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Diversified Botanics

Develops, manufactures, and scales botanical products

Overview

Diversified Botanics builds and scales botanical wellness brands by combining research-driven product development with scalable manufacturing across performance, recovery, mood, cognition, and beyond. Its process starts with scientific validation and regulatory planning, followed by formulation and manufacturing in cGMP facilities, with AI-optimized operations to speed development and ensure quality. Its approach blends rigorous science, formal manufacturing standards, data-driven supply chains, and an integrated platform that covers development, production, and brand expansion across multiple categories, all under transparent practices. The company’s goal is to shape the future of botanicals by delivering credible, regulation-ready, clinically informed products at scale and building the fastest-growing, trusted brands in the botanical wellness space.

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About Diversified Botanics

Simplify's Rating
Why Diversified Botanics is rated
D+
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated D+ on Differentiation

Industries

HealthcareConsumer Goods

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

2012

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Simplify's take

What believers are saying

  • Court approval on October 20, 2026 let Diversified keep operating as debtor-in-possession.
  • The Missouri manufacturing contract preserves product supply after Utah production stopped July 31, 2026.
  • November 10, 2026 hearings could accelerate lease exits and restore a leaner cost structure.

What critics are saying

  • Chapter 11 on October 7, 2026 exposes an existential liquidity and creditor-control threat.
  • Ryan Niddel said revenue fell from $98 million to $30 million annualized by October 2026.
  • Utah kratom restrictions forced manufacturing shutdowns, lease rejections, and Missouri outsourcing by November 2026.

What makes Diversified Botanics unique

  • MIT45 Gold, Golden Monk, Kavaa, and I Am Uprising span multiple botanical categories.
  • Diversified Botanics owns a 200,000-square-foot Draper campus and in-house manufacturing heritage.
  • The company built a kratom brand moat around proprietary extracts and functional wellness positioning.

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Benefits

  • Health Insurance
  • Mental Health Support
  • Fitness reimbursement: up to $1,000/year
  • Tuition reimbursement: up to $5,250/year
  • Professional development: up to $5,000/year
  • 401(k) with 100% match on the first 2%, 50% match on the next 4%
  • $150/month in Diversified Botanics product + 50% employee discount thereafter
  • Free meals, drinks, and celebration days
  • 100% Company-Paid Premiums (Employees and Families)
  • Wellness Program
  • Remote Work Options
  • Hybrid Work Options

Company News

ElevenFlo
Oct 17th, 2026
Diversified Botanics files Chapter 11 as annualized revenue falls to $30M.

Diversified Botanics files Chapter 11 as annualized revenue falls to $30M. October 17, 2026 Diversified Botanics, Inc., formerly MIT45, filed Chapter 11 on October 7, 2026, seeking to continue its botanical-products business and reorganize. Chief Executive Officer Ryan Niddel says annualized revenue contracted from approximately $98 million at its peak to approximately $30 million, leaving the company unable to sustain obligations built around a larger business. Its immediate restructuring measures include outsourced manufacturing and a request to reject two Utah property leases. First-day declaration The distinction is between preserving the brands and reducing the cost of producing and supporting them. Niddel says Diversified has contracted with a Missouri manufacturer after stopping Utah production. The company separately seeks court approval to reject its Utah leases effective as of the petition date. First-day declaration Lease-rejection motion This account reflects docket materials reviewed with a filing cutoff of October 15, 2026. Case record Public case facts. Searchable documents available. Full docket access requires Pro.

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