Pricklee Cactus Water Net Worth 2022 – What Happened After Shark Tank?

Mohammed Hassoun was shopping at a market when prickly pears, at one of the stalls, caught his eye.

In a moment of nostalgia, these thorny little fruits took him back to when he was a child living in Lebanon and the prickly pear juice that his Grandma used to make for her family.

So he bought some and when he got home he made juice out of the fruit just as he remembered his grandma doing. When Mohammed and his friend Kun Yang tried the juice they were both blown away by the refreshing taste and voila, Pricklee Cactus Water was born.

What Is Pricklee Cactus Water?

Pricklee Cactus Water is a juice extracted from prickly pears which comes in three delicious flavors and has half the calories and sugar of coconut water.

Over and above that, according to the presentation that  Mohammed and Kungave on Shark tank, Pricklee Cactus Water is packed full of antioxidants and is really good for you.

What Is Pricklee’s Net Worth & Breakdown?

Company Name	Pricklee Cactus Water
Founders	Kun Yang, Mohammed Hassoun, and Three More
Shark	Barbara Corcoran
Equity	5%
Investment	$200 000
Location	Boston, Massachusetts
Net worth	$4 milllion estimated

Shark Tank Appearance

Kun and Mohammed gave a stellar pitch during their Shark Tank appearance as this video by Joe Pardo shows, but the sharks were dubious about whether or not their distribution is up to scratch.

Also, the fact that the packaging of the water isn’t really a true reflection of how good this drink is for you, was brought up.

Shark Tank Investment – Did It Go Through?

Yes, it most certainly did go through, as explained in this post on Shark Tank Recap, but not without some haggling as Kun and Mohammed were looking for a $200 000 investment in exchange for a 5% stake and Kevin offered this amount for a 20% stake which was very respectfully argued by Kun.

Eventually Barbara stepped in and agreed to their terms of a $200 000 credit line in exchange for a 5% share.

What’s Happening at Pricklee Today?

Accordion to their website Pricklee is still very much up and running and they still offer the three flavors that they promoted on Shark Tank – the original prickly-pear, strawberry-hibiscus, and mango-ginger flavors.

What Is Their Turnover?

For a new start-up, Pricklee Cactus Water is doing really well.

According to the founders, their turnover at the time of their Shark Tank appearance was expected to reach $70 000 and the previous month’s turnover was $50 000, so climbing steadily.

CONCLUSION

Would you have thought that coconut water could be toppled from its throne by something like Pricklee Cactus Water.

With the lower calories and sugars, delicious thirst-quenching flavors, and endless benefits who could resist making the change, right?

Check out this new and exciting drink, if you haven’t already done so, and do as they say on the website: “Protect yourself like a cactus…”.