Franny’s Manufacturing opts for equity crowdfunding to fuel expansion
The company behind the CBD brand Franny’s Farmacy is looking for investors to fund its expansion. Asheville, N.C.-based Franny’s manufacturing, which has made the Franny’s Farmacy brand products since March 2019, currently is looking to grow its capabilities via equity crowdfunding through StartEngine.
The company’s StartEngine page values itself at $3 million, and is asking for a minimum investment of $300. As of May 26, Franny’s Manufacturing had raised $130,378 from $255 investors.
The company highlighted its focus on a vertically integrated process and its various revenue streams in the above video, which accompanied the StartEngine page.
