Hemp CR
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.
Investment Overview
Invested : $10,000
Deal Terms
Total Commitments
- Platform
- CrowdSource Funded
- Start Date
- 11/16/2020
- Close Date
- 11/23/2021
$10,000
$100,000
$1,000
Convertible Note
Early Stage
RegCF
$2,500,000
25%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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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 |