Greenzone Pharms
First CBD Hemp Processor in Illinois
Overview
Raised: $11,020
Total Commitments ($USD)
Platform
Fundanna
Start Date
02/18/2020
Close Date
11/30/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$200
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
3.00X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/05/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$17
# of Investors
45
Momentum
Funded
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Year Founded
1969
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Business Type
Life Style
Greenzone Pharms, with a pre-money valuation of $5 million, is raising funds on Fundanna Crowdfunding. The company is a licensed grower of hemp in Wisconsin and the first CBD hemp processor in Illinois. Greenzone Pharms uses techniques like cloning, genetics, and CO2 supercritical oil extraction to create CBD-infused products. Greenzone Pharms was founded by Dan Marlow and has Mike Gawinski as the facilities foreman. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing and advertising, inventory, equipment, staffing, and operating expenses. Greenzone Pharms is leading among its peers because of its high-quality formulations and beautiful packaging of CBD and hemp products.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$121,205 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$30,784 |
$-13,069 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$470 |
$0 |
|
Accounts Receivable |
$13,835 |
$0 |
|
Total Assets |
$246,048 |
$197,096 |
|
Short-Term Debt |
$14,557 |
$5,469 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$14,557 |
$5,469 |
Financials as of: 02/18/2020
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