Cocktail Bomb Shop

Kiana, from Montreal, Quebec, sought $200,000 for 10% of Cocktail Bomb Shop, a maker of cocktail bombs that fizz and dissolve in sparkling water and can be mixed with alcohol or enjoyed as mocktails, sold in 15 flavours in single units for $5 and in a $29.99 six-flavour variety pack; production costs 50 cents per unit, with wholesale pricing at $2.50 and retail online at $5. Made in Montreal, the company has 500 points of distribution across Canada including gift stores such as Pusateri's, launched March 19 of the previous year, and has sold $1.5 million worth of product to date; a related earlier product, hot chocolate bombs, sold $60,000 in three months, and a viral TikTok video promoting the cocktail bombs reached 2.5 million views in a week.

Wes Hall offered $200,000 for 25%, Michele Romanow offered $200,000 for 22.5%, Vincenzo Guzzo offered $200,000 for 20%, and Robert Herjavec offered $200,000 for 15%. Arlene Dickinson declined to make an offer, saying the business was worth the full ask. Manjit Minhas and Vincenzo Guzzo then jointly offered $200,000 for 10% or $400,000 for 20%, and Robert Herjavec, Vincenzo Guzzo, Manjit Minhas and Michele Romanow together offered $400,000 for 20% at 5% each. Kiana accepted Wes Hall's original offer of $200,000 for 25%.

Cocktail Bomb Shop is still operating and sells through its website.