Uncle Arnie's

Growth Stage

Cannabis Infused Beverages.

Overview

Raised to Date:
$194,223 - RegCF
$439,271 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

12/19/2022

Close Date

01/27/2023

Min. Goal

$25,000

Max. Goal

$1,235,000

Min. Investment

$1,010

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF / RegD 506(c)

Price Per Share

$101.00

Pre-Money Valuation

$20,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

777%

% of Max. Goal

16%

Likelihood of Max
Funded
Avg. Daily Raise

$4,980

Momentum
Funded
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Location

Walnut Creek, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Uncle Arnie's, with a valuation of $20 million, is raising funds on SeedInvest. The company is an accessible and delicious cannabis beverage brand to speak to the hippy, legacy consumer. Arnie’s is potent, tasty, and packed with nanomolecular technology. Ave Miller founded Uncle Arnie’s in Q2 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,235,000. The campaign proceeds will be used for state-by-state expansion, research and development, marketing, building inventory and HR.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,268,000

$398,077

COGS

$760,846

$190,628

Tax

$0

$0

 

 

Net Income

$-1,454,404

$-242,337

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$87,615

$18,412

Accounts Receivable

$219,936

$37,777

Total Assets

$1,264,116

$649,541

Short-Term Debt

$622,232

$51,877

Long-Term Debt

$2,108,625

$610,000

Total Liabilities

$2,730,857

$661,877

Financials as of: 12/19/2022
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Uncle Arnie’s on SeedInvest 2022
$
Platform: SeedInvest
Security Type: Equity - Common
Valuation: $20,000,000

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