The People's Plant crowdfunding raise on Birchal (closed)

Closed — raised A$1,430,101 from 893 investors (953% of target)

Cannabis by the People, for the People.

  • Raised on Birchal
  • Personal Care & Healthcare · Australia

Funding history

92 readings

The People's Plant: amount raised over time The amount raised rose from A$961,441 on 11 October 2026 to A$1,430,101 on 15 October 2026, over 92 readings. Target A$150,000. Maximum A$2,000,000.
The People's Plant: amount raised per day, 14 days to 15 Oct 13 Oct A$58,225; 14 Oct A$125,830; 24 hours to 15 Oct A$258,262. 13 Oct: A$58,22514 Oct: A$125,83024 hours to 15 Oct: A$258,262
Raised A$468,660 while Raise Sonar tracked it, from 11 Oct to 15 Oct.

About The People's Plant

Summarised by Raise Sonar from The People's Plant’s Birchal pitch

The People's Plant is building an Australian-grown medicinal cannabis business, aiming to supply licensed customers with low-cost, high-quality dried flower and solventless concentrates. It describes its cultivation method, Opti-Grow™, as using natural sunlight, protected cropping and purpose-built infrastructure. The company is based on the Sunshine Coast, Queensland, and says it is pre-revenue with commercial operations subject to regulatory approvals. This raise is for the remaining fit-out, security and regulatory work needed to prepare for commercial operations.

Read the full pitch on Birchal (opens in a new tab)

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The raise in figures

Raised

A$1,430,101

of A$2,000,000 maximum

71%

of maximum

A$0Target A$150,000 metA$2,000,000

Investors
893
Minimum investment
A$250
Pre-money valuation
A$31.9M

At target: A$32.1M post-money · 0.47% equity offered

Last updated

↳ Birchal · last checked 19 d ago

About this raise

The equity crowdfunding raise The People's Plant ran on Birchal has closed. Based in Australia, The People's Plant sits in Birchal’s Personal Care & Healthcare category. It is offered under Australia’s crowd-sourced funding (CSF) regime.

The round values The People's Plant at A$31.9M pre-money. The People's Plant set a target of A$150,000 and a maximum of A$2M. The round closed with A$1.43M from 893 investors, 71% of its maximum. The minimum investment was A$250.

The raise was open from until . Investors from outside Australia could invest too, subject to Birchal’s checks.

Under the CSF regime, retail investors invest through a licensed CSF intermediary and have a cooling-off period after each investment. These figures are Birchal’s own, as Raise Sonar last read them on .

Closed

Closed on Thu 15 Oct

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Questions about The People's Plant’s raise

When did The People's Plant’s crowdfunding raise close?

The People's Plant’s raise on Birchal closed on 15 October 2026.

What was the minimum investment in The People's Plant?

The minimum investment in The People's Plant’s raise on Birchal was A$250.

What regulation was The People's Plant’s raise under?

The People's Plant’s raise was under Australia’s crowd-sourced funding (CSF) regime. Crowd-sourced funding lets eligible Australian companies raise from the general public through an intermediary licensed by ASIC.

How much did The People's Plant raise?

The People's Plant raised A$1.43M from 893 investors on Birchal, 71% of its A$2M maximum.

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