Franny's Manufacturing

Seed to Shelf, Hemp and Health- CBD

Franny's Manufacturing

Seed to Shelf, Hemp and Health- CBD

Asheville, NC
Manufacturing
Simply stated Franny's Manufacturing is producing some of the best quality products in the industry. We're offering customers a quality product at an affordable price. By controlling every step of the process from seed to shelf, we ensure that every customer enjoys a safe, natural, self-regulated CBD experience.

$163,388

raised
311
Investors
52
Days Left
$2.00
Price per Share
$3M
Valuation
Equity
Offering Type
$300.00
Min. Investment

$163,388

raised
311
Investors
52
Days Left
$2.00
Price per Share
$3M
Valuation
Equity
Offering Type
$300.00
Min. Investment

Bonus Rewards

Get rewarded for investing more into Franny's Manufacturing

$300+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$300+
Investment
First Tier
$300+ Trucker Cap
$500+
Investment
Second Tier
$500+ Trucker Cap & T-Shirt
$1,000+
Investment
Third Tier
$1,000+ - All the above + 250mg Natural Tincture
$2,500+
Investment
Fourth Tier
$2,500+ - All the aparrel + 500mg Natural Tincture
$5,000+
Investment
Fifth Tier
$5,000+ - All the aparrel + 1000mg Natural Tincture
$20,000+
Investment
Sixth Tier
$20,000+ Frannys Farm Invite + 5% Bonus Shares - investor gets all the above and a stay at Franny’s Farm Barnhouse and dinner with Franny & Jeff
$40,000+
Investment
Seventh Tier
$40,000+ Superfan Tour - All the above plus a custom tour of Dispensaries, Manufacturing, Distribution and tour of hemp field. I want to meet these people in person! Who knows if they will follow though or not but it sure is a cool intriguing concept

Reasons to Invest

We've experienced a significant amount of growth in the past 10 months with a process that ensures a consistent, high quality product due to vertical integration in every step of the process
Our Manufacturing Facility has developed and mastered recipes and manufacturing systems for over 50 Franny's branded products
From the founders who successfuly raised $535k with two prior fully oversubscribed Reg CF raises.

Our Story


Meet Franny, the "Hippie in High Heels"

From a young age, Franny knew she was destined for farm life. After a career in the pharmaceuticals industry left her wanting more, at 41 years old, Franny did what few have the courage to do: she jumped. Franny and her family bought land in Leicester and went to work literally building her dreams from the ground up. 

After three long years of working both jobs, doing whatever it took to see those dreams realized, she was able to leave the corporate world and pour herself into Franny’s Farm full time. In 2017, Franny became the first female hemp farmer in North Carolina, and ever since, she’s been taking the scene by storm.

The Problem


Navigating the CBD market is overwhelming for consumers

Based on the feedback we often receive from our dispensary and online customers...consumers are responding positively to an increased access to CBD products and are turning to CBD to address a variety of ills, including pain relief, stress management and insomnia. We stay focused on offering a number of educational opportunities and consistently quality products in our best effort to help consumers navigate the market.

For consumers, choosing a trustworthy brand can be daunting when there are so many unregulated options available. With the absence of federal rules around CBD, consumers are looking for the assurance that the CBD they are buying is a reliable, quality product.

The Solution


We believe that relying on local, organic ingredients and a system of checks in the products process ensures the quality and consistency of our products

All Franny's Farmacy branded products are manufactured in small custom-made batches right in Asheville, NC. We control every step of the process from seed to shelf, allowing us to make sure the ingredients, finished product, and everything in between is up to our standards. 

Our proprietary recipes and techniques give us a distinct advantage over the competition.  Every product starts with all natural and mostly organic raw ingredients and time and time again we hear from our customers about the superior quality of our brand and products.

Our Traction


We now have over 50 branded products and we saw a significant amount of growth in less than a year

Our Manufacturing Facility has developed and mastered recipes and manufacturing systems for over 50 Franny branded products. Our products have become so popular that we're now producing products for other labels and brands.  Our white label and private label business is always expanding and we've experienced significant growth in the past 10 months.  White and private labels means we sell our products to other brands without out Franny's label. 

