Data / Crowdfunding / Kentucky / Cornbread CBD, PBC
Cornbread CBD, PBC: crowdfunding raise on Wefunder Portal LLC, $50,009 to $324,994 (2023)
Cornbread CBD, PBC, a corporation in Louisville, KY, filed a Form C with the SEC on February 21, 2023 to raise $50,009 to $324,994 in preferred stock through Wefunder Portal LLC. The offering closed on April 30, 2023. In its most recent fiscal year it reported $21,025,961 in revenue and $848,506 in net income, with 61 employees.
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- Website
- www.cornbreadhemp.com/?srsltid=AfmBOoothner86yJCovnJAFFN0mLQremFO2nS-mmOnj9veyk5PJI5Y4n
- Funding portal
- Wefunder Portal LLC
- Address
- 4612 SCHUFF AVE SUITE 203, Louisville, KY 40213
- Legal form
- Corporation
- Jurisdiction
- KY
- Incorporated
- January 31, 2019
- SEC CIK
- 0001807577
Offering terms
From the offering filed February 21, 2023.
- Security
- Preferred Stock
- Price
- $13.23
- Target
- $50,009
- Maximum
- $324,994
- Deadline
- April 30, 2023
- Portal compensation
- 6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed April 30, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $21,025,961 | $11,972,997 | sec.gov |
| Cost of goods sold | $5,350,279 | $2,466,193 | sec.gov |
| Net income | $848,506 | $-848,407 | sec.gov |
| Taxes paid | $4,043 | $53 | sec.gov |
| Total assets | $6,188,863 | $3,045,406 | sec.gov |
| Cash | $2,380,280 | $571,064 | sec.gov |
| Accounts receivable | $166,532 | $70,451 | sec.gov |
| Short-term debt | $1,127,611 | $460,233 | sec.gov |
| Long-term debt | $3,344,010 | $1,716,435 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 30, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| February 21, 2023 | Offering | $50,009 | $324,994 | April 30, 2023 | sec.gov | |
| February 17, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 13, 2020 | Amendment | $50,000 | $400,000 | August 7, 2020 | Adding reviewed financials, lead investor, and upping max to $400,000. | sec.gov |
| April 2, 2020 | Offering | $50,000 | $107,000 | August 7, 2020 | sec.gov |
Also on SpecStream
Updated April 30, 2026. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.