Jada Spices Shark Tank Updates | Jada Spices after the Shark Tank Pitch
What is Jada Spices?
Jada Spices Chicken Salt is a product and nutrition firm that creates healthy, vegan substitutes for several standard cooking ingredients.
All of the company’s goods are not only nutritious and vegan, but they are also GMO-free and Kosher certified.
The current product range comprises five kinds of their famous Chicken Salt, Turmeric Salt, Plant-Based Porkless Mix, Plant-Based Chick’n Mix, and Plant-Based Mediterranean Chick’n Mix.
Khasha Touloei established Jada Spices Chicken Salt. Prior to founding the firm, Khasha was concentrating on his schooling in order to become a medical doctor.
He graduated from the College of Osteopathic Medicine of the Pacific in Pomona, California, in 2012, and has since become a board certified dermatologist.
The inspiration for Jada Spices Chicken Salt came from the difficulties of a medical student.
During his D.O. studies, Khasha noted that patients with high blood pressure and type 2 diabetes were frequently noncompliant with prescribed dietary adjustments.
He believed that people’s resistance to change was largely due to taste and flavour more than anything else, and he questioned whether healthier foods could be made more enticing, people, particularly the medically fragile, might be more eager to consume them.
This resulted in the creation of Jada Spices Chicken Salt and, subsequently, plant-based vegan mixes. Khasha’s goal was to make healthy cooking easier, more delicious, and ultimately more accessible.
Who Founded Jada Spices?
Jada Spices was founded by Khasha Touloei and Maynard Okereke.
What happen to Jada Spices at the Shark Tank Pitch?
Kasha is a dermatologist, and Maynard is an engineer and the creator of Hip Hop Science, a company that teaches STEM to children.
Maynard is also a full-time employee at FLOW Media Group, a social media digital agency.
All of this while attending culinary exhibits all around the United States to promote their products during the last two years.
Khasha and Maynard come in with a $250,000 offer for a 20% stake in the company. This shows that the company’s valuation is $1.25 million.
They convey their tale, distribute samples, and begin answering questions.
The Sharks enjoy the flavour of the various spices when they test them on various dishes.
The newest product, Plant-Based Chick’n Mix, has wowed them.
From a simple mix, you can produce vegan, chicken-flavoured patties and nuggets at home.
Each chicken salt flavour costs about $0.80 to make and retails for $8.99 on Amazon and $4.99 in shops.
Despite huge margins and a strong pitch, most sharks were hesitant to enter the food and spices market.
While they enjoy the flavour, some Sharks remain suspicious.
Mark was afraid to enter the food and spices market.
Kevin expresses concern that they are not sufficiently focused and do not have a clear route forward.
Lori also believes that they aren’t quite there yet to be an investible firm.
Barbara Corcoran, on the other side, has expertise developing and building businesses, similar to Jada Spices.
She agrees to contribute $250,000 in return for being a 33 percent ownership partner.
Jada Spices after the Shark Tank Pitch.
The contract with Barbara looks to have fallen through as of July 2021.
As a result of the addition of numerous more items to its menu, the company’s name was changed to Jada Brands.
They added Mediterranean Chicken and a synthetic pork product to the vegan chicken.
The company’s annual revenue is $4 million.
Jada Spices Net Worth
Jada Spices Net Worth is estimated to be $1.2 Million in 2021.
Jada Spices Competitors
There are no competitors identified for Jada Spices.
Jada Spices FAQS
How much does Jada Spices Cost?
Jada Spices sells for $4.99 on Amazon and $8.99 in shops.
Is it true that Jada Spices landed a contract on Shark Tank?
Dr. Khasha Touloei and Maynard Okereke entered Shark Tank Season 12 Episode 4 seeking $250,000 for 20% of their vegan chicken salt and Seasonings Company, and accepted an offer of $250,000 for 33% from Barbara Corcoran.
How did Jada Spices perform on Shark Tank?
The sharks were immediately won over by Jada Spices, appreciating the flavour of the salts and the flavours of the plant-based chicken.
The impressions were heightened when Khasha and Maynard revealed that they had sold $319,000 in chicken salt in 2019 and were on target to sell approximately $500,000 in 2020.
Jada Spices is owned by whom?
Khasha Touloei owns the company.
How are Jada Spices products sold?
They are sold online via their website, as well as in GNC, Vitamin Shoppe, Fresh Thyme Farmers Market, and other retailers.
What is the revenue of Jada Spices?
Jada Spices has an annual revenue of $4 million.
Is Jada Spices an investment opportunity?
Yes, it is an investment opportunity. They can invest in the company.
Is Jada Spices a Scam?
Jada Spices is a legit company.
Has Jada Spices been on Shark Tank?
Yes, it has been. It appeared on Season 12 Episode 4 on 6, November 2020. It went into a deal with Barbara Corcoran.
How can they contact Jada Spices?
They can contact them through their official website at www.jadaspices.com or by emailing them at [email protected]
How long do Jada goods have a shelf life?
Their seasonings may be properly kept for a period of four years (expiration date can be found printed on all bottles).
To avoid caking with the lid closed, we recommend storage in a cold, dry place.
Each bag of their Chick’n Mix will also have an expiration date printed on it (usually one year).
What should they do with their Chick’n Mix and Chicken Salts?
To avoid caking with the lid closed, they recommend storage in a cold, dry place.
Are Jada Chicken Salts gluten-free?
Yes! Gluten-Free Chicken Salt is available. They’re also MSG-free, soy-free, and completely vegan.
Where can they discover recipes that make use of their products?
Their Vegan Chicken Salt and Plant-Based Chick’n Mix spices are great for bowls, spaghetti, soups, tacos, and more.
Their spices are equally delicious with non-vegan foods like fish, red meat, chicken, eggs, and others. On their website, they may find recipes and meal ideas.
Where exactly are Located?
Their headquarters are in beautiful Los Angeles, California, right here in the United States.
They are now an internet business, with merchandise supplied from Miami, Florida.
Is there soy in the Plant-Based Chick’n?
Their Plant-Based Chick’n mix has no soy whatsoever.
What exactly is turmeric?
Turmeric is a spice obtained from the turmeric plant’s roof.
It is recognized to have anti-inflammatory properties, among many others.
Turmeric is present in all of their seasoning combinations.
Their Turmeric Salt has more turmeric than their Chicken Salt tastes.
What is the net worth of Khasha Touloei?
Currently there is no update about his worth.
What is the net worth of Maynard Okereke?
Currently there is no update about his worth.
Does the Plant-Based Chick’n need to be refrigerated?
Their Plant-Based Chick’n requires no refrigeration. Feel free to keep it wherever they like. Once prepared, they recommend storing it in the refrigerator like any other meal.
Why is it named Chicken Salt?
Chicken Salt began in Australia and rapidly became a cultural phenomenon.
The original Australian mix incorporates dried chicken fat and chicken stock to give it the distinctive chicken flavour, thus the term “chicken salt.”
Their Vegan Chicken Salt has the same excellent flavour that consumers enjoy without any animal byproducts, MSG, or chemicals.
They also incorporated turmeric to give additional health advantages.
