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Diem Cannabis

Operating

Diem Orange LLC

Food & Beverage · Founded 2019

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Build a world class marijuana farm in Massachusetts

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 1 round since 2021

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$3.8M
$139K
2019
$11.0M
$331K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
Income statement
Revenue
$3,775,694
$10,982,096
Cost of goods sold
$2,727,394
$9,171,749
Gross margin
28%
16%
Net income
$138,639
$331,382
Taxes paid
$52,046
$629,626
Balance sheet
Cash
$2,004,555
$1,393,071
Accounts receivable
$0
$20,774
Total assets
$4,242,023
$6,138,818
Short-term debt
$2,028,457
$2,873,441
Long-term debt
$1,538,824
$2,373,623
Total liabilities
$3,567,281
$5,247,064
Other
Headcount
—
2

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”.

Fundraising history

Reg CF · Revenue Share · Sep 2021Failedvia Mainvest
Raised — / $250K

Team

1 person
Christopher MitchemFounder
Founder and CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

never closed a Reg CF raise

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

SEC filings

  • Form C-WDec 6, 20210001746059-21-000584
    EDGAR
  • Form C/AOct 1, 20210001746059-21-000484
    EDGAR
  • Form CSep 16, 20210001746059-21-000448
    EDGAR
Source: ManualCIK 0001883276

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.