As our products enter new markets and get in the hands of loyal customers, we believe the interest and loyalty only grows.  We've grown our business from being a local to a national player in the space and have expanded our products to include a new Pet Line, Women's Line, Edible Line, Baby Line, and Men's Line.

And our team that knows a thing or two about Equity Crowdfunding!

Franny's Distribution Inc, which provides the wholesale and retail supply chain successfully oversubscribed their two offerings, raising a total of $535k from 840 investors.

The Market


Since the passage of the 2018 Farm Bill, CBD products have exploded in both popularity and retail presence

Retail sales of CBD in the United States are expected to surpass $1 billion in 2019 – a 133% increase over 2018 sales – and might eclipse $10 billion by 2024, according to projections from the newly released 2019 Hemp & CBD Industry Factbook. Hemp Industry Daily projects retail CBD sales will increase to $10.3 billion by 2024, a five-year compound annual growth rate of 54%.

There's an incredible opportunity to continue to grow our businesses and we believe we are positioned perfectly.  When you look at the projections of the industry it is easy to see that even a small market share can add up to a huge amount of sales.  

What We Do


Setting the bar for CBD products, packaging, and overall experience

We use the best labels available on the market, all of which contain QR codes that link directly to our product COA's. We package many of our products in reusable glass jars with minimal packaging. We source our raw ingredients from local farms whenever possible and we use almost all organic and certified organic ingredients in all of our products.

We offer a wide range of products made available online through our easy-to-navigate website that is both smart phone friendly and tablet compatible. We have a staff dedicated to customer service, flat rate shipping, and a 100% guarantee with every product we offer. 

The Business Model


We sell a local product to a national market

Franny's Manufacturing is a critical component in the Franny's Farmacy vertically integrated supply chain. This is where the magic happens! All Franny's Farmacy branded products are manufactured in small custom-made batches right in Asheville, NC. Our finished products are made available in an easily-navigable online store to a national market for flat-rate shipping.    

How We Are Different


Our vertically integrated system makes for reliable products that have consumers coming back

Franny’s is a vertically integrated CBD company, and this is important for two reasons. First, with no manufacturing middleman, we’re able to offer our customers a quality product at a reasonable price. Second, we prioritize the product itself, ensuring that every customer enjoys a safe, natural, self-regulated CBD experience.

We’re run by farmers committed to our employees, customers and businesses making up our supply chain. It can be challenging to be unique in an industry moving so fast and with so many new products hitting the market, but we've been fortunate with the quality of our Branding and Products.

The Vision


We plan to meet the growing excitement for CBD with our quality products and reach consumers in the global market

Cannabis and CBD represent . With the strength of our Brand we plan to keep expanding into new markets throughout the United States and eventually into other countries.  

Our Team


A team founded and grounded with morals, ethics and transparency

With Franny and Jeff at the helm and surrounded by a team of professionals, you can be confident that they will strive to make the most or every business opportunity.  Our team consists of members dedicated to marketing, advertising, shipping and manufacturing.

We've proven our business prowess over and over again through the amazing success we achieved in the CBD and Hemp industry.  At the core, we all operate with the highest and best intentions.

Why Invest


Now is the time to get in on the booming CBD industry

This is where we get down to business and ask for your support. Our manufacturing business has been making Franny's products since March 2019 and we're looking to expand our operations. Your stock purchase in our campaign will help us purchase more equipment, expand our production facilities and hire more great staff.

We're offering a unique opportunity to own a piece of an exciting and growing Brand in the CBD and Hemp Industry.  We're confident in the future of our brand and products.  We hope you join us in the journey and help support our vision.  

Franny's Vertical Integration


Each business that makes up our vertically integrated series of businesses are separate legal entities.  We currently have 7 Corporate entities owned that make up the business: Franny's Farm, (3) Franny's Farmacy Dispensaries, Franny's Manufacturing, Franny's Franchising and Franny's Distribution.  Each of the companies have separate bank accounts and accounting methods.  Franny's Brand does not currently have a parent company and all companies are of equal legal status in the eyes of the State of North Carolina.  



