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Buzzn isn't accepting new investments

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Buzzn

Reconceptualizing health & wellness for pets and their humans
Women Founders B2C Cannabis Products Wellness
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Buzzn has withdrawn its campaign
All investments have
been refunded.

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Pitch Discussion 20 Updates 3 Reviews 21
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Founders
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Urban Wag, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Buzzn Crowd SAFE Buzzn Form C-A 10.16.2020.pdf
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Hear from some of the 0 investors in Buzzn


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Highlights


Bootstrapped
High traction without any outside capital
  • Sold in over 60 retail locations across 4 states within 10 months
  • Over 20% repeat customers
  • $4B+ market for CBD products
  • Market leader in CBD dog treats
  • 11K+ devoted followers since launch (Feb '19) and growing rapidly
  • Woman and minority-owned business
  • Featured in PopSugar, LA Times, Yahoo! Finance, Cheddar TV, and more

Problem


Anxiety and stress is not just a human problem

You and your furry best friend share more than love. Humans and pets have a very similar endocannabinoid system. Humans aren't the only creatures with anxiety. Severely traumatized rescue dogs need more than hands-on training to help to stabilize their moods. There are few, if any low-risk and effective ways to help animals manage their stress and maintain mental health.

The fast growing CBD trend is exposing itself to serious health concerns due to potential drug interactions and susceptibility to toxins. There is a lack of CBD education for human products and this lack is even more apparent for pet products.

Solution


Buzzn: CBD products to help you and your pets

Buzzn was created with one goal in mind: to help pets and their people live happy and healthy lives. 

All of our high quality products come with complete ingredient and testing transparency. Our customers have daily access to our team of medical professionals regarding drug-drug interactions. 

Buzzn is founded by subject matter experts in both human and pets products, driving two high growth product categories. Leveraging our founders’ and advisors’ unique backgrounds to develop products that takes care of you and your entire family. From pets to humans.

Product


Pharmacist created, Brooklyn born, Colorado grown

Our team of Pharmacists and healthcare professionals created pet and human CBD products that use organic farming practices to cultivate naturally-developed generic strains of industrial hemp for safe and regulated hemp oil products. 

All products use toxin-free, broad-spectrum CBD hemp extract that is third-party lab tested for purity. In 2020, we will be developing a full-spectrum line of products. 

All packaging is made from 50% post-consumer waste material and 100% recyclable paper.

For each pet product purchased, we donate a portion to support Korean K9 Rescue in their mission to ban the dog meat trade in Korea.

Top Selling Product - Online: 

  • Puppy Potion 

Top Selling Products - Retail:

  • Super Powered Healing Balm
  • Puppy Potion

Traction


60+ retail locations across 4 states in 1 year

We’ve seen incredible growth in just one year. Our products are now available in 4 states and over 60 retail locations. Aside from seeing retail and e-commerce growth, we have built a charitable partnership with Korean K9 Rescue to include our products with every adoption package. 

We’ve been featured in a variety of publications and have quickly grown a reputation for ourselves as efficient, pure and healthy for humans and pets alike. 

Pop-ups, events, and cross-promotional partners 

In the press

Customers


Loved by pets and their humans

Buzzn was founded with the intention of reducing stress in pets. From the results that owners were seeing in their pets, we started getting many requests to create products to help the humans. So, we formulated a line specifically for humans. We take feedback seriously. We listen to our customers and strive to create products they want. All of our products have had a demonstrated impact on our customers - humans and pets alike. 

Business model


Competitively priced, high quality products

Competitively priced, our products retail online from $29.95 to $99.95. We also offer wholesale prices.

Retail

Since our inception in Feb 2019, we have built strategic retail partnerships. Our retailer profit margin is an average of 65% across all products. We strongly support our retail partners through in-person and social media collaborations & giveaways. 

Online (Direct-to-consumer) 

Online presence is a must and we wanted a channel in which we can be accessible to everyone. First, with E-Wallet, and currently, with Square’s CBD Beta program, our pet and human products are available online at getbuzzn.com. Our D2C profit margin is an average of 84% across all products. 

Market


Targeting multiple markets valued from $3B to $137B

Customers

There is a consumer age group overlap between millennial pet owners and adults that reported the highest level of CBD use.

CBD (Cannabidiol)

CBD products are rising in popularity thanks to greater awareness of its healing properties and pain relief management. In 2018, the global CBD market was valued at $4.6 Billion. This is expected to grow at a rate of 22.2%. According to industry reports, the health benefits of CBD infused products is expected to grow the market for years to come.

Pet Care

75% of millennials own a pet, and see their pets as the first "child". According to reports, "millennials are bringing pets into their household earlier than the previous generations. They delayed marriage, but those pets fill that void." In 2019, $95.7B was spent on pets in the U.S. with $36.9B spent on pet food and treats. 

Topical (Skin care)

The CBD skin care market exhibits an incremental revenue opportunity of $2.7B from 2019 to 2026. CBD infused skin care products are gaining popularity among consumers due to its potential to relief common skin issue through its anti-inflammatory, anti-oxidant properties. It has also been touted to potentially help various inflammatory skin conditions such as eczema, psoriasis, and acne. Our Super Powered Healing Balm has been wildly successful as our only topical at the moment. For 2020, we are working to capture the skin care consumer by launching two new CBD skin care products.

Competition


Formulated with deep understanding of ingredient profiles

CBD (Cannabidiol) is not just a trend, CBD is an active ingredient. It has actual therapeutic effects on our bodies and brain receptors. It can also cause drug interactions with other compounds. Buzzn is unlike its competitors in that our products are all formulated and approved by a team of pharmacists and industry experts who have a deep understanding of the effects of CBD. 

