- CEO
- Michael Hill
- Full Time Employees
- 3
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 201 West Montecito Street Santa Barbara CA United States of America 93101
- IPO Date
- Apr 22, 2003
- Business
- Bloomios, Inc. (OTCQB: BLMS) manufactures, markets, and distributes U.S. hemp-derived supplements, nutraceutical, cosmetic, and pet products through wholesale distribution channels and its wholly owned subsidiary, Bloomios Private Label. The company offers private-label and white-label customers more than 80 customizable products across seven categories, including edibles such as gummies, tinctures, oils, salves, capsules, beverages, and topicals; it provides full-service custom formulation, brand development, research and development, manufacturing, compliance solutions, and order fulfillment to small brands, major brands, chain stores, vape shops, and distributors. Bloomios serves businesses in the hemp, cannabinoid, nootropic, and nutraceutical sectors, with a focus on natural ingredients like CBD, ashwagandha, melatonin, kratom, lion's mane, valerian root, reishi mushroom, L-theanine, ginkgo biloba, caffeine, and rhodiola rosea for applications in focus, sleep, relaxation, pain relief, and inflammation.
Founded in 2001 and headquartered in Santa Barbara, California, with manufacturing and distribution facilities in Daytona Beach, Florida, Bloomios operates primarily in the North American market. The company targets the growing CBD, alternative cannabinoid, skincare, and complementary medicine markets, projected to expand significantly through 2028.
In October 2022, Bloomios completed a $23.5 million acquisition of Infusionz LLC, a leading gummy manufacturer and wholly owned subsidiary of Upexi Inc. (NASDAQ: UPXI), which included Infusionz's CBD gummy brands, product formulations, manufacturing operations, equipment, sales team, and customer base; the transaction more than doubled production capacity, added over $22 million in annualized gross revenue, and established a long-term manufacturing partnership with Upexi. This strategic move supported entry into the direct-to-consumer market and new distribution channels, funded in part by a $13.9 million senior secured convertible debenture offering led by institutional investors. Earlier expansions included a 300% increase in manufacturing capacity via a 50,000 sq. ft. facility in Daytona Beach and partnerships such as with DRYWORLD in sports nutrition and CMA for investor outreach.