Grinds Coffee Pouches from Shark Tank

Grinds Coffee Pouches shark tank
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Grinds Coffee Pouches is the trademark product of the company, Grinds. The product includes little pouches of flavored coffee that can help you stay bright and focused whenever you drink it. Each can contains enough B-Vitamins for energy as well as other essential elements to keep you bright and alert. It comes in a wide variety of flavors, such as Mint Chocolate, Irish Cream, Cinnamon Roll and Mocha, to name a few.

Grinds, which was originally intended as a healthy tobacco replacement for professional baseball players, is ideal for anybody trying to quit smoking or simply discover a convenient, nutritious method to generate energy.

Matt Canepa and Pat Pezet are the two entrepeneurs invented Grinds Coffee Pouches through a class project. They wanted something to keep them awake. They found coffee beans and discovered that chewing on them gave them a boost of energy.

After seeing a random flyer on campus, they decided to join a contest with a $1,000 reward, which they both won. As baseball players, they knew that there was high demand for tobacco chewing alternatives. This was their target customer base.

They started out by placing coffee grinds into pouches and selling them. They won two $18,000 university business contests and convinced some of the judges to join Grinds Coffee Pouches. Because the duo had baseball experience, they went to minor league fields and gave away complimentary Grinds Coffee Pouches to the players. By 2011, they had a range of flavors and even big league players promoting the item.

Are They Still an Active Company?

Yes, the company is active and still in business.

How Did the Shark Tank Pitch Go?

Matt and Patt came to Shark Tank seeking an investment of $75,000 for a 10% stake in their company. Pat started the pitch by explaining that the pouches included fresh coffee as well as chemicals meant to keep the consumer up and focused.

Mat then gave the Sharks samples of the product so they could try it for themselves. Fortunately, the Sharks were instantly impressed with the flavors. The two business owners then revealed their sales figures. They’d sold $3,500 in their first year and even received an endorsement from San Francisco Giants manager Bruce Bochy.  They sold $135,000 in their second year and had projected $300,000 in sales by the time they appeared on Shark Tank.

Then it was time for the Sharks to respond. Barbara was the first to step out because even though she liked the product and the pitch, it didn’t particularly interest her. Kevin first told the two that they didn’t have enough capital to get the product into the market, and this was important given that they had a lot of competition. However, he followed this up by making an offer of $100,000 for a $.25 royalty on every item sold.

Mark stepped out then because he didn’t feel that the company would be able to generate enough profit in time

At this stage, Robert was ready to make a counter-offer of $75,000 for a 15% stake in the company and asked Daymond to join in as well, who had previously inquired as to whether the two were interested in just capital or acquiring a good business partner.

. The two entrepreneurs asked them  if they’d be willing to do $100,000 for a higher stake in the company but the Sharks refused. In the end, they decided to accept Robert and Daymond’s original offer.

Overall, the Grinds Coffee Pouches Shark Tank review was positive and they left with a good deal. Grinds was successful in their business after the episode and still make a lot of sales through their website and on Amazon. Their company generates $5 million in profits every year.

Our Review of Grinds Coffee Pouches

We decided to try out Grinds Coffee Pouches for ourselves to see how they would fare in practice.

The good news is that Grinds offers good customer service and quick delivery, which means you won’t have to wait very long before receiving your order. There are a wide variety of flavors to choose from, depending on your preference. It produces moderate spit and isn’t irritable to gums.

The bad news is that the flavor only lasts for an hour and then tastes like black coffee plus the product is a bit expensive. It doesn’t have the same burn as coffee and releases some grinds into your mouth when you’re trying it out. It isn’t as effective as chewing tobacco.

Pros of Grinds Coffee Pouches

  • Many flavors to choose from
  • Moderate spit
  • Not irritable to gums
  • Good customer service

Cons of Grinds Coffee Pouches

  • Expensive
  • Flavor only lasts for an hour
  • Doesn’t have the same burn as coffee
  • Releases some grinds in your mouth

Who Is Grinds Coffee Pouches for?

Grinds Coffee Pouches is mainly targeted at minor and major league baseball players who want a healthy alternative to chewing tobacco. It can also be used by any student or adult looking for energy to complete a project with a tight deadline.

Are There Any Alternatives?

Tobacco and nicotine-free chewable products are nothing new. There are many alternatives on the market for Grinds Coffee Pouches.

Smokey Mountain Pouches is one healthy alternative to Grinds Coffee Pouches. It comes in a wide variety of natural flavors and extracts to help people who are trying to quit chewing tobacco. It’s a reasonably priced product with good reviews on Amazon that also comes in larger sizes.

It has a natural pouch and delivers an original smokeless snuff appearance, taste, and feel, with the perfect moisture and texture. Chewing Smokey Mountain Pouches is more enjoyable than smoking patches, nicotine gum, and other quitting aids.

Our Final Thoughts

Grinds Coffee Pouches is a thriving business because the product delivers in the promised quality. It’s a good option for people who want to stop chewing tobacco but find other nicotine quitting products to be ineffective in comparison.

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