Ancient Essentials

Neutral
BETA

Our hemp is 100% greenhouse grown!

Analytics

Raised to Date: $0

Aggregate Commitments $
Platform

Fundopolis

Start Date

05/11/2020

Close Date

02/10/2021

Min. Goal

$25,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Weekly Commitments $
Status

Active

Reporting Date

10/25/2020

Days Remaining

105

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Avg. Daily Raise

$0

Momentum
Location

Winterville, NC

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

Ancient Essentials, a manufacturer of superior-quality CBD products, is raising funds on Fundopolis. The company sources 100% of its hemp from suppliers that grow it in greenhouses and plant it in organic potting soil. Thus, the products of Ancient Essentials are pure and meet strict quality guidelines. The products of Ancient Essentials include organic and non-GMO CBD tinctures and are available in independent pharmacies and top-level health food stores. Ancient Essentials was founded by Amy Taylor and Thomas Eugene Taylor in 2019. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $100,000, and the proceeds will be used to overcome the corona pandemic and start its aggressive marketing campaign. Ancient Essentials is on its way to success and made profits in the first month of its operations.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$29,622

$0

COGS

$20,836

$0

Tax

$0

$0

 

 

Net Income

$-17,893

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$4,602

$0

Accounts Receivable

$10,817

$0

Total Assets

$13,162

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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