Bespoke Extracts, Inc. announced that it has received $0.1 million in funding
February 15, 2024
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Bespoke Extracts, Inc. announced that it has entered into an agreement and issued non-convertible senior secured notes for gross proceeds of $100,000 on February 16, 2024. The notes have an interest rate of 15% due February 15, 2025. The company also issued warrants to purchase an aggregate of 100,000 common shares, for an aggregate purchase price of $100,000. The Notes are senior in terms of priority and liquidation to all other existing debt obligations of the company. The warrants have a term of two years and an exercise price of $0.11.
On February 21, 2024, the company announced that it has raised $100,000 in funding pursuant to exemption provided under Regulation D. The transaction included participation from 3 investors.
Bespoke Extracts, Inc. operates in the regulated cannabis markets in the United States. The Company owns, manufactures, and distributes a portfolio of cannabis consumer packaged goods brands including Fresh Joints, Box-O-Joints, and Wee Joints, to licensed marijuana dispensaries across Colorado. Through its wholly owned subsidiary, Bespoke Extracts Colorado, LLC, the Company operates Wonderleaf LLC (WonderLeaf), a marijuana-infused products production facility in Aurora, Colorado. The Company manufactures a range of premium pre-rolled joints. The Company has offered cannabis products focusing on two primary categories: Branded Products and Processing Business. It plans to pursue production of brands of pre-rolled joints and other processed marijuana products under newly created brand names. It also plans to explore licensing existing brands from other states and producing them in Colorado.
BESPOKE EXTRACTS, INC. 
