Drake Sadler, CEO and co-founder of Traditional Medicinals, announced the completion of the company’s limited private offering. With the assistance of Phil Moore of Monterey Bay, the following individuals have invested in the company: Lex Alexander, Joel Dee, Steve Demos, John Elstrott, Michael Funk, Mark Retzloff, and Peter Roy.
“Well recognized as the medicinal herb tea category leader”, Sadler reported, “Traditional Medicinals is positioned to take advantage of numerous opportunities for brand growth and company expansion. The tremendous resource that this group of investors brings to the tea company will assist us with the accomplishment of our aggressive and strategic growth objectives. I am very excited about our company’s future, and appreciate the contributions and commitments this impressive group of industry leaders brings to Traditional Medicinals”.
Traditional Medicinals (http://www.traditionalmedicinals.com/) is the leader in the manufacture and marketing of clinically tested herbal teas for the Dietary Supplement market in the United States and Natural Health Product market in Canada.