About Citrus CBD Industries
Citrus CBD Industries is a private company based in Santa Monica, California, incorporated in 2020 in Delaware. It has reported $5,171,541 raised in two offerings on Form D since October 2020. Its chief executive is Chris Hetherington.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jun 8, 2022 | Jun 21, 2022amended Jun 22, 2023 | $3,171,541of $3.6M target | 30 | $105K | Equity, Debt, Securities on exercise, Series A-1, A-2, A-3 Preferred Stock and underlying Common Stock upon conversion; notes and underlying securities upon conversion.Rule 506(b) | Form D/A ↗2 earlier filings |
| Sep 30, 2020 | Oct 14, 2020 | $2,000,000of $4.0M target | 1 | $2.0M | Equity, Series Seed-1 Preferred and conditional follow-ons for Series Seed-2 and Series Seed-3 each convertible into Common Stock.Rule 506(b) | Form D ↗ |
| Total, two offerings | $5,171,541 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Citrus CBD Industries's Form D filed Jun 22, 2023.
BS
Brendan Sheil
Director
DS
Drew Skolnik
Director
CH
Chris Hetherington
CEO, President, Treasurer, Secretary and director
KR
Kelly Reedy
Director
Earlier filings also listed Patrick Bushe (chief marketing officer, last listed Oct 2020), Desiree Medellin (secretary and chief brand officer, last listed Oct 2020) and David Bren (president and treasurer, last listed Oct 2020).