Company Profile (AI Text) Name: BioSmart Research, Inc. Canonical URL: https://wefunder.com/biosmart.research.inc Updated at: 2026-06-22T05:03:15Z Tagline: BioSmart Research: Invest in the future of cannabinoid therapy. Elevator pitch: BioSmart Research produces CBD isolate formulas for topical and internal use Key claims: - Total raised on Wefunder: 53200 | citation: https://wefunder.com/biosmart.research.inc#claim-total-raised - Total investors: 21 | citation: https://wefunder.com/biosmart.research.inc#claim-total-investors Verified facts: - Total raised on Wefunder: 53200 | observed_at: 2026-06-22T05:03:15Z | expires_at: 2026-06-23T05:03:15Z - Total investors: 21 | observed_at: 2026-06-22T05:03:15Z | expires_at: 2026-06-23T05:03:15Z Computed metrics: - total_amount_raised: 53200 - total_investors: 21 - team_size: 1 - featured_investor_count: 1 - faq_count: 2 - recent_post_count: 0 Quick facts: - Launch in 2019 produced $1.7M in sales | citation: https://wefunder.com/biosmart.research.inc#claim-fact-1 - Biosmart produces pain management and anti-anxiety formulas for clinical and retail distribution | citation: https://wefunder.com/biosmart.research.inc#claim-fact-2 - BioSmart has a 3-year technology lead using high-pressure liquid chromatography for isolate extraction | citation: https://wefunder.com/biosmart.research.inc#claim-fact-3 - BioSmart markets through it's own retail dispensaries, healthcare providers, pharmacies, affiliates, and internet sales | citation: https://wefunder.com/biosmart.research.inc#claim-fact-4 - U.S. Market for non-steroidal OTC pain relievers is $21.9 B/yr. US CBD market is $4.7 B/yr. | citation: https://wefunder.com/biosmart.research.inc#claim-fact-5 - Clinical dosing levels with CBD isolates produce similar results to OTC pain relievers without the side effects. | citation: https://wefunder.com/biosmart.research.inc#claim-fact-6 - BioSmart collaborates with university and clinical researchers and is a member of Choose Wisely, a patient forum | citation: https://wefunder.com/biosmart.research.inc#claim-fact-7 - BioSmart Research represents a responsible approach to improving quality of life and advancing cannabinoid research | citation: https://wefunder.com/biosmart.research.inc#claim-fact-8 FAQ: - Q: What you’re doing is interesting, but I have a few questions: 1) If I understand everything correctly, it looks like the bulk of the nearly $1.9M in revenues earned in 2019 came from equipment sales by Washington State Enterprises, Inc. (WSE). Is WSE still a viable entity, and... A: 1. WSE is still a viable entity but we are not currently promoting the equipment sales aggressively. Equipment sales involved engineering and on-site set-up and management which were not possible during the covid lock-down. At that time we had already decided to change direction and promote the formulas which were a result of our research. Covid forced us into lock-down giving us time to set up our own labs and manufacturing facilities to produce our formulas. WSE still has approximately $50,... - Q: What are revenues year-to-date, and did you achieve your goal of being cash-flow positive by the end of summer? A: Summers not over yet. We got off to a slow start and had to re-hire and train. I expect that we should be cash-flow positive by November.