Stigma Cannabis

Stigma Cannabis

Closed: Nov. 2022

About this raise

Stigma Cannabis is raising funds on Silicon Prairie Online. It is a CBD brand that makes cannabis products using organically grown hemp. The products of Stigma Cannabis are clean, safe, batch-tested for CBD potency, and made with premium-grade ingredients. The company is also known for its exceptional packaging and materials and an excellent customer service team. Stigma Cannabis has been voted as Minnesota’s best CBD retailer. Josh Maslowski founded Stigma Cannabis in September 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $250,000. The campaign proceeds will be used to fund the operations and complete the retail dispensary and legal cannabis expansion.

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Investment Overview

Invested this round: $226,500

Deal Terms

Total Commitments

Platform
Silicon Prairie Online
Start Date
11/22/2021
Close Date
11/19/2022
Min. Goal
$150,000
Max Goal
$250,000
Min. Investment

$500

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,000,000

Company & Team

Company

Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
MINNEAPOLIS, Minnesota
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Josh Maslowski
Title
CEO

Financials

 Revenue -28.7% YoY
$158,126
 Monthly Burn
$11,234
 Runway
1.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$158,126

$221,915

COGS

$224,527

$225,583

Tax

$0

$0

 

 

Net Income

$-134,813

$-141,124

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$18,080

$27,273

Accounts Receivable

$0

$0

Total Assets

$25,989

$57,666

Short-Term Debt

$219,974

$213,848

Long-Term Debt

$0

$0

Total Liabilities

$219,974

$213,848

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/19/2022 Silicon Prairie Online $4,000,000 $226,500 Equity - Common Funded RegCF
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Stigma Cannabis on Silicon Prairie Online 2021
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $4,000,000
Price per Share: $1.00

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