Hemp CR

Hemp CR

Closed: Nov. 2021

About this raise

Hemp CR, a wholesale distributor of hemp and hemp-processed CBD, is raising funds on Crowdsource Funded. The company plans to supply hemp and CBD products to entrepreneurs and businesses that sell these products to end consumers. Hemp CR will offer low wholesale pricing and low minimum orders to its customers. Timothy Morales founded Hemp CR in June 2020. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $100,000. Hemp CR intends to penetrate the hemp and CBD market in the USA and Latin America, with its pet CBD products as its bestsellers.

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Investment Overview

Invested this round: $10,000

Deal Terms

Total Commitments

Platform
CrowdSource Funded
Start Date
11/16/2020
Close Date
11/23/2021
Min. Goal
$10,000
Max Goal
$100,000
Min. Investment

$1,000

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

25%

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Las Vegas, Nevada
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Founder Name
Timothy Morales
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$500

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

$500

$0

Accounts Receivable

$0

$0

Total Assets

$500

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/23/2021 CrowdSource Funded $2,500,000 $10,000 Convertible Note Funded RegCF
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Add to portfolio
Hemp CR on Crowdsource Funded
Platform: CrowdSource Funded
Security Type: Convertible Note
Valuation: $2,500,000

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Buy Hemp CR's Deal Report

Warning: according to the close date for this deal, Hemp CR may no longer be accepting investments.

Hemp CR Deal Report

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

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