The Franny's Distribution Incorporated offering is now closed and is no longer accepting investments.

Franny's Distribution Incorporated

CBD wholesale and Ecommerce distribution

Franny's Distribution Incorporated

CBD wholesale and Ecommerce distribution

Asheville, NC
Agriculture
Retail
Franny's Distribution is a CBD Wholesaler and Distributor that leverages vertical integration to cut down costs and reliance on manufacturers. Using simple and pure ingredients, no fillers or unnecessary ingredients will ever go into our products. Focused on ethical work practices and responsible production, they are building a quality-first brand in the exploding CBD market.

$428,000

raised
720
Investors
0
Days Left
$8.00
Price per Share
$8.43M
Valuation
Equity
Offering Type
$296.00
Min. Investment

$428,000

raised
720
Investors
0
Days Left
$8.00
Price per Share
$8.43M
Valuation
Equity
Offering Type
$296.00
Min. Investment
This offering ended on December 04, 2019 and is no longer accepting investments.

Bonus Rewards

Get rewarded for investing more into Franny's Distribution Incorporated

$300+
Investment
Welcome Tier
Invest $300+ and you will receive a Trucker Cap
$500+
Investment
Receive a Trucker Cap and T-Shirt
Invest $500+ and you will receive a Trucker Cap & T-Shirt
$1,000+
Investment
Receive All The Above + $250 Natural Tincture
Invest $1,000+ and you will receive all the above + 250mg Natural Tincture
$2,500+
Investment
Receive All The Above + 500mg Natural Tincture
Invest $2,500+ and you will receive all the apparel + 500mg Natural Tincture
$5,000+
Investment
Receive All The Above + 1000mg Natural Tincture
Invest $5,000+ and you will receive all the apparel + 1000mg Natural Tincture
$20,000+
Investment
Receive All The Above + Fan Tour and Bonus Shares
Invest $20,000+ and you will receive + 5% Bonus Shares, all the above and a stay at Franny’s Farm Barnhouse and dinner with Franny & Jeff
$40,000+
Investment
Super Fan Tier
Invest $40,000+ and you will receive the Superfan Tour! All the above + a custom tour of Dispensaries, Manufacturing, Distribution and tour of hemp field.

Reasons to Invest

Achieved revenue of just under $385k in the first 5 months with a net profit of $33,848.
Fast growing franchise and wholesale business already opening 4 stores and 15 wholesale products.
Handles every step of the production line which allows for secure supply chain and market-best margins.

Bringing quality hemp and CBD products-- from seed to sale

The CBD "Wild West" leads to unreliable and unsafe products

CBD is an exciting product that is taking the nation by storm. Trending among everyone from celebrities to medical professionals, it’s no surprise the buzz around the cannabis product has continued to explode. Based on our research, CBD’s unique and holistic healing properties have been known to alleviate a wide range of symptoms such as chronic pain, anxiety, insomnia, ADHD, and epilepsy, which has catapulted the product to the forefront of the available natural medicines.


We believe the problem is how we define the word ‘available.’ Is it truly available when many have no direct access to safe CBD products in their area?  This leaves the consumer vulnerable to products whose strengths and ingredients are misrepresented; it also does not allow for true exploration into products that could provide serious relief for their circumstance. Many have a bad taste in their mouth, and the people who are unsatisfied with their experience write off CBD and either return to their own traditional methods of symptom relief or move on to trying other options.

If you are left scouring gas stations and smoke shops full of questionable products sold by unknowledgeable employees, that doesn't make CBD feel very "accessible".


And worse yet, establishing a consistent supply chain in the CBD industry is almost impossible in our opinion. In the retail CBD business, companies experience constant hang-ups with vendors, making it so they are unable to fulfill orders, in-turn making it hard to provide consistent high-quality products.

A secure supply chain, that ensures quality at wholesale prices

Franny's Distribution handles every step of the production line which ensures high-quality products, spotless reputations and prevents us from the normal hiccups of the CBD and hemp industry. 


