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Smoke Cartel Announces Filing of Form C for Regulation CF Offering through StartEngine.com

1224 Days ago

SAVANNAH, GA, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Smoke Cartel, Inc. (Ticker: SMKC), a leading online retailer and wholesaler of glass water pipes and related accessories for the cannabis industry, today announced it has filed a Form C with the SEC and started a Regulation CF round of fundraising through the intermediary platform StartEngine.com.

Smoke Cartel is conducting the offering pursuant to Section 4(a)(6) of the Securities Act and is offering stock in the Company at $1.50 per share. The maximum offering is 713,330 shares of common stock valued at $1,069,995.00 and the minimum offering is 6,666 shares valued at $9,999. The minimum investor price per investor is $100.50 and the maximum per investor is $102,000. The offering will be available for 90 days and will end on November 6, 2018 unless the maximum offering is reached before the deadline.

“We are thrilled to be conducting a crowdfunding offering that gives an opportunity for our everyday customer to become a part of our Company,” said Smoke Cartel CEO and Chairman Darby Cox. “We believe that Smoke Cartel is well positioned for the accelerated growth of the cannabis industry that is expected to occur in the next few years.”

See the full details of the Regulation CF offering at StartEngine: https://www.startengine.com/smoke-cartel-inc

About Smoke Cartel, Inc.

Smoke Cartel, Inc. (Ticker: SMKC) is one of the leading online retailers of glass water pipes, vaporizers, bubblers, spoons, oil and dab rigs, smoking accessories, and cannabis accoutrements. The Company provides a wide variety of high quality products, reliable customer service, and dependable shipping. Smoke Cartel offers 24-hour support and online chat services to ensure the customer experience is timely and professional. Smoke Cartel operates a transparent business model which is important in an industry with varying state regulations and significant scrutiny. The Company’s website at www.smokecartel.com offers fast load times and optimizations, making the product search process quick and seamless.

(Certain matters discussed in this press release may contain statements, estimates and projections that involve risks and uncertainties in Smoke Cartel, Inc.’s (the “Company”) business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Smoke Cartel undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.)

Contact at Smoke Cartel:
Annie Alexander
Director of Corporate Communications
Phone: 828-412-0719

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