Hemp CR

Early Stage

Wholesale Distributor of Hemp and Hemp processed CBD

Analytics

Raised to Date: Raised: $10,000

Aggregate 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

Funding Type

RegCF

Series

Seed

Valuation Cap

$2,500,000

Discount Rate

25%

Rolling Commitments $

Status
Funded
Reporting Date

11/30/2021

Days Remaining
Funded
% of Min. Goal

100%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$27

Momentum
Funded
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Location

Las Vegas, Nevada

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

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.

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

Financials as of: 11/16/2020
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Hemp CR on Crowdsource Funded
$
Platform: CrowdSource Funded
Security Type: Convertible Note
Valuation: $2,500,000

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