With the understanding gained from growing hemp on Franny's Farm, the Distribution team is well equipped to find the highest quality hemp to create our CBD extracts. By only partnering with manufacturers and processors in our area, we are able to be fully involved in crafting our final product and reliable source material as experts in the national hemp scene.

Frannys Distribution is able to leverage a number of relationships that help them minimize their risk and prevent product shortages and inconsistencies. “Franny’s Farm” grows and sells directly to Frannys Distribution while “Franny’s Manufacturing” produces the final products and sells it to Frannys Distribution to be the wholesale retailer at scale. 


These separate companies, all with common ownership by Jeff and Franny Tacy, were built with the intention of controlling the entire supply chain and maintaining the quality of the Franny's Distribution brand. For additional information about the relationship of these entities please see the Company Overview section of the offering document. 


We at Franny's Distribution, have begun rolling out a wholesale program which we believe will prevent us from a lot of the normal hangups related to the retail CBD supply chain. Because of our unique relationship with Franny's Farm grown hemp, we have the capacity to produce as much inventory as needed. To continue to build our inventory and distribution infrastructure, our team has decided to turn to crowdfunding and give you, the investor, an opportunity to get in on the ground floor of an emerging industry. 

Raising $100k in 7 days was just the start...

We are no strangers to running a successful campaign with StartEngine. During our last funding round, our offering oversubscribed its $107,000 goal in just 7 days! This was a remarkable milestone for us to hit. We now have another opportunity to start a new campaign and offer even more stock in our company.


And, we haven't just been raising funds. Just in the last 5 months, we have had some incredible growth:

  • $385k in revenue for both wholesale and retail purchases
  • 2 new dispensaries and 2 more leases signed for large wholesale accounts
  • Launching a Franchise Offering, with the goal of opening 15 new franchises next year
  • Added 292 investors to our Franny's Family
  • Launched a whole new line of pet, baby and personal care products


Our successful raise has allowed us to re-invest directly back into the business, creating additional marketing campaigns, opening 2 stores, and hiring team members to open wholesale accounts in new states. 

The Green Rush

The cannabis market is exploding with no end in sight. Companies and individuals are scrambling to carve a niche in this industry because the profits have no ceiling. The global legal marijuana market size was an estimated USD 13.8 billion in 2018. It is expected to expand nearly 25% by 2025 and continues to grow every month. The popularity as a treatment for cancer, arthritis, and neurological orders, as well as recreational use, has helped sky-rocket our industry. Governments also love the cannabis industry as it provides tax revenue to help fund schools, roads, and other programs. In Chicago, medical marijuana provided USD 52.7 million in taxes in 2018. Numbers like these encourage local and state governments to adopt medical marijuana.


Franny’s Distribution is growing at the same pace as the industry, where, in under a year we went from just local sales to a nationally recognized brand. We already have a significant foothold in this market, and our strong product line coupled with our organizational strength puts us in an incredible position to continue to profit in the CBD space.

From Plant-to-Sale, all meeting our high standards

Since we are a farm and we grow our own hemp, we have the luxury of knowing the exact quality of what our customer is receiving. This gives us the distinct pleasure of selling our product with confidence because we can guarantee we are producing the top product out there. Each day, we receive an outpouring of testimonials and powerful feedback about how much we have helped our customers and how much people enjoy Franny’s branded products.


Using the Purest Full-Spectrum Distillate to Deliver the Best


You'll see that many of the products on the market are made with CBD isolate. That used to be the norm. Now, we're raising the bar by using our full-spectrum distillate in all of our products. What does this mean? This means that instead of only getting the single CBD cannabinoid as you do with isolate, our products provide exposure to an array of cannabinoids.     


Here are a few reasons why we believe our products are better than most products on the market. 


