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LAS VEGAS - Healthy Extracts Inc. (OTCQB:HYEX), a $6.6 million market cap company whose stock has surged 27% in the past week, has acquired Florida-based Gummy USA, a manufacturer of nutraceutical gummies, in an all-stock transaction, according to a press release statement issued Tuesday.
The acquisition brings in-house HACCP, GMP-certified, and FDA-registered manufacturing capabilities to Healthy Extracts, with production capacity that could reach $20 million in annual revenue by 2026. The company projects the new unit will generate up to $3.5 million in revenue in the second half of 2025.
Healthy Extracts, which previously forecasted $4.2 million in net revenues for 2025, now anticipates an annualized revenue run rate exceeding $11.5 million by year-end, compared to $3.1 million in 2024.
The deal adds a third product delivery system to Healthy Extracts’ portfolio, complementing its existing gel-packs and functional drinking straws with precision-dosed gummies.
As part of the transaction, Gummy USA founder Don Swanson has been appointed president and chairman of Healthy Extracts, while Duke Pitts will continue as CEO and director.
"The transformative acquisition of Gummy USA accelerates our ability to bring clinically advanced products to market and drive strong revenue growth, as well as better position us for our planned uplist to a national exchange," Pitts stated in the release.
The Florida manufacturing facility includes in-house R&D capabilities that the company expects will accelerate product development and enhance margins. Healthy Extracts has committed additional funding to support anticipated production increases.
This acquisition follows the company’s previous purchases of BergametNA for heart health products and Ultimate Brain Nutrients for nootropic formulations. InvestingPro analysis reveals 10+ additional insights about Healthy Extracts’ financial health and growth potential, essential for understanding the company’s acquisition strategy and market position. Discover more detailed analysis and Fair Value estimates with an InvestingPro subscription.
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