Cannabis deemed essential in Michigan provides comfort to clients and investors
April 22, 2020
Who we are
Iconic Wellness and Provisioning is planning to open its first and flagship cannabis dispensary in Sturgis Michigan. The existing property will be fully integrated with a large grow facility and capacity to generate in excess of $200 Million in product. Management has chosen a strong location that is strategically positioned to succeed in both processing and provisioning. Iconic believes a lower-risk and comparable opportunity exists that is consistent to the industry’s larger players. While others have set a precedent and a validation to the demand of Cannabis, Iconic benefits from identifying a need for vertical integration with scarce resources in a specific area.
The Capital Raise is $3,000,000.
Value Opportunity exists with licenses and property believed to be within a range of the $6 million pre money valuation.
Minimum Investment is $50,000
Company is offering $3,000,000 Membership units at $1 per share.
Investment Thesis & Business Plan
This is the chance to participate in our venture at a point in time where entering a first-round financing is special regarding Cannabis investments. Iconic Wellness and Provisioning is strategically placed, vertically integrated and methodically structured to maximize an investment without oversized valuations from inception, presenting immediate enhancement in valuation. The key components are in place, with our licenses, Iconic Wellness and Provisioning Campus, we can leverage our infrastructure and identify other potential dispensaries in the remaining 80% of Michigan cities that have not opted in currently.
This presentation is for informational purposes only, is subject to change, does not constitute investment advice or a recommendation, is not an advertisement, and is not intended for public use or distribution. This presentation does not constitute an offer to sell nor the solicitation of an offer to buy interests (the “interests”) in Iconic Wellness and Provisioning LLC. Such offer or solicitation may only be made by means of a delivery of a confidential subscription agreement, operating agreement, or other appropriate disclosure which contains descriptions of the material terms relating to such investment and only in those jurisdictions where permitted by applicable law