Company Overview

Company name: Franny’s Farmacy
Description: Operator of a cannabis dispensary with a premium line of CBD and hemp oils, CBD topicals, hemp flower, CBD vape products and more. The company’s branded products are locally grown, processed and retailed in the heart of Western North Carolina. Its educated budtenders are experts, so you don’t have to be.
Year founded: 2018
Parent company:
Industry: Consumer Products and Services (B2C) | Group: | Code:
Employees: 21
City: Asheville
State: North Carolina
Country: United States

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (backing)
Revenue (USD Million): 2.60
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2019
Financing Status: The company raised $535,000 of angel funding via Crowdfunding Platform StartEngine Crowdfunding on December 7, 2019, putting the company’s pre-money valuation at $7.46 million. Previously, the company raised $428,000 of equity crowdfunding via StartEngine Crowdfunding on December 4, 2019, putting the company’s pre-money valuation at $8.43 million.
Number of active investors:
Profile last updated: 10-Mar-2020
Last known valuation:
Last known valuation date: 07-Dec-2019