  • All products go from plant to sale.
  • Full-Spectrum in all of our products.
  • Locally grown, processed and packaged.
  • Super high quality for a great price.
  • Traceability and Accountability. 
  • Excellent customer service.  
  • We believe we have some of the best quality products on the market. 


Our products are comprised of simple and pure ingredients. No fillers or unnecessary ingredients will ever go into our products. We work with reputable manufacturers that operate in certified and inspected facilities. We stand by the sanitation and quality of our products from the field to the consumer. 

We own it all

It is rare that you find a business in any industry, let alone the cannabis industry, that owns or manages the entirety of their supply chain. This is one of the reasons Franny’s Distribution presents such a unique opportunity. We are family owned and everyone that comes to work with us becomes part of our family.


Because of our fast growth and the confidence in our high-quality product, we have the luxury of being able to spend more money marketing our company and products than most of our competitors. We pride ourselves in having no backorders or shortages. We are a brand that stands out, one that you can trust in an uncertain marketplace.

Wholesale, retail and franchise model

We continue to find ways to expand our wholesale business through opening new dispensaries and our soon to launch Franchise Offering. We recently opened our own manufacturing facility which allows us to directly control the quality of both our branded products and our wholesale goods. This paired with our e-commerce site allows us to create a one-stop shop for customers, as well as our dispensaries looking to offering more of our premium products.

Expand our wholesale and add more franchises

We plan to sell 10-15 franchises in the next year which will all become new wholesale accounts. We're using the money from the first campaign to expand our online marketing efforts which is already increasing our online retail sales as well as leading to almost weekly new wholesale accounts.

We are also growing our professional team. With three new employees, we are in the exciting growth phase where we need more help in order to keep up with the massive excitement around our products. With this interest, we are also hiring a brand development company to help us finalize the brand we are so proud of already. They will work with us to continue building out our messaging, graphic design, and more generally, help us become a household name around the country.

Decades of experience in the start-up world

We've built an amazing team of dedicated professionals who are super excited to be working for Franny's Distribution. Our team includes the Marketing Director, order assemblers, product handlers, and product developers. Our system of vertical integration secures our supply chain and almost guarantees the availability of our products. This eliminates companies dependence on other suppliers and manufacturers.


Our products are comprised of simple and pure ingredients. No fillers or unnecessary ingredients will ever go into our products. We work with reputable manufacturers that operate in certified and inspected facilities. We stand by the sanitation and quality of our products from the field to the consumer.  

A trusted brand, looking to expand

We chose equity crowdfunding because we want you to join our Franny's family. We hope you choose us because we have a fantastic brand, are in a gigantic industry, and have a strong company culture. Our success has come from the hard work of our entire team, and we want to give everyone the opportunity to be a part of it.


This is just the beginning. Leveraging our vertical integration plan should allow us to lessen our dependence on suppliers and manufacturers, taking the CBD market by storm. With your support, trust in our team, belief in our mission, we are confident we can continue to build our green dream.

In the Press

Hemp as a Crop
October 1, 2018

The adventures of a female hemp pioneer in North Carolina. Farmer Franny is on a mission to learn and educate about hemp and is paving the way for hemp farmers in her state and beyond.

From Seed to Shelf, How This Husband-Wife Duo Created a 'Hempire'
March 1, 2019

Franny Tacy has more energy than just about anyone you’ve ever met. On any given day she’s been awake since before daybreak hustling, from bottle feeding baby goats and lambs, tending to gardens and guests, hosting CBD/goat yoga on her hemp farm and strategizing with her dedicated husband, Jeff Tacy

Offering Summary


Company

:

Franny's Manufacturing Incorporated

Corporate Address

:

547 Elk Park Drive, Asheville, NC 28804

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 Shares

Minimum Number of Shares Offered

:

1,250

Maximum Number of Shares Offered

:

66,875

Price per Share

:

$8.00

Pre-Money Valuation

:

$8,427,720.00











Early Bird 

First 7 days - Early Bird Bonus 5% bonus shares

$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. 

