$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Virginia Vidal from Toronto, ON, pitched Mary’s Wellness Ltd. in Season 13, Episode 5, asking the Dragons for $150K for 10% of the company.
- Asked for$150K for 10%
- Valuation$1.5Mimplied by the ask
- OutcomeDealwith Lane Merrifield
- Final deal$150K for 30%valued at $500Kplus a royalty: Lane Merrifield to have right of first refusal to sell his stake if the company is acquired
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Arlene Dickinson | Felt more capital would be needed to build the brand competitively | Out |
| Manjit Minhas | $150,000 for 20%, to help sell the company | Withdrawn |
| Vincenzo Guzzo and Arlene Dickinson | $150,000 for 30% jointly, to help sell the company | Withdrawn |
| Michele Romanow | Concerned about misaligned goals between investor and founder | Out |
| Lane Merrifield | $150,000 for 30%, with right of first refusal if company is acquired | Accepted |
Virginia Vidal, from Toronto, Ontario, asked for $150,000 for 10% of Mary's Wellness, a cannabis-infused tea company she started after using cannabis to manage pain and recovery following six surgeries after having triplets. The teas are sold in boxes of 12 bags for about $40, available in 19 blends, each serving containing five milligrams of THC; the company sold $60,000 in 2016 and $315,000 in 2017, is 5% owned by a private company, and has drawn acquisition interest from licensed producers.
Arlene Dickinson passed, saying more capital would be needed to compete and build the brand. Manjit Minhas initially offered $150,000 for 20% to help sell the company but withdrew after Virginia Vidal said she wanted to remain involved as an investor rather than exit; Vincenzo Guzzo and Arlene Dickinson jointly considered a $150,000 for 30% offer to flip the company but also withdrew for the same reason. Michele Romanow passed due to misaligned goals. Lane Merrifield offered $150,000 for 30% with the option to be first to sell his stake if the company were acquired, and Virginia Vidal accepted.
Pitch details from CBC’s Dragons’ Den pitch page.
Mary’s Wellness Ltd. today
- StatusStatus unknownLast checked September 2026
We haven’t confirmed whether Mary’s Wellness Ltd. is still operating.