Dear Startup Investor,
Neil here. At The Startup Investor, we tackle it all. Tech… healthcare… education… you name it, and we’ve probably talked about it.
But one industry I just can’t get off my mind is cannabis. At this point, the vast majority of states have legalized either medical or recreational marijuana.
The industry as a whole is expected to add $92 billion to the entire U.S. economy this year alone. And by 2026, the industry is expected to hit $97.35 billion in value.
That’s five years away… which means the startups raising in this space today are the ones that could be the cannabis industry’s rockstars just a few years down the line. So today, I want to break down one cannabis company raising right now, and give you the opportunity to learn more about it yourself.
Let’s talk about GrownbyGreen, a minority-owned cannabis business currently raising on MainVest with a $100 investment minimum.
Based in Massachusetts, this company focuses on bringing sustainability to cannabis growing. Using clean-soil methods, they plan to grow high-quality and organic cannabis products that they hope to translate into larger-scale production.
GrownbyGreen’s CEO and Founder Kaleb Green has spent the last few years working on this clean-soil method. He’s formulated soil beds that are rich in nutrients and sustained using natural compost and compost tea.
Organic cannabis growth in itself isn’t extraordinarily unique. A quick Google search brings up plenty of results about growers turning to organic method to grow their product. But what piqued my interest about GrownbyGreen is their location.
Recreational cannabis became legal in Massachusetts in December 2016. In November 2018, two dispensaries officially opened their door to sales, kicking off a new era of cannabis use and growth in the state. Today, 165 cannabis retailers and three delivery services operate in the state.
Here’s where it gets good. At the beginning of September, recreational cannabis sales in Massachusetts hit $2 billion – less than one year after the state passed the $1 billion sales milestone. That means that GrownbyGreen is in one of the country’s best markets for cannabis sales, and striking up deals with the state’s retailers will be extremely important to this company’s continued growth.
GrownbyGreen has taken on a more localized approach to sourcing deals. According to the company, the CEO plans to network by attending local events, meeting neighborhood leaders, working with community agricultural groups, and participating in private cannabis sales events.
Securing partnerships with Massachusett’s cannabis retailers could set GrownbyGreen up for a steady revenue stream. And that’s good news for investors, if it happens.
GrownbyGreen is offering a revenue sharing note at a 2.2x investment multiple – meaning they’ll owe you 2.2x the amount of money you invested, regardless of their future revenue. This company’s deal terms state that you’ll be owed that amount by July 1, 2026.
You can check out GrownbyGreen’s campaign page and do some more diligence by going here. I suggest reading through this company’s SEC filing as part of your due diligence process.
Now, the cannabis industry is one of many topics we like to unpack here at The Startup Investor. And while I have plenty of faith in the industry, I want to make sure we’re dividing our attention among a wide variety of different topics.
That’s why I want to point you in the direction of another resource – one that I believe will complement your subscription here perfectly. If you’re interested in the cannabis space and learning about even more incredible cannabis opportunities available to you right now (both public and private), you need to check out the National Institute for Cannabis Investors.
It’s one of the most powerful tools available for any person hoping to achieve financial freedom through some of the most exciting and well-researched cannabis investment opportunities I’ve ever seen.
Every single month, you’ll get access to the founders and CEOs of the latest and greatest cannabis companies to hit the market. They’ll pitch you their company… you’ll review their pitch deck… and you’ll get to debate the billion-dollar upside potential of every single one.
And at the end of the day, you’ll get to decide if these are companies you want in your own portfolio.
The NICI Advisory Board has spent hundreds of hours doing painstaking research on each one of these companies, and you can check them out today… Starting with this deal recommendation.
(P.S. I’ve heard this startup could skyrocket 11,113% in just one year.)
Until next time,