U.S. Hemp Company
Early Stage
Sustainable IP and Greentech company
Overview
Raised: $3,510
Total Commitments ($USD)
Platform
Netcapital
Start Date
12/06/2023
Close Date
02/16/2024
Min. Goal
$10,000
Max. Goal
$500,000
Min. Investment
$120
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$9,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/15/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$49
Momentum
Not Funded
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Year Founded
2023
Industry
Apparel & Fashion
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
U.S. Hemp Company, with a valuation of $9 million, is raising funds on NetCapital. It is a Greentech company focused on developing sustainable fabrics for outdoor gear, service uniforms, and apparel. U.S. Hemp Company aims to reduce microplastic pollution, replace cotton-plastic blends, and help organizations achieve sustainability. The business uses high-quality hemp fiber to make its fabrics and is committed to quality and innovation. Michael Coleman founded the U.S. Hemp Company in May 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for salaries, R&D, admin and office, marketing, and brand development.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 12/06/2023
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