Natural Hemp Snuff - Looking to raise 1.5 million $ seed funding

Posted On: 02 / Jan / 2023
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Tobacco
Charge

Deal Status

Active

Deal Description

Pre-Revenue Start-Up is looking to raise equity of 1.5 m $. The plan of the company is to provide hemp products which will act as a substitute for chewing tobacco and get rid of nicotine and cancerous tobacco chemicals and eventually get rid of tobacco. They have spent 7 years of testing in laboratory and projected 50% gross margin in the future. Greene Jeffrey has signed a contract of 12.5 m $ with Scandinavian customers and the company is going to ship the products to the Scandinavian customers in the mid of January.

Attached Files

icon Greenes Reserve NEW Investor Deck 12 2022 2023 pdf

Deal Value
11.99 Crore
Targeted Region
Americas

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed