Diligence memo · auto-generated · as of July 2, 2026
Forward Greens Inc.
Forward Greens Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Forward Greens Inc. operates in Agriculture, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Forward Greens Inc. has raised $4.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2020-04-01.
Most recent recorded round closed around 2020-04-01.
Valuation (modeled)modeled
Provath models Forward Greens Inc. at approximately $42M (range $3.4M–$332M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.26× the median modeled value of Seed Agriculture companies in 2019–2021 (89 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.3 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 62% of Agriculture peers (1056 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Med Farm of Michigan LLC, MariCap Rolen Stone 2020, LLC, Farm Cannabis GA, INC, Hobart Biosciences Holdings Inc., ACE Ventures, LLC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.