Hello! My name is Zachary Popp, CEO and Founder of Sativa Building Systems.
We’ve created patented hemp-based, non-toxic wall panels that are mold, rot, pest, and fire resistant. This revolutionary new material has come about as the result of intensive research to find a substitute for traditional wall construction that can be bad for your health and the environment.
As you may have heard, we’re raising capital via an equity crowdfunding campaign on Wefunder!
In today’s blog, I am going to cover everything you need to know about crowdfunding and our current raise.
Regulation Crowdfunding and Title III of the JOBS Act
Regulation Crowdfunding (Reg CF) is a new way for startups to raise capital by selling securities through crowdfunding. In the past, a startup could only offer and sell its securities to accredited investors and then only if it complied with complex federal and state registration requirements.
In the past, venture capitalists and angel investors who had a networth of $1M or an annual income of $200K had a monopoly on investment opportunities in early stage startups. The average shareholder could not get these high-risk, high-reward investments.
Once the JOBS Act was passed, this all changed.
Now, just about anybody can have access to these potential high-growth opportunities and are able to share in the success of these exciting ventures!
The new regulations surrounding Title III of the JOBS Act have gone into effect, enabling companies to raise up to $5 million annually, as opposed to the previous maximum amount of $1.07 million.
The Problem and Solution
The problem with traditional walls is that there are gaps created during construction, which creates a pathway for moisture to enter a building, become trapped, and promote mold growth, decay, and health problems.
In addition, the thermal efficiency of these walls is not very high because of poor insulation and air sealing. Traditional walls constructed prior to 1990 may have significant amounts of asbestos in them as well.
At Sativa Building Systems, we’ve created a solution to these problems by creating a hemp-based stackable block panel that is better suited for construction purposes.
Join Our Investor Community on Wefunder!
Now that you know a little more about our background and what equity crowdfunding is all about, we hope you will consider joining our investor community.
To become a shareholder, and for more information on Sativa Building Systems, simply visit our raise page and invest for a minimum of $100!
Our team is looking forward to a strong campaign filled with many milestones.