Milkmen Cannabis
Legal Cannabis Business
Overview
Raised: $32,500
Total Commitments ($USD)
Platform
MainVest
Start Date
09/26/2021
Close Date
12/10/2021
Min. Goal
$225,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
3.00X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/10/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$439
# of Investors
90
Momentum
Not Funded
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Year Founded
2021
Industry
Farming & Agriculture
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Milkmen Cannabis is raising funds on MainVest. It is legal cannabis growing business with the primary product as premium marijuana flower. The company has secured a lease and applied for a provisional license and special permit, while it is expected to receive the license and permit in October 2021. The space buildout is expected to begin in December 2021. Christopher Brown, Erin Plumb, Dan Salazar, Conor Williams, and Casey Bachman founded Milkmen Cannabis in March 2021. The current crowdfunding campaign has a minimum target of $225,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment and space buildout.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$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: 09/26/2021
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