Yooma Wellness Inc.
YOOM.CN
Canadian Securities Exchange0.01
CAD
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Yooma Wellness Inc.
YOOM.CN
(Canadian Securities Exchange)
Recent
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0.01
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Yooma Wellness Inc is a vertically-integrated global wellness company specializing in the manufacturing, marketing, distribution, and sale of wellness products including hemp seed oil, hemp-derived cannabidiol (CBD) products, and cannabinoid ingredients. Its core product portfolio comprises wellness brands such as Vitality CBD, Blossom Skincare, and MYO Plant Nutrition, which include CBD oils, sprays, edibles, skincare products, nutritional supplements, and plant nutrition solutions focused on holistic health and well-being. The company operates through subsidiaries in the United States, United Kingdom, France, and Japan, distributing products via national retailers, e-commerce platforms such as Amazon and eBay, and home shopping networks. Founded in 2017 and headquartered in Toronto, Ontario, Canada, Yooma Wellness aims to build a global leader in the wellness sector by leveraging curated sales channels and e-commerce networks across multiple international markets. The company harnesses a multicultural team with strong expertise in digital marketing, e-commerce, and social media within EU, North American, and pan-Asian regions, particularly in China. Recent major developments include the acquisitions of UK-based Vitality CBD Limited, Japanese wellness company Vertex Co., Ltd., and US-based cannabinoid ingredients and products manufacturer Socati Corp. These acquisitions have expanded Yooma's product offerings, broadened its customer base, and increased its presence in key markets including Japan and the broader Asian region. Additionally, the company has strengthened its e-commerce presence by joining eBay’s CBD pilot program with its Vitality CBD, Blossom Skincare, and MYO Plant Nutrition brands. However, Yooma Wellness was delisted from the Canadian Securities Exchange in October 2024, which represents a significant operational change. Yooma Wellness continues to focus on growth through strategic acquisitions and expanding its portfolio of health, wellness, and CBD products while maintaining operations across North America, Europe, and Asia. The company targets retail, e-commerce, and direct-to-consumer channels to address diverse customer segments interested in wellness and cannabinoid-based health products.