• all purchasers in the offering are accredited investors,
• the issuer takes reasonable steps to verify their accredited investor status, and
• certain other conditions in Regulation D are satisfied.
This Offering is limited to accredited investors only
An "accredited investor" is:
• a bank, insurance company, registered investment company, business development company, or small business investment company;
• an employee benefit plan (within the meaning of the Employee Retirement Income Security Act) if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
• a tax exempt charitable organization, corporation or partnership with assets in excess of $5 million;
• a director, executive officer, or general partner of the company selling the securities;
• an enterprise in which all the equity owners are accredited investors;
• an individual with a net worth of at least $1 million, not including the value of his or her primary residence;
• an individual with income exceeding $200,000 in each of the two most recent calendar years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or
• a trust with assets of at least $5 million, not formed only to acquire the securities offered, and whose purchases are directed by a person who meets the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.
Plastics are a ubiquitous workhorse material of the modern economy, in large part due to a combination of unrivalled functional properties and low cost. However, plastics have significant environmental and economic drawbacks. More than 40 years after the launch of the first universal recycling symbol, only 14% of plastic packaging is collected for recycling globally. Each year, USD 80-120 billion plastic packaging material value is lost to the economy.
Increasingly, concerns are raised about the potential negative impact of plastics on society and the economy. Businesses and governments are starting to recognize the need to fundamentally rethink the global plastics system.
Sustainable Materials Co. was formed to deliver a new vision for thinking about plastics, aligned with the principles of the circular economy. Through the use of renewable and biodegradable materials, we intend to harness the benefits of plastics while addressing its drawbacks, contributing to the delivery of better system-wide economic and environmental outcomes.
Our flagship product, the CannatainerTM, is an environmentally safe bio-resin bottle that can replace conventional plastics. Importantly, it is both performance-competitive and cost-competitive with conventional plastic alternatives in the market today.
In addition to the ECO benefits of our Cannatainer, is the fact that THC does not bind to our plant based material like it does to polypropylene. So, the THC level you purchase keeps its potency with our High Potency products.
The CannatainerTM is based on FDA approved, USDA certified, licensed technology which leverages polylactic acid (PLA), derived from plants, which makes it non-toxic and environmentally friendly since it is made from a renewable resource. PLA products take up to 6 months to degrade in a commercial composting facility .
However, the end life of our containers would be more suited for recycling.
- PLA uses 32% less greenhouse emissions than plastic;
- Production of PLA uses 42% less energy than polypropylene; and
- The low thermal properties of PLA result in less energy production required to make a container than polypropylene.
Our CannatainersTM offer the manufacturers, distributors and dispensaries selling cannabis products with a differentiator in offering a green bio-resin product by licensing our patented products.