Where can I find the investor deck?
Juva Life's investor deck can be found here and more info about investing in Juva Life can be found here.
Can I purchase stock directly from the Company?
Yes. Juva Life is currently filing a Form 1A with the United States Securities and Exchange Commission. Our financing will open up immediately after our Form 1A clears. You can sign up to participate at www.investjuva.com
What is the Max/Min I can Invest?
In order to participate in this opportunity, you will need to invest a minimum of $2,000. The maximum is based on availability. The Company holds the right to scale back expressions of interest.
What is the offering price?
Our Reg A+ offering is set at $0.50 USD per unit. Each unit consists of one common share and one half share purchase warrant. Each warrant is exercisable into one common share for a period of 18 months from the closing date. The exercise price of the warrants is $0.75.
What is Regulation A+?
Regulation A is an exemption from registration requirements—instituted by the Securities Act—that applies to public offerings of securities that do not exceed $50 million in any one-year period. Companies utilizing the Regulation A exemption must still file offering statements with the Securities and Exchange Commission (SEC). However, the companies utilizing the exemption are given distinct advantages over companies that must fully register. The issuer of a Regulation A offering must give buyers documentation with the issue, similar to the prospectus of a registered offering.
Can non-Canadian residents invest in the stock?
Yes, non-Canadian residents can invest in Juva Life, Inc.
How and when can I access the Subscription Agreement?
Currently we are accepting expressions of interest while we wait for or Reg A+ offering to be cleared by the SEC. We anticipate our Offering will open at any time. The company will provide e-mail notification 48 hours ahead of the books officially opening to all parties who secured a spot..
How can I make a payment to secure my Investment?
We are currently not accepting any funds until the Offering is Live. Once we have your expression of interest and the Offering is open, you will receive a detailed email with subscription agreement and payment information on how to wire funds.
I am a resident of the United States. How can I invest in Juva Life Inc, a cannabis comapy, if its currently federally illegal in the United States?
While cannabis is not yet legal at the federal level, 33 states have enacted medical cannabis programs, and 10 states have legalized adult use cannabis, with many more working in that direction. Juva Life, Inc is a Canadian corporation. While the U.S. federal government has, to date, largely not interfered with state level medical and/or adult use programs, we anticipate that in the not too distant future states will be provided formal protection to pursue such programs. Ultimately, we believe cannabis will be legalized federally. This progression of public policy following public opinion regarding cannabis is expected to lead to more and larger pools of capital becoming attracted to the industry, and key players such as Juva Life, Inc
Are you able to use banks in the United States for your operations?
The Department of the Treasury Financial Crimes Enforcement Network ("FinCEN") guidance provides the framework for banks to be able to accept regulated cannabis companies as clients. We currently operate within these guidelines.
Will your company focus more on THC or CBD?
We don't plan on playing favorites, our goal is to supply the markets with what's most desired. We are less focused on the single molecule THC or CBD as compared to the benefits from the whole plant. We plan to create specific cannabinoid formulations combined with other plant compounds from around the world in hopes to alleviate some of the ailments effecting society.
What is 280E? How does it affect you, and when might it go away?
Section 280E of the U.S. Tax Code, effectively prohibits those selling Schedule 1 substances (including cannabis) from deducting expenses other than direct cost of goods sold for income tax purposes, resulting in them facing punitive effective tax rates. There have been many proposals which would result in state legal cannabis companies no longer being subject to 280E. We are optimistic that 280E, which overhangs the entire industry, will be revised in the not too distant future.
How do you determine what markets you choose to enter?
At Juva Life, we are focused on building a true "vertically integrated" cannabis and wellness company. We have chosen Northern California as the hub of our vertical integration and will eventually branch out to other markets that are important for building a national retail brand. We will focus on jurisdictions with clearly defined regulation, ideally marked by limited licenses, which together allows us to build a solid foundation for our retail business. Juva Life is currently focusing on the largest US market, California, where both medical and adult recreational use is legal. Hereafter, we will focus on other medical states where there is currently a potential pathway to adult recreational use.
What is your international strategy?
At Juva Life, Inc, goal is to be a global cannabis conglomerate. While we review global expansion opportunities, we have focused our growth domestically given the potential $80B cannabis market in the U.S.
How big can the U.S. market be?
We are still in the very early innings of this journey. Retail sales in the U.S. are forecast by Cowen to reach US$80B in 2030. We believe that as seen in many similar industries, a handful of companies will dominate the bulk of this amount – and with our current positioning, team and infrastructure, we will continue to be one of the leaders in this sector going forward.
