Magical Brands Inc.
Private Company
Company Overview
Magical Brands Inc. is a wellness company that offers a do-it-yourself botanical extraction machine, a line of cannabidiol (CBD) products, and a line of functional mushroom products.
The company's Magical Butter Machine removes inconsistencies from the botanical extraction process and increases production capacity for consumers to develop nutrient-rich extracts from roots, fruits, mushrooms, and herbs, infusing the lipid extracted nutrients into butters, oils, tinctures, salves and lotions.
The company reports an existing customer base of over 350,000 individuals with nearly 1,000,000 individuals in its community. In addition, the company reported over C$11 million in 2019 revenue with 42% year-to-date EBITDA-positive growth in 2020.
The company's Magical Butter Machine removes inconsistencies from the botanical extraction process and increases production capacity for consumers to develop nutrient-rich extracts from roots, fruits, mushrooms, and herbs, infusing the lipid extracted nutrients into butters, oils, tinctures, salves and lotions.
The company reports an existing customer base of over 350,000 individuals with nearly 1,000,000 individuals in its community. In addition, the company reported over C$11 million in 2019 revenue with 42% year-to-date EBITDA-positive growth in 2020.
Management Team
Garyn Angel
CEO & Director
Peter McDonough
Director
Craig Snyder
COO & Director
Everett Ware
Director