Hemp CR
Early Stage
Wholesale Distributor of Hemp and Hemp processed CBD
Overview
Raised: $10,000
Total Commitments ($USD)
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
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$2,500,000
Discount
25%
Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
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
Create a free account today to gain access to Kingscrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Hemp CR | 11/23/2021 | CrowdSource Funded | $2,500,000 | $10,000 | Convertible Note | Funded | RegCF |
No prior online funding rounds.
Create a free account today to gain access to Kingscrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (2 months free)
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.