Cannabiscope on Microventures

A cannabis-focused SaaS platform to provide e-commerce solutions

Raise to date: $134,420

Reporting Date: 12/31/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$250,000

Likelihood of Max Unlikely
Start Date

09/26/2019

Stop Date

12/09/2019

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

725

% of Minimum Raised

269%

% of Maximum Raised

54%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$1,816

DPD* Category

$0

DPD* All Companies

$1,469

Kingscrowd Momentum

$134,420

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Cannabiscope, a cannabis-focused SaaS platform, is raising funds on MicroVentures. The company has a valuation cap of $2.5 million and works as the link between cannabis retailers and consumers. The Cannabiscope platform makes it easier for the CBD/THC retailers to showcase their products and for the consumers to learn more about the products before purchasing. Cannabiscope was founded in 2018 by David Schacter and Paul Shockley. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for R&D, marketing, and general working capital. Cannabiscope already has over 257 active businesses and has conducted two successful pilot tests.

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