Functional Brands, Inc.
food Lake Oswego, · MEHA · Public
Functional Brands is attempting a major strategic pivot from nutraceuticals to blockchain/DeFi with a $142.9M acquisition of BullionFX | Alchemy, while simultaneously facing Nasdaq delisting proceedings. The company showed Q1 2026 revenue growth of 3.5% and launched GLP-Squared injectable peptides, but is heavily distracted by acquisition closing conditions and shareholder votes.
Functional Brands, Inc. is a U.S.-based company that produces and supplies a comprehensive range of nutraceutical supplements. Its product portfolio targets a broad spectrum of health and wellness needs, encompassing categories like pain management, energy enhancement, prenatal support, general well-being, bone and joint health, gastrointestinal function, immunity, cardiac care, detoxification, cognitive support, sleep aids, and urinary health. In addition to its core nutraceutical offerings, the company also provides a line of hemp-derived products, available in convenient forms such as capsules, gummies, and tinctures.
Employees
33
Mfg Plants
1
All Facilities
1
Activity
8/10
Type
Public
Plant Locations (1 mapped)
MEHA Stock Price
Recent News
Functional Brands Inc. Receives Nasdaq Staff Delisting Determination
Newsfile Corp · 6/15/2026
Functional Brands Inc. Announces Active Interest from Multiple Strategic Partners to Fund BullionFX | Alchemy Commercialization Following Pending Acquisition of the BFX Assets
Newsfile Corp · 6/5/2026
Functional Brands Inc. Enters BullionFX | Alchemy Acquisition From a Position of Improving Financial Strength
Newsfile Corp · 6/4/2026
Functional Brands Inc. Clears Barrier to $142.9 Million BullionFX | Alchemy Acquisition
Newsfile Corp · 6/3/2026
Functional Brands Announces Adjournment of Special Meeting of Stockholders
Newsfile Corp · 5/27/2026
Functional Brands Enters into Agreement to Acquire Alchemy, a Gold-Backed Blockchain Settlement Platform, in a $142.9 Million Transaction
Newsfile Corp · 5/22/2026
Functional Brands Announces First Quarter 2026 Financial Results
Newsfile Corp · 5/18/2026
Functional Brands Inc. Announces Conversion Price Adjustment Agreement for Series C Preferred Stock
Newsfile Corp · 5/12/2026
Functional Brands Inc. Signs Binding Letter of Intent for the Acquisition of the Assets of BullionFX | Alchemy for $142.9 million
Newsfile Corp · 5/11/2026
Functional Brands Inc. Announces Launch of GLP-Squared Injection
Newsfile Corp · 5/6/2026
Manufacturing Plants (1)
Kirkman Group Manufacturing & HQ
Lake Oswego, OR
~25,000 sq ft FDA-registered, cGMP-certified nutraceutical supplement manufacturing facility; produces all Kirkman, P2i prenatal, HempTown Naturals, and Golf Mellow brand products including probiotics, enzymes, vitamins, liquid tinctures, gel caps, and topicals; also serves as company HQ