ProCanna

Early Stage

Easy, smart operations management and regulatory compliance for cannabis companies

Analytics

Raised to Date: Raised: $97,017

Aggregate Commitments $

Platform

Wefunder

Start Date

11/11/2021

Close Date

03/17/2022

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

102

% of Min. Goal

194%

% of Max. Goal

10%

Likelihood of Max
unlikely
Avg. Daily Raise

$4,042

Momentum
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Location

Gorham, Maine

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

ProCanna, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform that assists in operations management and regulatory compliance for cannabis companies. The platform is the future of cannabis compliance with its searchable regulations, foundational policies and procedures, and real-time updates on cannabis legislative changes. ProCanna is operating in many states and plans to launch its toolkit soon. Dede Perkins and Tony Perkins founded ProCanna in January 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used to add API collaboration to the software, add a sales associate to the team, and scale sales and customer service.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-12,168

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$51,105

$0

Accounts Receivable

$0

$0

Total Assets

$193,568

$0

Short-Term Debt

$0

$0

Long-Term Debt

$75,736

$0

Total Liabilities

$75,736

$0

Financials as of: 11/11/2021
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ProCanna on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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