QwikLeaf

QwikLeaf

Early Stage

World's First Click and Collect Cannabis Platform

World's First Click and Collect Cannabis Platform

Overview

Raised to Date: Raised: $69,459

Total Commitments ($USD)

Platform

truCrowd

Start Date

04/19/2021

Close Date

01/27/2022

Min. Goal
$10,000
Max. Goal
$535,000
Min. Investment

$300

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$12,525,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$245

# of Investors

51

Momentum
Funded
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Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Palm Desert, California

Business Type

Growth

QwikLeaf, with a pre-money valuation of $12.5 million, is raising crowdfunding via truCrowd.. The company has created a QwikCollect platform to click-and-collect cannabis. It is positioned to help cannabis retail stores and consumers in terms of fulfilling demands, increasing sales, and higher customer satisfaction. Neil Biafore founded QwikLeaf in February 2020. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $535,000, and the funds will be used towards hiring, marketing, administration expenses, locker installations, and delivery infrastructure. QwikLeaf is the world’s first ever click-and-collect platform for cannabis and involves the use of high-end software and hardware like QwikCube, QwikLocker, and QwikKiosk.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-68,573

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,792

$0

Accounts Receivable

$0

$0

Total Assets

$106,275

$0

Short-Term Debt

$141,605

$0

Long-Term Debt

$69,760

$0

Total Liabilities

$211,365

$0

Financials as of: 04/19/2021
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QwikLeaf on truCrowd
Platform: truCrowd
Security Type: Equity - Common
Valuation: $12,525,000
Price per Share: $1.50

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