Franny's Investments Inc. DBA Franny's Farmacy is our original CBD Dispensary in Asheville, NC.  It opened in September 2018 and is located on the north side of downtown Asheville.  Hendersonville Farmacy Inc. DBA Franny's Farmacy is our second CBD Dispensary that opened in November 2018 and is located in Hendersonville, NC.  Franny's Distribution Inc. is our Distribution Business that opened in November 2018 and is physically located in Asheville, NC.  Franny's Manufacturing Inc. is our Manufacturing Company that opened in March of 2019 and is physically located in Asheville, NC.  Franny's Franchising Inc. is our parent franchise company that was incorporated in May of 2019 and is located in Asheville, NC.  South Asheville farmacy Inc. DBA Franny's Farmacy is our third CBD Dispensary located in South Asheville and it opened in November of 2019.  


In the Press

What’s fueling the growth in North Carolina hemp production
January 1, 2017

A growing number of North Carolina's farmers are turning to hemp production as a new source of revenue, spurred by the popularity of CBD products and the Trump administration's trade war with China, which has hit the state's tobacco industry especially hard by decimating the export market.

The Green Rush
January 1, 2017

A long-banned plant could spark a surge in post-tobacco mountain agriculture.

Women leading way as hemp revival sweeps Western North Carolina
January 1, 2017

LEICESTER, N.C. (AP) — It's easy to get swept away in the magic of a hemp farm where dragonflies float and goats bleat on verdant hills. Franny's Farm is a place where practical magic and science meet.

Women Leading The Cannabis Industry: “The pace at which this industry is developing is staggering, Franny Tacy

Cannabis is not business as usual! There is not much intuitive about succeeding in this insanely emerging cannabis business. You have to have a dynamically skilled team that thinks beyond the box, navigates politics and legalities, makes profits and manages growth in an unconventional industry.

Interview with Franny’s Farmacy CEO Jeff Tacy

– Ep. 2 – The Equity Crowdfunding Report

Offering Summary


Company

:

Franny's Manufacturing Inc

Corporate Address

:

1300-B Patton Ave, Asheville, NC 28806

Offering Minimum

:

$10,000.00

Offering Maximum

:

$535,000.00

Minimum Investment Amount

(per investor)

:

$300.00











Terms


Offering Type

:

Equity

Security Name

:

Non-Voting Common Stock

Minimum Number of Shares Offered

:

5,000

Maximum Number of Shares Offered

:

267,500

Price per Share

:

$2.00

Pre-Money Valuation

:

$3,000,000.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Perks* and Investment Bonuses

Early Bird Bonus

First 48 hours - Friends and Family Early Birds | 10% bonus shares

Next 5 days - Early Bird Bonus | 5% bonus shares

Volume perks

$300+ Trucker Cap

$500+ Trucker Cap & T-Shirt

$1,000+ - All the above + 250mg Natural Tincture

$2,500+ - All the aparrel + 500mg Natural Tincture

$5,000+ - All the aparrel + 1000mg Natural Tincture

$20,000+ Frannys Farm Invite + 5% Bonus Shares - investor gets all the above and a stay at Franny’s Farm Barnhouse and dinner with Franny & Jeff

$40,000+ Superfan Tour - All the above plus a custom tour of Dispensaries, Manufacturing, Distribution and tour of hemp field. I want to meet these people in person! Who knows if they will follow though or not but it sure is a cool, intriguing concept. 

*All perks occur after the offering is completed.

