Does moxey work for Hemp/CBD companies?

Hi Daniel, thanks for reaching out! Moxey works for any legally operating business. It works best for businesses that are buying and selling in their local communities.

what do i get by making a investment

Hi Mike! First, I want to thank you for being a member of the Moxey Community in New Orleans! It is because of businesses like yours, we are working to help more local business owners across the country! We are selling equity shares (stock) in our company. Right now, we are asking for your commitment to partner with Moxey and help us grow. For being an early investor, we are offering a 10% discount in stock when you invest now. This is being offered until we reach 350K. In addition, we are of...

Thanks for the videos about what Moxey is and how it works. (Just FYI: they aren't showing up on Wefunder - I had to visit your site to view them.) I now have a better understanding of your business model, but I still have some questions: (1) The pitch says that you've had $17...

Kevin - these are outstanding questions. Details are below and thanks for the note about the videos. I believe we have the technical issue concerning the videos resolved. But we do have many, many more videos than could fit on the page. :) (1) The pitch says that you've had $175M in sales across the Moxey network and that you earn a 10% commission on all revenue created by Moxey. Does that mean that the company has earned $17.5M? If not, what about the math am I not understanding? Correct - t...

Can you tell us more about the Emerald and Gold shareholder cards? What are they and what's the difference?

Hi Lindsay! Great seeing you here! The colors represent an elevated level of investment. Cards may be activated into functional cards within the Moxey system. To be activated, the holder must have a viable account in a Moxey community. For those that receive a card for their investment and live in an area where there is not currently a Moxey community, hang on! We plan to be there soon! In the meantime, it can serve as a keepsake of your investment.

Two questions - 1 - are you all planning on remaining an LLC for tax purposes? I like the pass-through model! 2 - Do you anticipate becoming profitable in the near future?

Hi Lucas, thanks for your questions, hope this clears things up a bit. 1 - Are you planning on remaining an LLC for tax purposes? We are currently an LLC with pass through tax selection. One of the great things about WeFunder and the XX Team is that it makes it easy and convenient for LLCs to participate in crowdfunding. Likely, we will convert to a C corp at some point in the future but no timeline has been established. 2 - Do you anticipate becoming profitable within the near future? We can...

Moxey Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Used by 3,000+ local businesses in 16 cities

Enables business owners to get new customers & better access to capital

Robust network with over $193 million in sales of local goods & services

A community currency that is as easy to use as a credit card or bank account

Reliable recurring revenue model with a robust growth plan behind it

Founder has previously built successful FinTech, EdTech, and Digital Marketing companies

FinTech is one of the fastest growing sectors - 2021 adoption rate of 88% up from 16% in 2015

129 of our customers have invested $362,000 into Moxey

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