Founded in 2015, this business is a boutique, small-batch candy manufacturer with a unique value proposition - its multiple lines of candies are organic, nut-free, gluten-free, and made with no artificial colours or flavours.
This focus has differentiated it from its peers and received rave customer reviews. The result? The business currently operates at max capacity and has seen online sales grow by 1,005% in 2 years and wholesale sales grow by 55% since 2020.
Contributing to this growth is an overall shift of consumer preferences for clean ingredients, a demand to support Canadian-made products and the growth of the food gifting market. A local example of the food gift growth and industry exit potential is the success story of Saxon Chocolates which was acquired by Tricor Founders in 2017.
The business earns revenue by selling to over 150 retailers across Canada, direct to consumers (e-commerce), and manufacturing a variety of products such as organic caramels, gumdrops, and marshmallows (and more). The business has differentiated itself by creating eye-catching packaging and flavours that appeal to adults, which has positioned it as a premium luxury brand that makes for a great gift.
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