HighRes Labs
Early Stage
The scientific "Pick and Shovel" cannabis investment
Overview
Raised: $13,660
Total Commitments ($USD)
Platform
Fundanna
Start Date
11/15/2020
Close Date
12/03/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$200
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$4.00
Pre-Money Valuation
$3,600,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$36
# of Investors
28
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
HighRes Labs, with a pre-money valuation of $3.6 million, is raising crowdfunding on Fundanna. It is a cannabis testing facility specializing in the analysis of hemp, CBD, and medical marijuana. HighRes Labs has top-tier technical talent, modern test equipment, enhanced services, and rigorous testing and certification standards. Dr. Q. Wang and Rick Jones founded HighRes Labs in May 2020. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the proceeds will be used to secure the equipment lineup, rent a first facility, and hire specialized staff. HighRes Labs is led by an experienced team and offers accurate, convenient, and speedy testing services.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-21,507 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,091 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,091 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/15/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.