Core State Holdings
Early Stage
The Largest Cannabis Social Network in the World.
Overview
Raised: $34,297
Total Commitments ($USD)
Platform
Fundanna
Start Date
04/30/2019
Close Date
06/30/2021
Min. Goal
$10,000
Max. Goal
$1,005,000
Min. Investment
$268
Security Type
Equity - Preferred
Series
Series B
SEC Filing Type
RegCF
Price Per Share
$6.70
Pre-Money Valuation
$4,054,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/03/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$43
# of Investors
91
Momentum
Funded
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Year Founded
2019
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
CommerceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Core State Holdings, the largest cannabis social network in the world, is raising funds on Fundanna Crowdfunding. The company has a pre-money valuation of $4.05 million and owns two digital properties. One of the properties is the social network for the cannabis industry, CannaSOS, and the other one is an advanced cryptocurrency wallet called PTPWallet. Core State Holdings earns by selling digital advertising on CannaSOS to businesses in the health, crypto, and cannabis industry. The company was founded in March 2019 while CannaSOS was launched way back in 2014. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,005,000, will be used for marketing campaigns and to attract more users.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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: 04/30/2019
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