The 10% Bonus for StartEngine Shareholders

Franny's Manufacturing Inc will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Non-Voting Common Stock at $2 / share, you will receive 110 shares, meaning you'll own 110 shares for $200. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments. Salary payments made to one’s self, a friend or relative.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$38,349.00 USD
$0.00 USD
Cash And Cash Equivalents
$614.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$14,000.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$165,599.00 USD
$0.00 USD
Costs Of Goods Sold
$129,309.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$11,799.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Material Change in Offering

11 days ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Franny's Manufacturing offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Franny's Manufacturing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Franny's Manufacturing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

C-AR Filing

2 months ago

Notice to our investors: We will be unable to meet our April 29, 2020, annual report filing requirements for securities sold pursuant to Regulation CF as a result of complications related to Covid-19 staffing reductions in our accounting department. As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission. We will continue to use our best efforts to comply with our ongoing reporting obligations.

C-AR Filing

2 months ago

Notice to our investors: We will be unable to meet our April 29, 2020, annual report filing requirements for securities sold pursuant to Regulation CF as a result of complications related to Covid-19 staffing reductions in our accounting department. As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission. We will continue to use our best efforts to comply with our ongoing reporting obligations.

C-AR Filing

2 months ago

Notice to our investors: We will be unable to meet our April 29, 2020, annual report filing requirements for securities sold pursuant to Regulation CF as a result of complications related to Covid-19 staffing reductions in our accounting department. As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission. We will continue to use our best efforts to comply with our ongoing reporting obligations.

Exciting Times for Franny's

2 months ago

I’m super excited to make some announcements and give you a few updates.  Our Franny’s Manufacturing stock campaign has surpassed the 100k mark.   This is exciting as it will help us improve some of our manufacturing processes and improve the efficiency of our systems.  

Having recently received our first campaign disbursement I have our team working diligently on fulfilling the perks that go along with your investment.  It normally takes 3-4 weeks for our team to facilitate receiving the necessary merchandise and turning it around to each of you.  We appreciate your patience with this process.

Yesterday I found out that we made the May 2020 cover of the Franchise Times Magazine.  FTM is the premier publication for the franchising industry and getting a cover story is huge for entire system of Franny’s vertically integrated businesses.  As more franchises are sold and opened it adds demand to our Distribution and Manufacturing businesses.     https://www.franchisetimes.com/Issue-Archive/

We’ve held strong during this pandemic and I can clearly see that our Brand is gaining an increased amount regional and national recognition.  Our online sales are growing on a weekly and monthly basis yet again adding to the demand on our supply chain.  

On behalf of the entire Franny’s team and all of the stockholders I want to personally thank you for your confidence, commitment and investment in our company and future.  I’m please with the progress I’m seeing and quite excited about the opportunities ahead of us in the coming weeks, months and years.

 

Jeff Tacy – CEO

Franny’s Brand

Notice of Material Change in Offering

2 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Franny's Manufacturing offering. Here's an excerpt describing the specifics of the change:


Franny's Manufacturing has extended their campaign and updated 2019 financials.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Franny's Manufacturing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Franny's Manufacturing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Getting a Great Start

5 months ago

We’re very excited and grateful for the early support in our new OPO designed to raise money for Franny’s Manufacturing Inc. The money raised will help to purchase new processing equipment with the goal of increasing our production volume and efficiency. As you know all of our products are custom made in small batches which helps maintain the quality and consistency.

Based on a number questions coming into the campaign we felt it is necessary to clarify the difference between last years campaigns and this current campaign. Last year we successfully completed 2 campaigns that raised money for Franny’s Distribution Inc. This campaign is designed to raise money for Franny’s Manufacturing Inc. Distribution and Manufacturing are separate legal entities with separate stock distribution. Purchasing stock in this campaign does not give you stock ownership in the Distribution or any of the other Franny’s businesses.

Last year we did a lot to grow the Franny’s Brand product lines. We launched new lines designed for women, children, pets, men and even an edible line. Our new products have been well received in the market and we continue to research and develop new products that our customers are requesting.

With the launch of the new Franny’s Farmacy website we’re seeing an increased interest in drop-shipping, white label and private label. Each new account represents an additional revenue stream for the manufacturing business. We’re asking that you spread the word of our campaign and help us meet our goal.

Show More Updates End of Updates

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