After appearing on Shark Tank, Pricklee Cactus is worth an estimated $3 million. The founders, Mo Hassoun and Kun Yang, pitched their plant-based beverage made from pear cactus plants and secured a deal with Barbara Corcoran. The company saw impressive growth, making $50,000 a month shortly after its launch. Pricklee Cactus is currently available in 447 locations, primarily on the North East Coast but with plans to expand to the West Coast. Their online presence on Amazon and Pricklee.com has also been successful, with a four-star rating from over 385 reviews. The company is eyeing the West Coast as a key driver of future growth and potential acquisition by a larger beverage company.
Key Takeaways:
- After appearing on Shark Tank, Pricklee Cactus is now worth an estimated $3 million
- Founders Mo Hassoun and Kun Yang secured a deal with Barbara Corcoran
- Pricklee Cactus made $50,000 a month shortly after its launch
- Available in 447 locations, with plans to expand to the West Coast
- The company has a successful online presence and positive customer reviews
About Pricklee Cactus Water and the Founders
Pricklee Cactus Water was founded by Mo Hassoun and Kun Yang, who met at the Massachusetts College of Pharmacy and Health Sciences. The idea for the company came from Hassoun’s grandmother’s recipe for a prickly cactus pear drink from Lebanon. The team believed that their plant-based beverage was a better alternative to coconut water and launched Pricklee Cactus in 2021.
The founders appeared on season 13 of Shark Tank, asking for $200,000 for 5% of their startup. They received a deal with Barbara Corcoran, who offered a $200,000 line of credit and 5% equity. Pricklee Cactus Water has seen success and is currently available in 447 locations, with plans for further expansion.
| Founder | Background |
|---|---|
| Mo Hassoun | Met Kun Yang at the Massachusetts College of Pharmacy and Health Sciences |
| Kun Yang | Met Mo Hassoun at the Massachusetts College of Pharmacy and Health Sciences |
In terms of net worth, after appearing on Shark Tank, Pricklee Cactus Water is estimated to be worth around $3 million. The company saw impressive growth shortly after its launch, making $50,000 a month. Currently, the beverage is available in 447 locations primarily on the North East Coast, with plans to expand to the West Coast. Pricklee Cactus Water has also gained popularity online, with a four-star rating from over 385 reviews on Amazon and their official website, Pricklee.com.
How Pricklee Cactus Water Works and its Success After Shark Tank
Pricklee Cactus Water is a refreshing and healthy beverage that has taken the market by storm. Made from the fruit of the prickly pear cactus, this low-sugar and low-calorie drink offers a delicious and guilt-free option for those looking to quench their thirst.
What sets Pricklee Cactus Water apart is its natural composition. Packed with natural antioxidants, electrolytes, and 25% DV Vitamin C, this beverage not only hydrates you but also provides numerous health benefits. Whether you choose the original prickly pear flavor or opt for the tropical twist of mango ginger or the floral notes of strawberry hibiscus, each sip is a delightful and nourishing experience.
Since appearing on Shark Tank, Pricklee Cactus Water has experienced phenomenal success. The brand gained viral attention, leading to continuous growth and expansion. Currently available in 500 stores across the northeast region of the US, Pricklee Cactus Water has become a popular choice for health-conscious consumers.
With a net worth estimated to be around $2 million in 2022, Pricklee Cactus Water continues to make waves in the competitive beverage market. The brand’s commitment to quality, innovation, and sustainability has propelled its success and positioned it as a leading player in the industry. As Pricklee Cactus Water looks towards the future, we can expect to see even more exciting developments and expansion into new markets.
FAQ
What is the net worth of Pricklee Cactus before and after appearing on Shark Tank?
Before appearing on Shark Tank, Pricklee Cactus was valued at an estimated $2 million. After appearing on the show, the company’s net worth increased to an estimated $3 million.
Who are the founders of Pricklee Cactus Water?
Pricklee Cactus Water was founded by Mo Hassoun and Kun Yang, who met at the Massachusetts College of Pharmacy and Health Sciences.
How did Pricklee Cactus secure a deal on Shark Tank?
Pricklee Cactus appeared on season 13 of Shark Tank and pitched their plant-based beverage made from pear cactus plants. They secured a deal with Barbara Corcoran, who offered a $200,000 line of credit and 5% equity.
Where is Pricklee Cactus Water currently available?
Pricklee Cactus Water is currently available in 447 locations, primarily on the North East Coast. However, the company has plans to expand to the West Coast.
What flavors does Pricklee Cactus Water come in?
Pricklee Cactus Water is available in three flavors: original prickly pear, mango ginger, and strawberry hibiscus.
What are the health benefits of Pricklee Cactus Water?
Pricklee Cactus Water is a low-sugar, low-calorie beverage made from the fruit of the prickly pear cactus. It contains natural antioxidants, electrolytes, and 25% DV Vitamin C, offering numerous health benefits.
How has Pricklee Cactus Water performed after appearing on Shark Tank?
Pricklee Cactus Water gained viral attention after appearing on Shark Tank and saw continued growth. The company expanded its distribution to 500 stores in the northeast region of the US and has plans for further expansion.