$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Faris Mirza from Toronto, ON, pitched CDN Apparel in Season 10, Episode 14, asking the Dragons for $150K for 15% of the company.
- Asked for$150K for 15%
- Valuation$1Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Manjit Minhas | Spent too much already, dislikes the designs | Out |
| Michele Romanow | Not the right fit to help | Out |
| Michael Wekerle | Can't provide much help | Out |
| Joe Mimran | Too early stage, valuation too high for one unproven product | Out |
Faris Mirza, from Toronto, pitched CDN Apparel alongside partner Chelese Daly, asking for $150,000 for 15 percent of the business. CDN Apparel designs apparel, starting with a sports jacket made of rip-stop, water-resistant nylon fabric, that combines the Canadian flag with the flags of other countries to represent Canadian immigrants; the company had not yet sold any product and valued itself at $1 million. Faris had invested about $160,000 over 18 months and said Roots and other major retailers had expressed interest in a royalty or buyout deal that he had declined, preferring to keep control of the brand.
Manjit Minhas went out, citing excessive spending already and disliking the designs. Michele Romanow and Michael Wekerle said they could not provide the specific help needed. Joe Mimran said the concept was too early stage with no sales to justify a $1 million valuation. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
CDN Apparel today
- StatusIn businessLast checked September 2026
CDN Apparel is still operating and sells through its website.