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Exit 6, LLC

INVEST

116dd06hh

Time left to invest


$0

amount committed 

$10k - $1070k

funding goal 

Regulation CF

exemption used 

$4,331,166

pre money valuation 

$300.00

min investment 

0

investors 


Security Type
Convertible Note
10% Interest
Maturity Date: 06/30/2023

Who are we

Exit 6 is a Hemp/CBD company that has a focus on product and distribution of retail products via (Vending Machines).

 

This company has strategic partnerships that will allow the placement of CBD anywhere. Exit 6 will implement a strategy of placing our vending machines in airports, malls, convenience stores, and other places where our potential customers frequent.

 

 

Our understanding of the CBD industry combined with the use of technology will enable Exit 6 to gain its place in the CBD vending marketplace. The CBD products will come from well-established vendors that already have a following. The Exit 6 vending machines will make their products more available to their already satisfied customers.

 

In 2018 the CBD market grew over 57%. There are many natural and organic product manufacturers that are expanding their offerings to include CBD products. Over the next few years, there will be new hemp-derived CBD products flooding the market.

 

Cannabis and medical-only marijuana sales reached 10 billion in 2018, while CBD sales were reported to be over $200 million according to Marijuana Business Daily estimates.

 

Several national retailers have decided to enter the CBD market. When retailers like Walgreens, CVS, and GNC begin to stock their shelves with hemp-based products, the hemp market will be significantly impacted.

 

CBD Vending Machines

Today if you walk through just about any airport terminal you will have seen vending machines from Best Buy selling headphones, CVS Health mini-pharmacies, and even pet products.

 

With the U.S. hemp-derived CBD market estimated to top $20 billion by 2020, it's only logical that vending machines may soon become a larger piece of the CBD supply chain.

 

The Future of Retail

Cannabidiol (CBD) oil products have helped millions of people with their medical ailments and has now become one of the fastest-growing products in the U. S. aided by the passage of the 2018 Farm Bill. By 2022, the Brightfield Group, a cannabis and CBD market research firm, says sales are expected to reach $22 billion. CBD Vending Pros objective is to provide outstanding cutting-edge equipment and service to each of its' Customers in order to help them live better lives.

 

CBD Health Benefits

Research studies now show that CBD can help alleviate a large number of health issues making its use consistent with your active lifestyle. Anytime CBD's products are formulated to combat and help relieve

  • Inflammation
  • Muscle pain/soreness
  • Stress/anxiety
  • Sleep disorders
  • PTSD
  • Arthritis
  • Diabetes
  • Depression
  • Epilepsy
  • Parkinson's
  • And a host of other conditions

 

Leveraging the new Hemp/CBD opportunity, Exit 6 has created a CBD distribution system utilizing proprietary technology, existing distribution channels, and vending strategies to scale globally. With existing contracts and low market entry, Exit 6 has created a unique venture that will yield high returns with a relatively low investment.  Exit 6 is a Delaware-based Limited Liability Company with a pre-money valuation of over 4.3 Million USD. Through this crowd-funding effort, Exit 6 will be properly financed and positioned for growth in the US Market by 4th Quarter 2020.

 

The CBD market has exploded

In 2018 the CBD market grew over 57%. There are many natural and organic product manufacturers that are expanding their offerings to include CBD products. Over the next few years, there will be new hemp-derived CBD products flooding the market.

 

Cannabis and medical-only marijuana sales reached 10 billion in 2018, while CBD sales were reported to be over $200 million according to Marijuana Business Daily estimates.

 

Several national retailers have decided to enter the CBD market. When retailers like Walgreens, CVS, and GNC begin to stock their shelves with hemp-based products, the hemp market will be significantly impacted.

 

Current alternatives

There are a number of existing vending machine companies that have developed a line of products specifically for the CBD industry. This has created a new market for CBD franchise opportunities and online sales.

 

A recent report from Global Market Insights, Inc. shows that worldwide vending machine demand is steadily on the rise, and is expected to grow at a compound annual growth rate of around 16% through 2024.

 

Not only do vending machines have a smaller carbon footprint compared to traditional retail operations, but their wide variety of logical applications ranging from public transport hubs to shopping malls allow sellers to increase their consumer reach tremendously.

 

Diamond CBD, one of the largest CBD distributors has decided to enter the $21 Billion Vending Machine Market With an Innovative Hemp-Derived CBD Product Showcase. Diamond, being a true leader in the CBD industry entry into the vending market dictates that this market focus has great revenue potential.

 

A simple google search will reveal a great number of companies offering CBD vending machines or CBD products. Currently, there are no detailed regulations on how this industry operates.

 

The business model and strategy for Exit 6 has been well defined. The pillars of this strategy are listed below.


CBD Marketing
Everywhere you look online, whether it is in the form of a CBD-focused advert that grasps your attention on Facebook, a search engine optimized CBD advertising campaign that points to an online store via Google, the surge in CBD marketing is hard to ignore.


