Marz Spray Shark Tank Update 2021 | Marz Spray-Net Worth | What Happened to MarZ Spray After Shark Tank?
Table of Contents
Marz Spray Shark Tank Update
Marz Sprays are scientifically formulated to maximize absorption, are plant-based, and contain no added sugar, making them the smarter, healthier choice for the human body.
Brandon and Keith Marz, the owners of the product, (father and son & business partners), approached the Shark Tank with an oral spray product for vitamins, sleep, energy, and even weight loss.
Keith and Brandon appeared on Shark Tank in seeking a $200,000.00 investment in their vitamin spray company.
At the start of the negotiations, they were willing to give up 10% of the shares, valuing the company at $2 million.
Brandon begins by claiming that approximately 100 million Americans have difficulty swallowing vitamins and tablets.
Lori decided to give the requested $200,000 in acquisition for a 30% stake in the company, but only if the Nature Made purchase went through.
Kevin was pleased by Lori’s enthusiasm and proposed that they become joint investors in the company, proposing a $250k investment in exchange for a 40% stake.
Lori thought about it briefly but decided against it, adding, “I’d rather do it alone.”
Kevin then made a non-Lori offer of $200K for a 25% ownership in the company.
While Keith and Brandon considered their options, Robert summarized both proposals on the table, but Lori swiftly improved her offer to match Kevin’s perfectly, a $200K investment for 25% of the company. That is a $ 0.8million company valuation.
Brandon tried one last time to increase Lori’s offer, offering that she takes only a 20% stake in exchange for $200K, but she was uninterested and made it absolutely clear.
Brandon called off any further negotiations and said he would accept Lori’s offer.
Today, Marz has increased its global reach by selling directly to consumers online, through merchants and distributors, and through television ads.
They’re still working into private label options in the US and abroad.
About “MARZ SPRAYS”
Marz Sprays develops and markets a line of Oral Sprays to address the main consumer concerns of immunity, energy, children’s health, sleep help, and weight management.
Marz Sprays are more convenient, inexpensive, and simple to use than competing pills, “shots,” or powders.
Oral sprays absorb rapidly, have no binders, fillers, or glue, and are easy to pack and transport, unlike pills, which almost 100 million Americans say they have difficulties swallowing.
Marz Sprays are Sugar-Free and Gluten-Free, with a one-month shelf life, making the range both inexpensive and effective.
Key features of Marz Sprays Product and Company
For the health-conscious American market, Marz Sprays has a long history of giving the best and most scientific ways to weight loss and nutrition.
For over 20 years, Marz Sprays has owned and maintained a chain of weight loss and nutrition clinics that have kept Hollywood lean.
During this period, Marz Sprays discovered that over 100 million people in the United States alone have trouble or are unable to take medicines.
They challenged its scientists to come up with a better way to take vitamin supplements that didn’t require swallowing unpleasant pills.
Marz+® Sprays were formed as a result of this, and the market instantly accepted and fell in love with them, with over 500,000 units sold to date.
Marz originally debuted on Shark Tank in 2012 with a bang and has since evolved into something out of this world, ticking all the boxes: natural, fast-acting, plant-based, sugar and calorie-free, gluten-free, and ethical.
The key features include;
- The pioneers in the field of natural vitamin sprays.
- Helps avoid taking nasties-filled medicines (glue, fillers, and binders).
- Harness the power of plants: switch to Vegan and Cruelty-Free Sprays
- Manufactured in the United States by weight-loss experts and doctors with more than 20 years of experience.
- Environmentally friendly and sustainable, including packaging.
- A family-owned firm with a female founder.
What happed to Marz Sprays after Shark Tank?
Keith and Brandon Marz have had a hard path since the show first aired.
Because of the increased exposure, their products gained as a result of the exhibition, they were able to strike deals with tens of thousands of merchants both in the United States and worldwide.
The amount of money sold increased to almost $1 million.
Today, Marz Sprays is still in operation, and the vitamin sprays may be purchased online.
It has been a few years since they came on the show, so it’s possible that some of these deals are still in the works and haven’t been made public.
Brandon and Keith have been featured in hundreds of blogs and articles, which has helped them become industry leaders in a competitive and well-funded market.
The company has been successful since their appearance on Shark Tank and they’ve expanded into new markets like Canada and Europe which is great news for everyone involved!
Marz Sprays FAQs
Who owns Marz Sprays?
Marz Sprays is a brand of vitamin oral sprays created by Keith and Brandon Marz, a father and son partnership.
Marz Spray was one of the many products featured on Shark Tank.
In 2012, they pitched their business on Shark Tank and struck a deal with Lori Greiner: a $200,000 investment in exchange for 25% equity.
What are some challenges faced by Marz Sprays?
Marz Sprays shipped $100,000 worth of merchandise to Walgreens in 2014, but the retailer refused to pay. They were forced to file a lawsuit, which they won.
They eventually made it to Wal-Mart’s shelves. In addition, the company revamped its packaging.
