Uncle Arnie's

Uncle Arnie's

Growth Stage

Cannabis Infused Beverages.

Cannabis Infused Beverages.

Overview

Raised this Round:
$194,223 - RegCF
$439,271 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

12/18/2022

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

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$101.00

Pre-Money Valuation

$20,000,000

Year Founded

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Walnut Creek, California

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

FY 2021 FY 2020

Revenue

$1,268,000

$398,077

COGS

$760,846

$190,628

Tax

$0

$0

 

 

Net Income

$-1,454,404

$-242,337

Summary Balance Sheet

FY 2021 FY 2020

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: 12/18/2022
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Uncle Arnie’s on SeedInvest 2022
Platform: SeedInvest
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $101.00

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Follow Uncle Arnie’s on SeedInvest 2022

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