Hemptown Naturals

Hemptown Naturals

Closed: Dec. 2022

About this raise

Hemptown Naturals, with a pre-money valuation of $56 million, is raising crowdfunding on Title3Funds. The company makes and delivers hemp-derived cannabinoid products to consumers. The flagship product of Hemptown Naturals, Light Hemp Sticks, is made using industrial hemp taken from the company’s family-run farm in Southern Oregon. Zayn Kalyan founded Hemptown Naturals in November 2020. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will be used for marketing, growing revenue, and maximizing profit. Hemptown Naturals uses five strains of hemp flowers to make its hemp sticks that work as an ideal alternative to tobacco cigarettes.

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Investment Overview

Invested this round: $3,227,477

Deal Terms

Total Commitments

Platform
Title3Funds
Start Date
01/01/2021
Close Date
12/30/2022
Min. Goal
$100,000
Max Goal
$5,000,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.40

Pre-Money Valuation

$56,000,000

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
WEST HOLLYWOOD, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Eric Gripentrog
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$27
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-325

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$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
12/30/2022 Title3Funds $56,000,000 $3,227,477 Equity - Common Funded RegCF
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Add to portfolio
Hemptown Naturals on Title3Funds
Platform: Title3Funds
Security Type: Equity - Common
Valuation: $56,000,000
Price per Share: $1.40

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