Who are your main competitors?
Our biggest competitor as an industry is the illicit market. This transition from the illicit market to the regulated market is occurring at different rates in different jurisdictions, but the trend is clear. We believe the overwhelming majority of cannabis consumers prefer consuming product that is legal and tested to be free of pesticides and other toxins. Unlike other high growth industries, there is already a massive market of people are already using cannabis. That said, just as importantly, the size of the pie itself is growing. New consumers are flocking to the industry.
Wher does Juva Life plan on doing customer deliveries to?
We are based in the Bay Area of California and have strategic positioning to cover surrounding areas effectively having access to 1/3 of the Northern California population. In addition we have a 36 month statewide expansion plan for our delivery service..
Where does Juva Life plan on distributing your cannabis?
With our multiple distribution licenses we will sell directly to licensed storefronts and delivey businesses statewide, removing the "middle-man" distributor.
What is your current footprint and what was the rationale behind how it developed?
Our founder and CEO Doug Chloupek, and his entire team has spent the last 10 years building and selling cannabis companies. Taking this combined experience, Juva Life is all about creating a better cannabis company, one focused on delivering products that are consistent, meticulously formulated and clearly labeled for a wide range of uses to meet the needs and preferences of our customers. We had already established a dominant position through three distinct focuses: Juva Labs, Juva Cultivation and Juva Retail.
Below is a comprehensive summary of our foot print in the State of California:
San Juan Property in Stockton
Facility overview: San Juan is being designed to produce high quality flower and pre-rolls for Juva Brands and white label production. This location will deliver direct to consumers in the north San Joaquin Valley as well as operate as Juva's Central Valley distribution hub.
● 6,600 sq. ft total, 15,750 sq. ft of flowering canopy
● Local Stockton CUP Licenses: Cultivation, Manufacturing, Distribution & Delivery
● State License pending certificate of occupancy
● Currently investing $5 million to complete tenant improvements and build out 7 grow rooms
● Timeline: Delivery operational by Sept 2019, first harvest March 2020
Clawiter Drive in Hayward
Facility overview: Clawiter is being designed as Juva's main operational hub. It will provide storefront access to 200,000 customers and delivery access to another 1.54M Californians. Activities include:
● Cultivation of low cost, high quality greenhouse material for extraction
● Flagship retail store
● Delivery hub for the entire East Bay
● Post process extraction of oil from Navy location
● Co2 extraction
● Formulation, isolation and contract product development
● On site patient evaluation and intake
● New drug research and development
● Manufacturing of capsules, edibles, transdermal, topical, inhaler, and suppository products.
● 18,000 sq. ft building + 11,000 sq. ft greenhouse for cultivation; facility includes a $5M class 5 clean room designed by former tenant, a cancer research facility
● Local Hayward CUP License: Microbusiness (allows for cultivation, manufacturing, distribution, retail store and delivery under one permit)
● Current build out of $3M for tenant improvements and an additional investment of $4M for equipment purchases
● Timeline: Operational by Jan-Mar 2020
Enterprise Property in Hayward
Facility overview: Enterprise is the building adjacent to Clawiter and is being designed to house the equipment for manufacturing capsules, edibles, transdermal, inhaler & suppository products.
● 6,250 sq. ft
● Local Hayward CUP License: Microbusiness (allows for cultivation, manufacturing, distribution and delivery under one permit)
● Investment needed for tenant improvements and capital equipment: $3.5M
● Timeline: Operational by Jan-Mar 2020
Convention Way Property in Redwood City
Facility overview: Convention Way is being used for non-storefront retail Cannabis Delivery. Service will be available throughout the Bay Area Peninsula from San Francisco down to San Jose. This location will have access to 1.67M potential customers.
● 1,345 sq. ft
● Local Redwood City CUP License: Delivery permit in process, expected April 2019
● Investing $350,000 to build out delivery location.
● Timeline: Operational by July 2019
Where can I get more information on Juva Life?
We appreciate your interest in Juva Life and encourage you to peruse this portal as your one-stop shop for all the information you may need regarding JUVA. We encourage you to watch the videos of our CEO, Doug Chloupek , and read all FAQs below. Should you have additional questions about the Company, please email us at inquiries@juvalife.com or Call Juva's investor relations line at 1-833-333-5882 (1-833-333-JUVA). Alternatively you can schedule a call at your convenience here