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$6,625.00 USD
$0.00 USD
Cash And Cash Equivalents
$5,845.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,375.00 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 Funds Disbursement

about 1 month ago

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

Hello!

As you might know, Franny's Distribution Incorporated 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 Distribution Incorporated 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

Franny's Family Updates!

about 2 months ago

Welcome to our close-knit community of farmers and friends, movers and shakers  dedicated to bringing our customers quality products that support health and wellness.  Together, we work toward the grander purpose of revitalizing our agricultural community, while serving as an example of innovative teamwork.

We are thrilled to welcome you as the newest member of our family! 

As a shareholder of Franny’s Distribution Inc, we are confident that your investment will bring fulfilling returns in the future. Your contributions are key to our growth, propelling our success forward in this exciting industry. As an investor, you are not only supporting local products and farmers – you are helping to promote sustainable farming. The hard-working hands of Franny’s Farm and our team of dedicated farmers across the region THANK YOU!

With your investment we have already stepped up our game.  We hired a Vice President of Sales and Marketing who is already taking us to the next level.  Soon, you’ll see more polished digital assets and targeted promotion of the Franny’s Farmacy brand.  You’ll soon see more dispensaries, as franchise interest and eCommerce revenues continue to grow and gain momentum.

As a valued partner, we invite you to share your ideas, comments and suggestions - and we encourage your participation as a shareholder. We regard our investors as valuable contributors to our team, building the Franny’s brand with engagement by purchasing and using our products, leaving reviews and testimonials, sharing our story with friends, family and business contacts and subscribing to our newsletters.  

With your shirt and hat and hashtag #wheresfranny #frannysfarmacy and #frannysinvestor and follow your fellow investors on instagram! Together we can WIN the internet! Also, use coupon code: “investor” - at checkout and save 20% on your online purchase! 

We appreciate you. We thank you and we look forward to hearing more from you in the months ahead. Please feel free to contact us at any time. We are here to help! 

In gratitude,

Jeff & Franny Tacy

Co-Owners Franny’s Farmacy

Co-Owners Franny’s Farm



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 Distribution Incorporated 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.

Frannys Hits 335K/SAFE Banking Regulations Pass!

2 months ago

Hey Franny's Fam!
Jeff and Franny here! It was a big week in the cannabis world (when isn't it?!?)


We are so excited that you all continue to bless us with your faith and trust. We have now passed the 335K mark! We are almost 80% funded for this round! 


Beyond our farm, the US Gov't decided to make a large step forward by passing the SAFE banking Act. This will continue to demonstrate to all Americans, that cannabis is open for business! 


Look out for some exciting updates in the near future!

Notice of Funds Disbursement

3 months ago

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

Hello!

As you might know, Franny's Distribution Incorporated 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 Distribution Incorporated 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

Frannys Grows!

3 months ago

Hey Franny's Family/Friends!

We hope everyone is enjoying the end of their summer! We are continuing to use the funds received through your investments to grow our company. Not only have we continued to improve our website and ramp up marketing efforts, we were able to grow the team by one key member! 

We just hired Michael Carlson for our VP of Sales/Marketing role. 

He comes to us with almost two-decades of sales experience within B2B and B2C sales space. He is super excited to come aboard with Franny's and continue to streamline our systems. We expect him to build our wholesale, white label, drop ship accounts, while growing our sales team!  We look forward to welcoming him to our team! 


Thanks for your continued support of our mission here at Franny's. Please continue to share this campaign with your friends/family and within your social media channels. 

Frannys inches towards quarter-million dollars raised!

3 months ago

Hey Franny's Family! 

I hope each and everyone of you is enjoying a restful, relaxing holiday weekend! We certainly don't take much time off around the farm. We're out there getting our crops ready for harvest season! 

