Company Overview

Company name: SpeedWeed
Description: Provider of marijuana delivery service. The company engages in the delivery service of medical marijuana for the purpose of medical care and treatment.
Year founded: 2011
Parent company: Aquarius Cannabis
Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
Employees: 45
City: Los Angeles
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Profitable
Ownership: Acquired/Merged (Operating Subsidiary)
Revenue (USD Million): 5.50
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2016
Financing Status: The company was acquired by Aquarius Cannabis for an undisclosed amount on March 31, 2016. Under the terms, Aquarius issued 16 million shares of common stock, 3 million warrants to purchase common stock for $0.90 and an additional 3 million warrant if Aquarius closed a deal for data gathered by the SpeedWeed platform. The acquisition allows Aquarius Cannabis to provide patients and consumers with access to good quality and safe marijuana products.
Number of active investors:
Profile last updated: 08-Sep-2018
Last known valuation:
Last known valuation date: