CLOSED
GET A PIECE OF FRANNY'S MANUFACTURING
Seed to Shelf, Hemp and Health- CBD
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.
$272,174 Raised
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.
ABOUT
HEADQUARTERS
1300-B Patton Ave
Asheville, NC 28806
WEBSITE
View Site
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.
TEAM
Franny Tacy
Owner, Board Member, CEO
Farmer Franny is on a mission to share her hemp knowledge and is paving the way for farmers in her state and beyond. Look for her TedX talk, listen and learn about the obstacles she faced growing a crop that is federally illegal and how it’s turning into a positive movement for “Women in Hemp,” hemp growers, artisans processors and businesses with aligned “farmer focused” values. Franny and husband Jeff have opened multiple CBD Dispensaries, called Franny’s Farmacy, and are now offering franchises. They are taking their hemp from plant to processing to product offering tinctures, topicals, smokeables, vap hardware, edibles, pet line and more. Seed to Shelf ~ Hemp and Health!
Franny's Farm Inc is her primary job. She works with the issuer 10 hours a week.
Mandy Overstreet
Manufacturing Director
I spent the first part of my life in Alpharetta, GA, and then moved to Athens, GA when I was in high school. I stayed there for college, and graduated from the University of Georgia with a degree in Financial Planning. My husband Walker and I decided to move to Asheville shortly after college as we loved everything this wonderful town has to offer. While working in the financial industry and then in marketing, I started my own business on the side. My business was called Mandelin Naturals, and I focused on making natural bath and body products. After my first two sons were born (I have three total), I decided to quit my normal 9-5 and focus on my business full time. It was through this business that I met Franny and Jeff Tacy, vending at an event on their farm called Barnaroo. As Franny's Farmacy took off, I began to do more and more business with them on their topical line. They asked me to join the team in April as the Manufacturing Director, and I was more than happy to accept! I am a huge believer in the healing benefits of hemp, and could not think of a company that better represents my values and beliefs than Franny's Farmacy.
Michael Carlson
Vice President of Sales and Marketing
I am thrilled to join the Franny's Farmacy team as Vice President of Sales & Marketing. We are committed to supporting the health and wellness of our customers and community through our innovative organic farm; network of principled partner producers and institutions; and traceable seed-to-shelf hemp and CBD products.
Historically, I have a wide-ranging background in business development. I cut my teeth at the world's largest language services company, TransPerfect, opening a regional office and helping grow it to over 30 employees, with exponential revenue growth over that 8 year period. From there, I followed my passion for technology and grew several software companies in areas like B2C personalization, B2B Account-Based Marketing, Employee Engagement, Recruiting, and Workflow Optimization. I am skilled in Search Engine Optimization (SEO), Sales, Marketing, Management, Software as a Service (SaaS), and Corporate Partnership Development.
Ever the analytical, data-driven mind - I also have a Bachelor of Science in Mechanical Engineering from Northern Illinois University.
Patty Lemone
Production Manager
I’ve called the beautiful mountains of WNC my home for almost twenty nine years! I am a proud mother of two children, along with a menagerie of rescue pets. I grew up on a small farm in Weston, Connecticut. I come from a large family which has nurtured my love for plants, animals and cooking.
I've been an advocate for cannabis for as long as I can remember. When this industry opened its doors, I immediately dove in. Being a Horticulturist, I truly understand all of the benefits of this multipurpose plant. With a heart full of empathy, I know I could fulfill my dream of helping others. From being diagnosed with fibromyalgia, bilateral carpal tunnel, and osteoarthritis, this has only further enhanced my love of healthy eating. I've also begun making my own tinctures and an array of tasty edibles.
I've been with Franny’s Farmacy for well over a year now, and I can honestly say it has been a wonderful experience! I've had the pleasure of working in the dispensaries, along with the construction of new facilities, and even starting up the distribution center. I now reside in manufacturing where the magic happens. I can honestly say “I love my job!”
Chase Jacobus
Production Associate
I reached out to the Franny's Farmacy brand after getting out of the military and not being satisfied with where I was working or what career I was working towards. I found the Franny's website and immediately fell in love with the people and the brand. I made it my goal to try to work with Franny's in any way I could. I moved up to the farm in May of 2019 and worked on the farm all summer until after harvest. At that point I had an interest in working at the manufacturing facility alongside Mandy and Patty. They have been extremely welcoming and helpful and I have learned so much while working with them. It has been so fulfilling to be able to contribute to a company I trust and believe in every single day and I couldn't thank the people that have given me this opportunity enough.
TERMS
Franny's Manufacturing
Overview
PRICE PER SHARE
$2
DEADLINE
May. 1, 2021 at 6:59 AM UTC
VALUATION
$3M
FUNDING GOAL
$10k - $535k
Breakdown
MIN INVESTMENT
$300
MAX INVESTMENT
$535,000
MIN NUMBER OF SHARES OFFERED
5,000
MAX NUMBER OF SHARES OFFERED
267,500
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Non-Voting Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*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.
PRESS
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.
What’s fueling the growth in North Carolina hemp production
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.
ALL UPDATES
REWARDS
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
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LISA PACK
9 months ago
Has anyone gotten any changes or information in regards to this yet? I do know there were some changes made in the company - per the notes left here by Franny's - But how does that effect our investments? I would certainly like to get some communication on this - Thanks.
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Todd DeJausserand
a year ago
Hello everyone. I too have not received a single response to my emails about this. I work very hard for my money and I feel that I have been snubbed by this investment. I suggest that if we don't receive anything by the end of this month, we file a joint lawsuit because I know several others that would be willing to join. Power in numbers
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LISA PACK
a year ago
WOW ! I am still trying to get a resolution on these shares. I see that I am not the only one. I have tried to email numerous staff at Franny's with no response. If anyone comes up with an answer - please share it with us here. I would really like to get OUT OF THIS ! Shame on them for not doing the right thing and handling this properly.
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Robert Greenway
2 years ago
Do I need to get my Attorney's involved ?
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Robert Greenway
2 years ago
Invested in this company over 2 years ago through Start Engine . I have been trying to get answers from both with NO replies
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Courtney Dunn
2 years ago
We have yet to see our gift for investing $500 9 months ago. Can I get an update on the business and my investment? Please advise on the best way to stay informed. Thank you.
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Joseph Kulinets
2 years ago
I have suddenly noticed looking at the compressed list of my investments that my investing in Franny's Manufacturing is "voided". Where is a mistake?
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JOHN DaRe
2 years ago
Thanks for keeping us informed I feel more comfortable with my investment now
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JOHN DaRe
2 years ago
Do you have any updates on the business?
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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FAQS
Crowdfunding
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
LISA PACK
a month ago
Has anyone been able to get anywhere with this investment? I basically have gotten NOTHING with my investment. I am so disappointed in the Franny's team that this has basically gone nowhere. Any insight or tips on how to get my funds back would be great !
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