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Cannabox

Operating

Cannabox, LLC

Retail & Consumer · Phoenix, AZ · Founded 2013

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Redefining the online shopping experience for cannabis accessories

Post-money valuation ⓘ
$12.1M
As of Dec 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$291,783
Across 2 rounds since 2020
Latest share price
$1.14
Reg CF · Common Stock · Sep 2021 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$2.0M
$23K
2018
$2.4M
$151K
2019
$3.9M
$407K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020
Income statement
Revenue
$1,998,567
$2,396,800
$3,943,081
Cost of goods sold
$1,711,652
$1,994,822
$2,382,147
Gross margin
14%
17%
40%
Net income
$22,970
$151,140
$406,668
Taxes paid
$0
$0
$0
Balance sheet
Cash
$172,506
$240,300
$147,328
Accounts receivable
$10,000
$10,000
$4,000
Total assets
$187,506
$270,300
$163,194
Short-term debt
$85,617
$17,400
$25,000
Long-term debt
$0
$0
$0
Total liabilities
$85,617
$17,400
$25,000
Other
Headcount
—
3
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$8.5M
Valuation cap
$12.0M
pre-money
Reg CF · SAFE · Dec 2020
Reg CF · Common · Sep 2021

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Cap table

Principal holders% as the filing states it, Sep 9, 2021

  • Michael Berk100.0%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Common Stock · Sep 2021Closedvia StartEngine
Raised $61.6K / $308KInvestors 203Post-money $12.1M
Reg CF · SAFE · Dec 2020Closedvia Republic
Raised $230.2K / $1.1MInvestors 811Valuation cap $8.5M

Team

4 people
Anthony BerkFounder
COO

Although not a founder, Anthony was onboarded in 2017 as the creative director and head of marketing. Anthony has taken the Cannabox brand to a new level with new marketing strategies, influencer campaigns, innovative product design, and more.

Michael BerkFounder
CEO

Michael has been a passionate cannabis user for 20+ years. After successfully exiting his previous subscription-based business, he used the acquisition funds to start Cannabox. Michael has been the sole founder and CEO since 2013.

Camiren Huth
Social Media Manager & Photographer - (Contractor)

Camiren has been a freelance photographer since 2018 and currently shoots for multiple venture-backed businesses. Camiren works 20 hours per week for Cannabox.

Rai Khan
Social Media Manager (Contractor)

Rai oversees all social media curation and assists with Cannabox product design & curation. She is currently working towards a masters in design at ASU. Rai works 20 hours per week for Cannabox.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

811 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UOct 4, 20220001665160-22-002600
    EDGAR
  • Form C-UJan 6, 20220001665160-22-000051
    EDGAR
  • Form C/ADec 13, 20210001665160-21-002167
    EDGAR
  • Form CSep 9, 20210001665160-21-001612
    EDGAR
  • Form C-ARMay 3, 20210001213900-21-024050
    EDGAR
  • Form C-UMay 3, 20210001803288-21-000001
    EDGAR
  • Form CDec 16, 20200001803288-20-000003
    EDGAR
Source: ManualCIK 0001803288AZShare price $1.14

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.