burn
$43,018
 Runway
0 months
 Gross Margin
18%

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/12/2022 StartEngine $5,462,500 $97,965 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Green Goddess Supply on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,462,500
Price per Share: $0.95

Follow company

Follow Green Goddess Supply on StartEngine 2022

Buy Green Goddess Supply's Deal Report

Warning: according to the close date for this deal, Green Goddess Supply may no longer be accepting investments.

Green Goddess Supply Deal Report

Get Kingscrowd's comprehensive report on Green Goddess Supply including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Green Goddess Supply is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Green Goddess Supply deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge