The High End

The High End

Cannabis Business

Cannabis Business

Overview

Raised to Date: Raised: $3,400

Total Commitments ($USD)

Platform

MainVest

Start Date

03/28/2024

Close Date

05/17/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.60X

Rev. Share %

1.75%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/16/2024

Days Remaining

29

% of Min. Goal

7%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$179

# of Investors

8

Momentum
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Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Holyoke, Massachusetts

Business Type

Life Style

The High End is raising funds on MainVest. It is an upcoming cannabis business in Holyoke, Massachusetts. The High End is focused on living soil, full spectrum, and ethically-produced cannabis and cares about sustainability, transparency, and community. The business has a 60,000-square-foot building in Holyoke that will be used for living soil cultivation, manufacturing, and clean extraction and processing of cannabis. Helen Gomez Andrews and Chris Andrews founded The High End in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for equipment, labor, branding, and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-19,923

$-42,624

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,181

$1,256

Accounts Receivable

$0

$0

Total Assets

$453,262

$442,037

Short-Term Debt

$38,697

$0

Long-Term Debt

$311,250

$311,250

Total Liabilities

$349,947

$311,250

Financials as of: 03/28/2024
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The High End on MainVest 2024
Platform: MainVest
Security Type: Revenue Share

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