New Green

Neutral
BETA

Where nature and wellness align

Analytics

Raised to Date: $92,260

Aggregate Commitments $
Platform

Fundanna

Start Date

04/13/2020

Close Date

12/31/2020

Min. Goal

$10,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$3,275,000

Weekly Commitments $
Status

Active

Reporting Date

10/25/2020

Days Remaining

64

% of Min. Goal

923%

% of Max. Goal

18%

Likelihood of Max
Avg. Daily Raise

$473

# of Investors

94

Momentum
Location
Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Life Style

New Green, with a pre-money valuation of $3.27 million, is raising funds on Fundanna. The company plans to open a retail store, Devine, selling CBD, and other health and wellness products. New Green will also develop a new way to fund and license cannabis businesses in Massachusetts. New Green is owned by Ari Zorn and Heidi Zorn, with a combined experience of 46 years in small business ownership. The proceeds of the current round of crowdfunding, with a minimum target of $10,000 and a maximum target of $500,000, will be used towards rent, events & travel, goods and products, marketing, retaining and hiring staff, buildout, and general company expenses. New Green has already secured the location for its retail store and targets to open it by Summer 2020.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-9,632

$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

Ratings

last updated 10/27/2020

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Analyst Report

Neutral
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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