Funding Details
- Awarder
- StartEngine
- Date Award
- September 10, 2019
- Vertical
- CBD Wholesale and Ecommerce distribution
- Funding URL
- View Funding Page
- Valuation
-
$8,430,000
Company Info
- Founding Year
- 2018
- Traction
- Achieved revenue of just under $385k in the first 5 months with a net profit of $33,848. Fast growing franchise and wholesale business already opening 4 stores and 15 wholesale products.
- Revenue Amount
-
$385,000,000
- Organizations Involved
- Franny's Farm Inc, Franny's Investments Inc, Hendersonville Farmacy Inc
- Founders
- Frances 'Franny' Tacy, Jeff Tacy, Nikki Allen
- Company Description
- Franny's Distribution is a CBD Wholesaler and Distributor that leverages vertical integration to cut down costs and reliance on manufacturers. Using simple and pure ingredients, no fillers or unnecessary ingredients will ever go into our products. Focused on ethical work practices and responsible production, they are building a quality-first brand in the exploding CBD market.
- Market
- CBD
- Location
-
Asheville,
NC,
US
- Coinvestors
- StartEngine Capital, LLC
Links