Unlike many of our competitors, Buzzn works alongside our community. Giving back to causes close to our hearts have always been the  foundation of our brand. 

Vision and strategy


Empowering a happier & healthier generation of people and pets

Being a year old, we have spent the last year listening to our customers and understanding what the market wants. We highly value the insights gained from last year to help build our brand.

By reaching our investment goal, Buzzn will continue to expand our online and offline presence in our sophomore year. With a more dynamic PR strategy, our goal is to expand into west coast retailers and introduce a new category of products—skin care. 

Use of Funds:

Sales + Marketing: 

  • Engage a more robust PR program to help drive new pet product launches and our skin care launch
  • Implement a stronger influencer program
  • Host / co-host more pop-ups and events with influential brands and influencers
  • Grow our family and bring a new sales associate onto the team to help maintain our retailer relationships

Community Involvement:

  • Continue to conduct and manage non-profit outreach in order to create more Giveback Programs for a variety of charitable causes

Product Development & Operations: 

  • R&D / product development for skin care and pet products
  • Update current packaging and create new packaging for upcoming products
  • Solidify our new hemp farm and manufacturing relationships to produce products in higher quantities

Tech: 

  • Update our current website to a more user friendly platform
  • Implement more analytics, social media and business tools to provide more data in order to drive growth

Founders


Dr. Minchul An | Co-Founder & CEO

Lisa Zhan-Monigan | Co-Founder & COO

Advisory Team

Deal terms


Valuation cap

$4,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Buzzn occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Buzzn is accepting.
Learn more

Funding goal

$1.07M

Buzzn must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Buzzn needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Urban Wag, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Buzzn Crowd SAFE Buzzn Form C-A 10.16.2020.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Buzzn.
Invest
$250
Receive
  • $100 spending credit online
Invest
$500
Receive
  • $100 spending credit online
  • Receive a Super Powered Healing Balm
Invest
$1,000
Receive
  • $150 spending credit online
  • Receive a full set of Wellness products
Invest
$3,000
Receive
  • $150 spending credit online
  • Receive a full set of Wellness products
  • Receive a full set of Pet products
Invest
$5,000
Receive
  • 15% off Buzzn products forever
  • Receive a full set of Wellness products
  • Receive a full set of Pet products
Invest
$10,000
Receive
  • 20% off Buzzn products forever
  • Early access to our new skincare products
  • Receive a full set of Wellness products
  • Receive a full set of Pet products
  • Friend gifts - send 1 product of your choice to 3 friends
Invest
$25,000
Receive
  • 25% off Buzzn products forever
  • Early access to our new skincare products
  • Receive a full set of Wellness products
  • Receive a full set of Pet products
  • Friend gifts - send 1 product of your choice to 3 friends
  • Charity gifts - send 1 product of your choice to 3 charities

Why others invested

See all reviews (0) See all (0)

I am a pet owner and am glad to be able to relieve my pets of stress.

Profile picture of Robert Wynn
Robert Wynn
Active investor
almost 5 years ago

I know how important our pets health is and I believe this product is essential

Profile picture of Lois Hansberry
Lois Hansberry
Active investor
almost 5 years ago

I wish we had buzzn when my Maltese Diesel was still alive. Now I can give this to my chocolate havanese Roxy and excited to use the healing balm for myself . Buzzn has the right mission to provide high quality and consultation.

Profile picture of Jenny Eung
Jenny Eung
about 5 years ago

About Buzzn

Legal Name
Urban Wag, LLC
Founded
May 2016
Form
New York LLC
Employees
2
Website
getbuzzn.com
Social Media
Headquarters
Google Map location of of Buzzn
2 North 6th Street , Brooklyn, NY
Headquarters
2 North 6th Street, Brooklyn, NY, United States 11249

Buzzn Team
Everyone helping build Buzzn, not limited to employees

Profile picture of Minchul An
Minchul An
Co-Founder & CEO
Profile picture of Lisa  Zhan-Monigan
Lisa Zhan-Monigan
Co-Founder & COO
Minchul An
Co-Founder & CEO
Lisa Zhan-Monigan
Co-Founder & COO

Press

Min An: 'CBD works with your body, not against it' - C-Su...
C-Suite TV C-Suite TV

CBD Oil has become the newest fad in the health market today, and Min An sits down with GenBiz's David Grasso and the C-S...

Current (Wellness) Obsession: buzzn
Bellamag Bellamag

CBD products are everywhere but did you know your pet can be treated to the calming effects, too? buzzn is a line of orga...

CT LIVE!: Enjoy a Summer Staycation with your Pets
NBC Connecticut NBC Connecticut

The Pet Lady Dana Humphrey shared ways to help your pets relax.

FAQ

What makes our CBD hemp different?

What makes our CBD hemp different?

Buzzn products are created with natural proprietary strains of phytocannabinoid-rich hemp from Colorado. With a supercritical CO2 extraction process, we get an extract rich in terpenes, cannabidiol (CBD) and other phytocannabinoids. This extract is further subjected to winterization in ethanol and solvent removal through vacuum distillation. After the chlorophyll, waxes, and THC are removed, the resulting product is a PCR hemp oil with 70-90% CBD, minor cannabinoids, and terpenes.


Our CBD hemp is derived from 100% organic industrial hemp plants in Colorado. All of our farmers grow in full compliance with the Colorado Department of Agriculture’s Industrial Hemp Program. Buzzn products are safe, regulated, and unsurpassed in their potency and consistency. Our products are Pharmaceutical-Grade, manufactured in a GMP-certified facility by the FDA.

Still have questions? Check the discussion section.

Discussion

Ask questions and share feedback with the Buzzn team below. If you have support related questions for Republic, please contact investors@republic.co.
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