Green Grass Acres

Green Grass Acres

Hemp Farm

Hemp Farm

Overview

Raised to Date: Raised: $4,000

Total Commitments ($USD)

Platform

MainVest

Start Date

10/25/2020

Close Date

01/05/2021

Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment

$1,000

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

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

Location

Jackson, Mississippi

Business Type

Life Style

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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Green Grass Acres on MainVest
Platform: MainVest
Security Type: Revenue Share

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