Company Overview

Company name: Urban Pharms
Description: Producer of sun-grown and indoor cannabis. The company researches and develops new genetics while improving the existing products like cookies, and rare strains such as Beaujolais, providing consumers with products that improve the quality of their lives.
Year founded:
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Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
Website: www.urbanpharms.com
Employees:
City: La Mirada
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Acquired/Merged
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Gross profit (USD Million):
Net income (USD Million)
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Earnings before interest, tax, depreciation and amortization (EBITDA):
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Financing Status: The company was acquired by The Original Grilled Cheese Truck (PINX: GRLD) for $4 million on September 9, 2016. The Original Grilled Cheese Truck acquired 100% of the company for 12 million newly issued shares of its common stock. Mr. Robert Lee of The Original Grilled Cheese Truck will be eligible for a success bonus in an amount of 100% of his Annual Base Salary for closing the acquisition. In 2016, The Original Grilled Cheese Truck issued a secured promissory note totaling $250,000 in conjunction with the acquisition.
Number of active investors:
Profile last updated: 08-Sep-2018
Last known valuation: 4.00
Last known valuation date: 09-Sep-2016