$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Mikey Fivebucks from Toronto, ON, pitched Catnip Dispensary Inc. in Season 16, Episode 4, asking the Dragons for $50,005 for 20% of the company.
- Asked for$50,005 for 20%
- Valuation$250Kimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Michele Romanow | Out - good business for founder but not a good investment for her | Out |
| Vincenzo Guzzo | Out - concerned about reliance on the founder personally | Out |
| Wes Hall | Out - not sure it will hold his interest long term | Out |
| Michele Romanow | Out - repeated, not purrfect fit | Out |
| Arlene Dickinson | Out - can't see it scaling as an investment | Out |
Mikey 5 Bucks, operating out of a bachelor apartment in Parkdale, Toronto, asked for $50,005 for 20% of Catnip Dispensary Incorporated, a company selling different international strains of catnip such as lemon catnip from the UK, Hungarian cat-mint, and Japanese cat-mint, marketed with cannabis-inspired branding. Products cost about 15 cents to make and were sold at price points ranging from $25 to $45 per bag during testing. A recent Kickstarter campaign sought $5,200 and raised $13,102, with all Kickstarter orders shipped within days of the campaign closing.
Michele Romanow, Vincenzo Guzzo, and Wes Hall each went out, citing concerns about the business being too dependent on the founder personally to scale as an investment, despite praising the marketing and margins. Arlene Dickinson also went out, saying she could not see it scaling as an investment. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
Catnip Dispensary Inc. today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Catnip Dispensary Inc. is still operating.