All Natural CBD & Other Natural Products ECommerce, Extremely Popular - Seed Round

Business Overview:

Founded in 2019, the company has experienced consistent growth, driven by its commitment to innovation, technology, sustainable farming practices and a committed focus establishing a brand and products that customer’s find appealing and want to use daily in their lives. The constant questioning of the customer experience has yielded the establishment of a brand and a product line that can grow exponentially in market share and consumer segments.The company has successfully partnered with an organic farm, cultivating over 1000 acres of hemp. In recent years, the company has focused on supply chain efficiencies and increasing yields. The company has leveraged blockchain technology for quality control, the company ensures transparency, traceability, and high product standards.The company has established a regenerative farming approach and closed a pre-seed round in 2020 for the launch and building company processes. Since its launch in July of 2020, sales have grown by over 200% YOY in 2021 and again in 2022. The company is poised to double its sales once again in 2024 as it continues to increase market share by expansion and development of its wholesale and affiliate sales channels and by expansion of new markets. Fueled by its gross margin of 72%, the company expects to continue to increase market share and gain new customers, increase recurring revenue through subscription of existing customers and increasing average order value through 2023. It expects to contribute most of its operating profit to these growth strategies, and then shift to a profitable growth strategy in 2024 as its sales achieve annual revenue of over $3M. Maturing sales into its existing cost structure should help the company achieve net profitability of greater than 10%. Seeking $2M Seed Funding Round.

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