July 2026 — Investor Update

Team — a strong month. MRR closed at $8.4k, up 19% over June, with churn holding under 2%.

Cosecha 001 — our first public drop, an 800-bag Adjuntas lot — ships Thursday. 214 people are on the waitlist, 61 from referral alone.

Runway stands at 14 months at current burn. We're holding hiring flat until launch conversion lands; Elena's projection has us cash-flow positive in Q2 2027 on the conservative curve.

The full metrics annex (cohorts, funnel, burn detail) is attached. Reply directly — I read everything.