Infuzed Brands

Infuzed Brands

Closed: Mar. 2021

About this raise: Infuzed Brands is raising funds on Dalmore Group through Reg A+ crowdfunding. The company makes a line of beverages infused with natural flavors and hemp extract. The beverages of Infuzed Brands are healthy, delicious, and contain no sugar and calories. The four products of Infuzed Brands are Infuzed THIRST, Infuzed ESSENCE, Infuzed PURE, and Infuzed VITALITY. Jigme Love founded Infuzed Brands in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $49,700,000. The campaign proceeds will be used for manufacturing and distribution, research and development, recruitment and implementation of the sales force, and general corporate purposes.

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Investment Overview

Invested this round: $8,800,000

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
03/02/2020
Close Date
Not Provided
Min. Goal
$1,000
Max. Goal
$49,700,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.40

Company & Team

Company

Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Vancouver, British Columbia
Company Website
Visit Website

Team

Employees
4

Financials

 Revenue
$0
 Monthly Burn
$75,609
 Runway
8.6 months

Balance Sheet

Cash and Cash Equivalents

$647,450

Accounts and Notes Receivable

$10,993

Property, Plant and Equipment (PP&E)

$204,885

Total Assets

$863,328

Accounts Payable & Accrued Liabilities

$129,139

Total Liabilities

$129,139

Total Stockholders' Equity

$734,189

Total Liabilities and Equity

$863,328

Statement of Comprehensive Income Information

Total Revenues

$4,688

Costs & Expenses Applicable to Rev

$1,326

Net Income

$-907,309

Earnings Per Share - Basic

$-0.04

Earnings Per Share - Diluted

$-0.04

Auditor: Crowe MacKay LLP
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/02/2021 Dalmore Group - $8,800,000 Equity - Common Funded RegA+
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Infuzed Brands on Dalmore Group 2020
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $0.40

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Follow Infuzed Brands on Dalmore Group 2020
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Warning: according to the close date for this deal, Infuzed Brands may no longer be accepting investments.

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