Cornbread Hemp
Year founded: 2019
Number of employees: 8
Founders: Eric Zipperle, CEO, and Jim Higdon, chief communications officer
Amount of capital raised: $500,000
Notable investors: Larry Doyle of KatieRich Farms in Midway, Kentucky, Gill Holland of Louisville, and 900 investors on Wefunder
Explain what your company does: Cornbread Hemp improves the quality of our customers’ lives by offering the highest quality CBD products with the most hemp-derived THC allowed by federal law.
What are some major milestones in the company’s history?
- April 2019 – First products shipped
- December 2019 – First company in Kentucky to offer USDA organic CBD products
- April 2020 – Began crowdfunding campaign on Wefunder
- October 2020 – Closed Wefunder campaign at $400,000 raised
- December 2021 – Surpassed $1.9 million in sales, with greater than 300% growth over 2020
What is your company working on right now?
- Hiring staff to scale
- Acquiring new customers
- Raising capital
What’s on the horizon for your company in 2022?
- Closing our current fundraise round
- Attending Natural Products Expo West in March
- Projecting continued revenue growth for 2022
Why grow your company in Kentucky?
Kentucky has everything we need to grow a successful e-commerce business: great talent, affordable real estate, and access to UPS Worldport for fast nationwide shipping. If I were an e-commerce company in another state looking for the best place to relocate, it would be hard to beat the advantages that Louisville provides.