Finding new customers
According to a study conducted by High Yield Insights, approximately 40% of U.S. consumers aged 21 and above claim that they would consider trying CBD. This figure will grow and so, finding new customers by tapping into the power of CBD marketing will be essential to our success.

Differentiating our brand
The CBD space is growing and more companies are being established on a daily basis. We will focus on the differentiation of our brand from the rest. We will provide our audience with constant education. Our differentiator is our strategic partnership and the use of vending machines and proprietary software to sell products. Through government contracting, strategic alignment, and unique brand ambassador marketing, Exit 6 has created an ease of market entry and a strategy for growth and sustainability.

Retaining customers
CBD marketing can help us attract recurring customers. We will develop and implement different types of campaigns and incentive programs to keep our customers coming back.


Marketing & Sales


Understanding the CBD Market


Before you can effectively market CBD, you need a grounding in the subject, as the laws governing cannabidiol have changed dramatically in recent years.

 
CBD is a byproduct of the hemp plant. Unlike cannabis, another hemp byproduct, CBD is non-intoxicating and non-psychoactive. The compound in cannabis that causes feelings of intoxication, THC, is present in much lower concentration in CBD. This means that consumers can ingest CBD products therapeutically anywhere and at any time, and feel no intoxicating effects.


The passage of the 2018 Farm Bill has changed this entire industry.

 

That bill legalized hemp production for the first time under federal law. It also legalized the production of CBD, as long as that CBD does not contain THC levels above a certain threshold. This, for the first time, opened the door to the production and sale of CBD products on a mass scale. And that's precisely what happened, as large corporations entered the CBD space in force, turning the product from a niche concern to an overnight consumer phenomenon.


A Health and Wellness Craze

 

Consumers are always seeking natural alternatives to make them look and feel better. CBD, much like kale, quinoa, and gluten-free, has everything necessary to become a consumer wellness craze. It is readily available, fairly inexpensive, natural, and backed by some significant research attesting to its efficacy.

 

Now, CBD use is regarded by some as a natural, non-habit-forming alternative to pharmaceuticals. 


Consumers have also come under the belief that what's good for them is good for their pets. CBD-infused animal products are the fastest-growing segment within the pet industry, as consumers extend their passion for natural health and wellness alternatives to their pets.


Understanding the Challenges Inherent to Marketing in the CBD Space


While the CBD opportunity is in a significant growth spurt, there are some significant challenges to negotiate.

First, there are restrictions regarding what can and can't be said when marketing CBD products. For example, brands cannot make "deceptive" claims about the health and wellness benefits of CBD.

When marketing their CBD products, brands must also be careful to avoid making specific claims about treating diseases or conditions with CBD products.

Many marketing channels that are open to conventional products are closed to CBD products. This includes some of the most prominent players in the digital advertising space. Google, for example, does not allow advertising and marketing of CBD products. Twitter, too, bans CBD ads.

 

Management team

 

The management team for this business enterprise consists of seasoned professionals in all aspects of business development.  With a combined 40 years of business expertise, management has leveraged political, business development strategies, scale, and marketing to ensure the success of this venture.  

 

Advisors

 

Exit 6 recognizes that having the proper business advisors is a key to running a successful business. The advisors of Exit 6 have proven experience in the CBD industry.

 

Updates


Q&A


You must be logged in to be able to post a question.

Lucas Selvidge
Lucas Selvidge - Investor7 months ago
What kind of upside potential will investors gain exposure following the note's conversion to equity. Would the note convert into common LLC units, or preferred units with limited upside potential?
Lance McCormack
Lance McCormack - Investor   
I too would like to know the answers to the questions submitted above. Looks like a much needed solution to limited marketing /delivery alternatives in this marketplace . So has anyone invested as of now???

7 months ago
Tion Allen-Thomas
Tion Allen-Thomas - Investor   
Why isn't this still being up to invest. 1 day left. I want to see some products before I invest.

4 months ago

Documents

Start-up Valuation Download
Offering Statement Download

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.
Use of Proceeds
The allocation of the use of proceeds among the categories of anticipated expenditures represents management’s best estimates based on the current status of the Company’s proposed operations, plans, investment objectives, capital requirements, and financial conditions. Future events, including changes in economic or competitive conditions of our business plan or the completion of less than the total Offering, may cause the Company to modify the above-described allocation of proceeds. The Company’s use of proceeds may vary significantly in the event any of the Company’s assumptions prove inaccurate. We will retain broad discretion in the allocation of the net proceeds from this Offering, reserve the right to change the allocation of net proceeds from the Offering as unanticipated events or opportunities arise and could utilize the proceeds in ways that do not necessarily improve our results of operations or enhance the value of our Common Stock. Additionally, the Company may from time to time need to raise more capital to address future needs that we may not have anticipated as of the date of this Offering Circular.
Special Note Regarding Forward-Looking Statements
This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.
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