Cannabox

Subscription Boxes for Weed

Company Information

Website:

https://cannabox.com

Sector:

Cannabis

Location:

Phoenix, AZ

Cannabox is a subscription service for weed. It introduces people to cannabis, and helps them discover new products in a safe, fun way.

Each month, members receive a curated, themed box with 6 to 8 premium products. These products might include rolling papers, accessories, snacks, and more.

Cannabox created its first cannabis subscription offering in 2013. It’s now sold more than 350,000 boxes and generated more than $11 million in lifetime revenue.

Subscription box businesses can become very successful. Consider Stitch Fix, a personal styling service that ships subscription boxes of clothes. The company was founded in 2011, went public in 2017 at a $1.6 billion valuation, and today has a market cap of more than $7 billion.

Team Background

Anthony Berk - Head of Operations
Michael Berk - CEO
Raising
$1.07 million
Committed
$20K (2%)
Current Valuation
$8.50 million Cap / 20% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
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