TNHC

TNHC

Closed: Nov. 2020

About this raise

TNHC, the provider of farm to family hemp solutions, is raising crowdfunding on Fundopolis. The company works towards high-CBD hemp, with better genetics, methodologies, and experience. TNHC is licensed and compliant with the Tennessee Department of Agriculture and develops and sells hemp through a nursery revenue model. The ancillary income streams come from networking events, manufacturing and distributing hemp products, and consulting. Tennessee Hemp was founded by Donald Rizzi, KC Stark, and Nathan Rizzi in 2018 and started the production of high-CBD oils in March 2019. The proceeds of the current crowdfunding round, with a minimum raise of $250,000, will be used to scale production and expand across the country. TNHC is backed by a highly experienced and passionate team and provides CBD with reliable plant genetics.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Fundopolis
Start Date
11/19/2019
Close Date
11/18/2020
Min. Goal
$250,000
Max Goal
$750,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.75X

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
MT Juliet, Tennessee
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Founder Name
Donald Rizzi
Title
Senior Managing Partner
Founder Name
KC Stark
Title
Co-Founder
Founder Name
Nathan Rizzi
Title
Co-Founder

Funding data not publicly available

Financials

 Revenue
$3,138
 Monthly Burn
$1,387
 Runway
0.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,138

$0

COGS

$19,783

$0

Tax

$221

$0

 

 

Net Income

$-16,644

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$400

$0

Accounts Receivable

$0

$0

Total Assets

$10,000

$0

Short-Term Debt

$0

$0

Long-Term Debt

$18,000

$0

Total Liabilities

$18,000

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/18/2020 Fundopolis - $0 Debt Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
TNHC on Fundopolis
Platform: Fundopolis
Security Type: Debt

Follow company

Follow TNHC on Fundopolis

Buy TNHC's Deal Report

Warning: according to the close date for this deal, TNHC may no longer be accepting investments.

TNHC Deal Report

Get Kingscrowd's comprehensive report on TNHC including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether TNHC is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the TNHC deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge