Exit 6
Early Stage
Hemp/CBD company
Overview
Raised: $0
Total Commitments ($USD)
Platform
Fundanna
Start Date
04/29/2021
Close Date
03/31/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$300
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$4,331,166
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/30/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Exit 6, with a pre-money valuation of $4.33 million, is raising funds on Fundanna. The hemp/CBD company works towards the distribution of retail products via vending machines. The CBD vending machines of Exit 6 will be placed at airports, malls, convenience stores, and other places. Alan Shetzer founded Exit 6 in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for equipment, business development, marketing and PR, salaries, and legal and accounting expenses. Exit 6 will take CBD products from established vendors and make them more available to the customers.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-441 |
$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: 04/29/2021
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