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Current Interests
$0

0%
Pledged:
ID:
23-TTW-2025
Exemption:
Test the Waters
Issue Type:
Equity
Accredited Only:
No
Financials:
Certified
Certified By:
NH Corp / Sprout Cannabis
Price per Unit:
$1.00
Minimum Investment:
$500
Minimum Goal:
$50,000
Stretch Goal:
$500,000
Valuation:
$10,000,000
Planned Launch Date:
January 15th, 2025
Previously Raised:
$100,000

Invest In Sprout Cannabis

We are a woman-owned Licensed Cannabis Operator poised to become a leader in this high-growth industry. Reserve your spot in history as a shareholder in the brand new adult-use cannabis market.

The Sprout Cannabis mezzobusiness model begins with a minimally viable entry to the market, growing along with market conditions, eventually expanding into a vertically integrated operation that takes advantage of the unique licensing type. The legislature included numerous measures to ensure craft cannabis was at the forefront of legalization, our business model is one of the very few that can both operate at scale, and be fully vertical.

 

Flagship retail

Sprout Cannabis stands at the forefront of the cannabis industry, redefining excellence through our unique approach to vertical integration and our unwavering commitment to craft cannabis within a mezzobusiness model.

Our approach allows us to be nimble and innovative, adapting quickly to market trends and consumer preferences while maintaining the soul and integrity of a craft cannabis producer.

In a market increasingly dominated by mass production, Sprout Cannabis remains committed to authenticity, quality, and community engagement, making us a beacon for those who seek the finest cannabis experiences.

Highlights

Distinct, appealing retail locations: that are inviting and cater to a broad range of canna-curious and connoisseurs alike. Highly trained, friendly associates help guide our guests and provide tailored recommendations and education.

Vertical Integration: Our vertically integrated operations ensure unparalleled quality control and seed-to-sale transparency, allowing us to tailor our processes to meet the highest standards of purity, potency, and sustainability. By combining this with the principles of craft cannabis, we focus on small-batch, artisanal production methods that highlight the unique characteristics of each strain, ensuring a premium, nuanced experience for our consumers.

Our Balanced Business Model: Our model sets us apart by striking a perfect balance between the scalability of large-scale operations and the personal touch of smaller, boutique cultivators.

We Seek To Raise $500,000

License Type

The Minnesota mezzobusiness license will allow us as a Licensed Cannabis Operator (LCO) to cultivate up to 15k sqft of indoor canopy and an additional 1 acre of organic, sun-grown crops.

Our Path

Leah, founder of Sprout, began assembling a team of collaborators immediately after Minnesota’s landmark legislation looked likely to pass in 2023.

Team members include advocates integral to passage of the legislation, experienced veterans operating in existing licensed states, cannabis enthusiasts, business experts, and consultants with track records accounting for more licensing wins than any other firm nationwide.

Our team has also established relationships with other industry leaders that will protect our supply chain while maintaining efficient distribution of products.

Community

Sprout cherishes our commitment to the community. Our team members are deeply woven into the fabric of the cannabis culture in Minnesota and have dedicated themselves to establishing a better and brighter future without prohibition. As part of our efforts, Sprout pledges to donate 2% of profits to help fund community efforts to help those most impacted by cannabis prohibition through partnerships with organizations who have shown a track record of leading the charge for change.

As part of our initial efforts, Sprout has partnered with BIPOCann and The Last Prisoner Project to immediately meet our goals of giving back. Future partnerships include the Twin Cities Pride Festival and other local Minnesota organizations that exemplify our values and demonstrate an ability to promote and advance these objectives.

About Us

N H Corp is a Minnesota Department of Agriculture (MDA) licensed hemp cultivator and permitted seed labeler in Minnesota set to capitalize on the upcoming adult-use cannabis licensing round

                                           

 

How Funds Will be Used

Payroll for key management until license is issued.

Open a series of low-dose pop-ups to build interest

Develop a line of approachable Δ9 beverages

Launch hemp derived gourmet chocolate bar

Begin Marketing initiatives, including utilizing existing partnerships with industry advocates, key influential lobbyists, PR firms, and digital agencies.

Increase Market Cap

  1. Build on our first season’s harvest by increasing canopy of indoor cultivation.1
  2. Build out two ~2500-5000 sqft dispensaries.
  3. Build our destination facility with an onsite consumption lounge.
  4. Expand our processing facilities.
  5. Build out our manufacturing facilities.

1 Legislation allows for increased canopy size from 15,000 sqft to potentially double in size to 30,000sqft  a unique opportunity to outperform the license type.

Limited Funding Round

Join our initial investment of $100,000 in a limited crowdfunding series to raise an additional $500,000, and own a piece of history as one of the first legal cannabis operators in Minnesota's history!

Disclosure: Apparel will be shipped once the campaign is funded. Delta nine beverages will be available at our beverage release party once formulated and produced.

Beverage Release Party

Join us for an exclusive event of exciting announcements, innovative libations, and vibrant energy as we unveil 23rd State’s new delta 9 THC beverage to the world. As a valued investor, you'll receive a limited-edition, commemorative founders can of MN 23rd State delta9 THC beverage. This exclusive collectible celebrates the journey and signifies your role in our success story. 

       

Learn more about investing in Sprout Cannabis ➔


Disclosure: this page represents Testing The Waters materials.

  • No money or other consideration is being solicited, and if money is sent in response, it 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 filed and only through an intermediary’s platform;
  • A person’s indication of interest involves no obligation or commitment of any kind.

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