Cornbread Hemp™

Operating

Cornbread CBD, PBC

Industrial & Manufacturing · Founded 2019

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USDA-Certified Organic CBD

Post-money valuation ⓘ

$10.4M

As of Mar 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price

Total raised

$7,145,090

Crowd $812K · Private $6.3M · 8 rounds since 2019

Latest share price

$13.23

Reg CF · Preferred Stock · Feb 2023 offering price

Financials

FY2018–FY2024 (no data for FY2022) · from SEC filings · hover any figure for its source

2018

$181K

−$374

2019

$430K

−$9K

2020

$1.9M

−$148K

2021

2022no data

$12.0M

−$848K

2023

$21.0M

$849K

2024

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2018 reviewed*

FY2019 reviewed*

FY2020 reviewed

FY2021 reviewed

FY2023 unaudited

FY2024 unaudited

Income statement

Revenue

$180,734

$429,871

$1,855,863

$11,972,997

$21,025,961

Cost of goods sold

$93,966

$177,363

$609,590

$2,466,193

$5,350,279

Gross margin

—

48%

59%

67%

79%

75%

Net income

-$374

-$9,022

-$147,807

-$848,407

$848,506

Taxes paid

$175

$53

$4,043

Balance sheet

Cash

$21,122

$401,142

$253,583

$571,064

$2,380,280

Accounts receivable

$10,001

$3,948

$6,409

$70,451

$166,532

Total assets

$120,428

$536,549

$608,450

$3,045,406

$6,188,863

Short-term debt

$20,702

$25,312

$692,518

$460,233

$1,127,611

Long-term debt

$446,441

$98,763

$1,716,435

$3,344,010

Total liabilities

$20,702

$471,753

$791,281

$2,176,668

$4,471,621

Other

Headcount

—

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

$4.0M

Valuation cap

$10.0M

pre-money

Reg CF · Note · Apr 2020

Reg CF · Preferred · Feb 2023

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.

Fundraising history

Private · Mar 2024Closed

Raised $780K

Rule 506(b) · Equity · Oct 2023Closed

Raised $1.9MInvestors 2

Reg CF · Preferred Stock · Feb 2023Closedvia WeFunder

Raised $433.4K / $325KInvestors 451Post-money $10.4M

Rule 506(b) · Preferred Stock · Jul 2022Closed

Raised $1.7MInvestors 12

Private · Dec 2021Closed

Raised $1.7M

Private · May 2020Closed

Raised $158.6K

Reg CF · Convertible Note · Apr 2020Closedvia WeFunder

Raised $378.4K / $400KInvestors 845Valuation cap $4M

Section 4(a)(2) · Common Stock · Jan 2019Closed

Raised $100K

Team

2 people

Eric ZipperleFounder

Co-founder & President

Jim HigdonFounder

Co-founder & CCO

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

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 6 annual reports (FY2020–FY2025)

845 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

View all 11 filings on EDGAR

Form C-TRApr 30, 20260001807577-26-000001
EDGAR
Form C-ARApr 30, 20250001670254-25-000525
EDGAR
Form DOct 18, 20230001807577-23-000001
EDGAR
Form CFeb 21, 20230001670254-23-000153
EDGAR
Form C-ARFeb 17, 20230001670254-23-000134
EDGAR
Form D/ADec 20, 20220000892303-22-000024
EDGAR
Form DAug 9, 20220000892303-22-000014
EDGAR
Form DMar 2, 20220001807577-22-000001
EDGAR

Source: ManualCIK 0001807577Share price $13.23

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.