Franny’s Distribution on StartEngine

CBD wholesale and Ecommerce distribution

Raise to date: $428,000

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$10,000

Maximum Raise

$428,000

Likelihood of Max Exceeded
Start Date

07/05/2019

Stop Date

12/03/2019

Days Remaining

Closed

Security Type

Other Security Type

Investment Minimum

$296

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

720

% of Minimum Raised

4,280%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$2,834

DPD* Category

$0

DPD* All Companies

$1,386

Kingscrowd Momentum

$428,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Franny’s Distribution, the platform for CBD distribution with a pre-money valuation of $8.4 million, is raising funds on StartEngine. The company leverages vertical integration to bring high-quality and low-cost hemp and CBD products to the market through wholesale and e-commerce. Franny’s Distribution controls the entire supply chain to meet high standards. The company was founded by Frances Tacy and Jeff Tacy and exceeded its maximum goal of $107,000 in its previous round of crowdfunding. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $428,000. Franny’s Distribution has reported revenues of $385,000 just in the last five months, launched two new dispensaries, and is launching a franchise offering.

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