REGEN Industrial Hemp USA

REGEN Industrial Hemp USA

Early Stage

Bringing the Hemp World to Life

Bringing the Hemp World to Life

Overview

Raised to Date: Raised: $64,800

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/03/2024

Close Date

04/28/2024

Min. Goal
$50,000
Max. Goal
$4,974,500
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

13

% of Min. Goal

130%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,507

# of Investors

35

Momentum
cold.svg
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Year Founded

2019

Industry

Industrial Services

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Hinckley, Minnesota

Business Type

Growth

REGEN Industrial Hemp USA, with a valuation of $25 million, is raising funds on Wefunder. The company has developed advanced harvesting, processing equipment, and warehousing for industrial hemp in the US. REGEN Industrial Hemp USA’s aim is to provide its advanced processing equipment to fulfill the commercial potential of industrial hemp and develop a hemp supply chain. The decorticators and driers of REGEN will automate hemp processing and provide high-quality end-user goods. Jane Burnes Leverenz founded REGEN Industrial Hemp USA in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.9 million. The campaign proceeds will be used for equipment fabrication, marketing, research and development, compensation, and legal fees.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-102,778

$-32,254

Summary Balance Sheet

FY 2023 FY 2022

Cash

$8,740

$16,977

Accounts Receivable

$0

$0

Total Assets

$8,740

$21,977

Short-Term Debt

$187,084

$97,543

Long-Term Debt

$0

$0

Total Liabilities

$187,084

$97,543

Financials as of: 03/03/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
REGEN Industrial Hemp USA 04/28/2024 Wefunder $25,000,000 $64,800 Equity - Common Active RegCF
REGEN Industrial Hemp USA 10/26/2023 Silicon Prairie Online $5,000,000 $25,500 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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REGEN Industrial Hemp USA on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $2.50

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