Goldenseed Files with SEC to Become First Private U.S. Cannabis Grower to Allow Early Stage Investment from General Public


Ryan Allway

October 20th, 2019

News


SANTA CRUZ COUNTY, Calif.–(BUSINESS WIRE)–Goldenseed, a California lifestyle cannabis and hemp brand, whose first product line won the High Times’ Cannabis Cup for Best Pre-Roll in May 2019, today announced it filed with the U.S. Securities and Exchange Commission (SEC) to hold a stock offering. This offering will allow the general public to invest in Goldenseed at an early stage, which is typically only available to high net worth individuals and well-connected investors. Goldenseed expects to be qualified by the SEC to launch its offering online within the next 60-90 days. When it goes live, the general public will be given the opportunity to invest in Goldenseed for as little as $100.00. Goldenseed intends to use portions of the net proceeds from the stock offering toward capital improvements, debt reduction, marketing and general working capital.

Goldenseed Files with SEC to Become First Private U.S. Cannabis Grower to Allow Early Stage Investment from General Public

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“We’re excited to provide a chance to invest in the California cannabis industry and to become part of the Goldenseed community,” said Scott Goldie, chief executive officer of Goldenseed. “I see this as similar to entering the wine industry in Napa in the early ‘70s, before it boomed.”

Goldenseed recently launched as a cultivator, manufacturer, and distributer of high-quality cannabis and hemp naturally grown in renowned Santa Cruz County, California. Goldenseed delivers pure cannabis in the form of proprietary seed strains, smokable blends, and oil and terpene extractions to a discerning clientele. The brand focuses on:

  • Sustainable Farming: Goldenseed’s Santa Cruz County farm is a model for the cannabis industry for clean growing, harvesting, and soil-building land stewardship with Envirocann certification. Goldenseed has also built a worm farm onsite with 16,000 pounds of red wiggler worms that create living soil, rich in microbial and fungal life that ultimately grows natural cannabis.
  • Facilities: Goldenseed’s cannabis cultivation at the Santa Cruz farm can grow as large as 440,000 square feet, potentially becoming one of the larger growers of greenhouse cannabis in California. By year’s end, Goldenseed’s hemp cultivation alone will span 90 acres of Santa Cruz farmland with over two acres of seed production.
  • Research and Development: Goldenseed looks to the future and constantly conducts pheno hunts, which are the cross-breeding and back-breeding of dozens of genetic strains to grow plants that resist disease, grow at the optimal speed, yield the most, and look, smell and taste better. This enables Goldenseed to extract the purest and most powerful terpenes from the plant, which are natural compounds that contribute to a plant’s taste and smell. Goldenseed also focuses on the latest research in CBD to THC ratios, to discover if there is any potential for health applications.

Goldenseed’s stock offering will be held under Regulation A, a law passed as part of the 2012 Jumpstart Our Business Startups (JOBS) Act that allows small companies to raise capital by selling stock online through equity crowdfunding. Before the JOBS Act, 80 years of securities law prevented the general public from investing in private companies, like Goldenseed, at an early stage in their development. This provided the early-stage investment opportunities to only wealthy, accredited investors and those with Silicon Valley or Wall Street connections. This process is being led by Goldenseed’s consultant, Kendall Almerico, a noted securities attorney and crowdfunding expert Forbes named one of the top Regulation A attorneys and JOBS Act experts in the country.

“It’s thrilling to offer customers of Goldenseed’s high-quality products, as well as everyday consumers and investors, a chance to invest in a private United States cannabis company,” Almerico said. “This kind of investment is helping to level the playing field and democratize the investment process.”

“In addition to their shares, our investors will receive exclusive and exciting perks. We’re looking forward to announcing them soon,” said Goldie. “Our goal is to have as many people as possible share in the ownership of our company and help grow the Goldenseed brand with us.”

Currently, there are more than 200 publicly traded stocks related to the cannabis industry. Most of them involve Canadian companies or U.S. companies that do not actually grow or distribute cannabis. Goldenseed’s team believes that, when qualified by the SEC, they’ll present the first opportunity for the average investor to own a share of a private U.S. cannabis cultivator – one with a mission to create a premium cannabis lifestyle brand built on a respect for nature.

To join the growing investor waiting list and to learn more about this investment offering, visit www.OwnGoldenSeed.com.

About Goldenseed

Goldenseed, a California lifestyle cannabis and hemp brand, focuses on the cultivation, manufacturing and distribution of high-quality cannabis and hemp naturally grown in Santa Cruz, California. Deeply rooted in the California culture of artists, surfers, innovators, and diverse communities, Goldenseed aims to deliver quality products to a discerning clientele. Aiming to be a model in the cannabis industry for responsible and natural growing, harvesting, and soil-building land stewardship. www.gseed.com

*Disclaimer*
Goldenseed is “testing the waters” for a possible offering of securities under Regulation A of the JOBS Act. No money or other consideration is being solicited by the company at this time, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date.

Your indication of interest involves no obligation or commitment of any kind. If an offering statement has been filed, you may obtain a copy of the most recent version of the Preliminary Offering Circular from Kendall Almerico at Kendall A. Almerico P.A., 1440 G Street NW, Washington DC 20005 or by e-mailing hello@gseed.com. Or, you may obtain a copy of the Preliminary Offering Circular from the SEC’s website by clicking here.

Contacts

Media contacts: Evan Nicholson, James O’Hagan, Danyelle Simpkins, and Juliona Miller at Glodow Nead Communications, (415) 394-6500 or GoldenSeedPR@glodownead.com

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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