Green Grass Acres
Hemp Farm
Overview
Raised: $4,000
Total Commitments ($USD)
Platform
MainVest
Start Date
10/25/2020
Close Date
01/06/2021
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment
$1,000
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.60X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/05/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$56
# of Investors
4
Momentum
Not Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Green Grass Acres, a hemp farm located in Jackson, MS, is raising crowdfunding on MainVest. The farm is walking distance from restaurants, hotels, and nightlife in the area and offers education and exploration. It is spread over an area of 44,100 square feet, with 34 rows of 34 plants each. The farm is flexible to grow hemp for fiber, grain, or CBD oil. James Ridgley Jr. founded Green Grass Acres in October 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $150,000, will be used to purchase equipment and fund upgrades to bring tours to the farm. Green Grass Acres plans to lease a 14-seat tour cycle estimated to add $40,000 monthly profit through tours.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/25/2020
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