CM Affiliate Network, Inc.
  • Angel Investor Pitch
  • Raising $2.0M to Build the National Cannabis Affiliate Network
By Samuel A. Cohen
The Market Opportunity
U.S. cannabis retail is highly fragmented.
Thousands of independent stores lack scale, loyalty portability, and liquidity.
CMAN consolidates value without acquiring stores—yet.
The Problem
No national loyalty portability
No collective marketing power
No path to liquidity for store owners
High customer churn
Our Solution
A national affiliate network delivering:
Shared loyalty program
In-store media & advertising
Advocacy & events
Equity upside
How It Works
Stores join CMAN
Customers receive CMAN cards
10% discounts & promotions across all affiliate stores
Why Stores Join
Increased customer retention
National exposure
Annual equity grants
Future public-market liquidity
Revenue Model
Recurring monthly fees:
Greater of 2.5% of sales or $2,500 per store
Plus:
  • Digital screen advertising
  • Event sponsorships
Early Economics
12 stores
Break-even at ~12 stores
$1.1M EBITDA
50 stores ≈ $1.1M EBITDA
$2.8M+ EBITDA
100 stores ≈ $2.8M+ EBITDA
Scalability & Moat
Low marginal cost per store
Network effects strengthen brand
Equity incentives replace cash-heavy marketing
Public Market Strategy
At 50 stores:
Reverse merger to OTC
Affiliate shares become tradable
Public equity becomes acquisition currency
Reg A Growth Plan
Post-OTC Regulation A raise to:
1
Acquire cannabis retail stores
2
Roll up revenues
3
Increase enterprise valuation
The Raise
Investment Opportunity
$2.0M
Raising $2.0M in angel capital
18
Target: 18-month runway
50+
Milestone: 50+ paying affiliate stores & OTC readiness
Use of Funds ($2.0M)
Employee payroll
$810,000
Operating & compliance
$540,000
Trade shows & conventions
$180,000
Travel
$75,000
Digital screens (50 units)
$60,000
Buffer / contingency
$335,000
Why Angels Win
Early valuation entry
Revenue-backed growth
Defined liquidity roadmap
First-mover advantage
CMAN Builds
Recurring revenue today
Public-market optionality tomorrow