I & I Rose Garden
Legal Cannabis Business
Overview
Raised: $140,700
Total Commitments ($USD)
Platform
MainVest
Start Date
11/16/2021
Close Date
02/11/2022
Min. Goal
$50,000
Max. Goal
$150,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.70X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,636
# of Investors
155
Momentum
Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
I & I Rose Garden is raising funds on MainVest. The company runs a legal cannabis business that sells quality vegan cannabis products. The offerings include products and experiences, including vegan bakery and apothecary. The products of I & I Rose Garden are crafted with the intention of healing and are handmade, vegan, and organic. Kijana Rose founded I & I Rose Garden in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used to purchase equipment, build-out the kitchen, accelerate buildout of the retail experience, and raise operating capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$87,492 |
$0 |
|
COGS |
$2,615 |
$0 |
|
Tax |
$456 |
$0 |
| ||
| ||
|
Net Income |
$23,806 |
$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 |
Financials as of: 11/16/2021
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