This is an exciting time around the farm, as we prepare to harvest, dry, and cure the crop that will make its way into all of the fantastic Franny's products you are supporting with your investments! Beyond that, we have been fortunate to take on 4 neighboring farms this year under our NC grow permit. This means we are able to support 4 hard-working, local farm families sustainably support themselves. I'm sure  you've seen the "livable wage" debate rage on throughout America. We work very hard to pay each our farmers a sustainable price for their product. This is an extremely important component of what we do at Frannys. We build, nourish and support our local community. 


Please help Frannys get over the next big hump of 250K raised! 

Frannys Goes National

4 months ago

Hey Franny's Family! 

We are getting amped up here at Frannys for our hemp harvest season.  Frannys was featured on a PBS Newshour segment on WNC hemp. It really highlights the intentional and tireless energy that goes into creating the consistently high quality products we sell.


Our campaign has also met a historic milestone! By the time this update reaches you, we have likely reached the half-way raise at 220K invested in our second campaign! 


Thank you for your support, confidence and help! We welcome you to our Franny's Family and to make this opportunity even more impactful, we are asking you to extend the Franny's love with your personal friends and family. Share our campaign on your social media, in your local Facebook group and talk it up at your next neighborhood grill out! Make it the topic of conversation and get your favorite people involved to push Frannys towards the finish line. We look forward to the celebration with you!


We have so many exciting things on the horizon. These funds will allow us to continue to grow here at Frannys, and continue to spread our message far and wide! 

Notice of Funds Disbursement

5 months ago

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

Hello!

As you might know, Franny's Distribution Incorporated 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 Distribution Incorporated 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

Franny's Featured in Chicago Tribune and New Video!

5 months ago

It just keeps getting better.  We have 2 recent announcements that mean big news for Franny's Distribution.   We recently had a new story published by the Chicago Tribune which is amazing as we expand our market reach from regional to national.  Here's the link to the article:   https://www.chicagotribune.com/marijuana/sns-women-leading-way-hemp-revival-20190724-b3knmk4aubgxnlzjsfq5mellca-story.html


We also just released our best video to date featuring Co-Founder Franny Tacy and showcasing why Franny's Brand is different than all the other run of the mill brands on the market.  Here's a link to the video:  https://youtu.be/7URymEa3oBs


Our campaign is doing great.  We're well passed the $100k milestone in less than 3 weeks and getting closer to our goal every day.  This is still an amazing and affordable opportunity to break into a super fast growing industry with major growth potential. 

Franny's Hits a New Milestone

5 months ago

It is a great day to be in the Hemp and CBD industry! We are excited to pass a huge milestone and hit 100k in investments. Our new campaign is gaining a lot of traction and we do not see it slowing down as we just sent out a press release nationally. We appreciate all your support and we need your help in spreading the word to your friends, family, co-workers or anyone who will listen for that matter! Thank you for investing in the Green Dream, we have a bright future ahead of us. 


Early Bonus Shares about to Expire

5 months ago

The campaign is taking off like a rocket.  There's less than 24 hours left in the Bonus Shares option to get in early.  Get your shares now and make the most of your investment.  Our Franchise Offering will launch within the next month so we should see some really nice increases between now and the end of the year.  This is a unique offering with what we consider one of the strongest brands in the nation.  Don't miss out this time...get your stock now.          

Gaining Traction Fast

5 months ago

4-days into the new campaign and we're already passing some of our 1st milestones.   So excited about this one because it will allow more investors to get involved.  If you've viewed both of our campaigns you will see a difference in the per share cost and the company valuation.  Believe it or not this is a good thing.  The cost per share of the initial campaign would be out of alignment with the current valuation of the company.  The value took a nice jump due to many factors including: numerous new wholesale accounts, opening a new dispensary, increased online retail sales, increased traffic in our existing dispensaries and new product roll-outs.  Our campaign is offering an affordable opportunity to get into the fast growing CBD and Cannabis industry.  The first campaign only lasted 7 days and this one is selling out fast don't delay in grabbing up your stock shares in Franny's Distribution.   

Show More Updates End of Updates

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