Mayway

What Mayway does

Mayway Corporation is a family-owned B2B distributor and manufacturer of Traditional Chinese Medicine (TCM) products, founded in 1969 and headquartered in Oakland, California. The company sells exclusively through registered business accounts to licensed TCM practitioners, acupuncturists, herbalists, TCM students, and retail resellers, with no direct-to-consumer channel. The product portfolio spans branded teapills and tablets under the Plum Flower, Modern Masters Series, Min Shan, and Bamboo Pharmacy trademarks, plus single-herb and formula extracts in granule/powder form, whole and powdered herbs including organic and bulk-manufacturing grades, capsules, topical liniments and patches, syrups and lozenges, clinic tools and supplies, and educational materials.

Beyond distribution, Mayway operates two adjacent services: the Mayway Dispensary (dispensary.mayway.com), a custom prescription workflow allowing practitioners to compound patient-specific formulations from whole herbs, extract granules, or capsules for direct-to-patient shipment; and the Mayway Education platform (maywayeducation.com), offering continuing education courses, herb ID kits, and TCM learning materials. A bilingual English/Chinese storefront and an operating subsidiary in Hebei, China (Mayway Hebei) support international sourcing and global distribution to practitioners and retailers.

Revenue mechanics are wholesale pay-as-you-go, with free ground shipping on orders of $199+, special-order deposits of 40%, and quantity caps on certain bulk herbs to ensure fair access. Quality assurance is supported by an independent testing network including Eurofins USA, Intertek, Certified Laboratories, Alkemists Laboratories, and Labcorp covering species identification, microbiology, heavy metals, and pesticide testing, with GMP manufacturing standards and Prop 65 compliance. The company is privately held, family-owned with no disclosed institutional investors, no funding rounds, no M&A activity, and no public ticker.

Name

Mayway

Legal name

Mayway Corporation

Website

https://mayway.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

Mayway is a family-owned B2B distributor of Traditional Chinese Medicine products since 1969, selling branded teapills, extracts, whole herbs, and clinic supplies exclusively to licensed TCM practitioners, students, and retail resellers via registered business accounts.

Ownership category

akta.pro rank

Product category

Traditional Chinese Medicine

NAICS

Medicinal and Botanical Manufacturing (325411), Drugs and Druggists' Sundries Merchant Wholesalers (42421)

SIC

Medicinal Chemicals & Botanical Products (2833), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)

akta.pro industry

PRIMARYCRADAGAD

Herbal & Botanical Supplements

Consumer Products & Retail/Consumer Packaged Goods (CPG) Manufacturing & Brands/Vitamins, Supplements & Sports Nutrition

Keywords

• Traditional Chinese Medicine
• Chinese herbal products
• TCM teapills tablets
• Herbal extract powders
• TCM dispensary supplies

Headquarters

HQ city

Oakland

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wholesale TCM Products: Wholesale distribution of Traditional Chinese Medicine products including teapills, tablets, extracts, whole herbs, and supplements to licensed practitioners and retail businesses
2. Custom Prescription Dispensary: Custom prescription formula service for licensed TCM practitioners, medical doctors, and veterinarians creating patient-specific formulations

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Mayway manufactures and wholesale-distributes a broad portfolio of Traditional Chinese Medicine products — including teapills, tablets, single-herb and formula extract powders, whole and powdered herbs, organic herbs, capsules, topical liniments and patches, syrups, lozenges, teas, and clinic supplies — under proprietary brands such as Plum Flower™, Min Shan®, Modern Masters®, Bamboo Pharmacy®, and Star Ring®. The company sells exclusively to licensed TCM practitioners, TCM students, and retail businesses through registered B2B accounts, and operates the Mayway Dispensary service that enables practitioners to create custom whole-herb, extract granule, or encapsulated prescriptions for their patients.

Product overview

Mayway is a family-owned B2B distributor of Traditional Chinese Medicine (TCM) products since 1969, headquartered in Oakland, California. The company operates primarily as a wholesale supplier to licensed TCM practitioners, herbalists, clinics, and retailers. Their product portfolio includes multiple branded teapill and tablet lines (Plum Flower™, Modern Masters Series™, Min Shan®, Bamboo Pharmacy®, Star Ring®), extract powders and granules in single herb and formula formats, whole and powdered herbs including organic options, syrups and lozenges, topical liniments and patches, capsules, teas, clinic supplies, and educational materials. Mayway also operates a prescription dispensary service allowing practitioners to create custom formulas for their patients. The company does not sell directly to individual consumers and requires business accounts for purchases.

Differentiator

Problem solved

Functional benefit

Brands

• Plum Flower™: Primary teapill and tablet brand featuring classic TCM formulas
• Modern Masters®
• Min Shan®
• Bamboo Pharmacy®
• Star Ring®

Products and services

• Plum Flower™ Teapills & Tablets Premium teapills and tablets for Traditional Chinese Medicine, including formulas such as Free & Easy Wanderer, Curing Pills, and Huo Xiang Zheng Qi, available in various sizes including economy options. Sold wholesale to licensed TCM practitioners and retail businesses.
• Modern Masters® Series Advanced TCM formula series featuring modern interpretations of classical formulas, including products like Stone-K Formula for practitioners. Sold to licensed TCM practitioners and retail businesses.
• Min Shan® Teapills & Tablets Quality teapills brand offering classical TCM formulas including Long Dan Xie Gan Wan, Xiao Yao Wan, and Shu Gan Wan. Sold to licensed TCM practitioners and retail businesses.
• Bamboo Pharmacy® Liniments & Oils Topical products including alcohol-free liniments for traumatic injury, aches, pains, and stiffness, featuring fast-acting pain relief using Chinese herbs. Sold to licensed TCM practitioners and retail businesses.
• Bamboo Pharmacy® Teapills & Tablets Teapill and tablet products under the Bamboo Pharmacy brand, including reformulated products like Bu Nao Pian for cognitive support. Sold to licensed TCM practitioners and retail businesses.
• Single Herb Extracts Individual herbal extracts in granule/powder form for TCM practitioners to customize prescriptions. Sold to licensed practitioners.
• Formula Extracts Traditional formula extracts in powdered form for TCM practitioners. Sold to licensed practitioners.
• Bulk Extract Powders Bulk quantities of extract powders for manufacturing and larger practice needs. Sold to licensed practitioners and manufacturers.
• Whole Herbs Raw whole herbs for traditional preparation methods. Sold to licensed TCM practitioners.
• Powdered Herbs Finely powdered herbs for various TCM applications. Sold to licensed TCM practitioners.
• Organic Herbs Certified organic herbal products. Sold to licensed TCM practitioners and retailers.
• Bulk Herbs for Manufacturing Bulk herb ingredients for product manufacturing. Sold to manufacturers and larger-volume buyers.
• Syrups, Lozenges & Candies Herbal syrups, lozenges, and candy formulations for various TCM applications. Sold to licensed TCM practitioners and retail businesses.
• Teas, Soups & Spices Medicinal teas, soup preparations, and spice products. Sold to licensed TCM practitioners and retail businesses.
• Topicals, Liniments & Patches External application products including liniments and medicated patches. Sold to licensed TCM practitioners and retail businesses.
• Capsules Herbal products in capsule form including Cordyceps CS-4 capsules. Sold to licensed TCM practitioners and retail businesses.
• Clinic Tools & Supplies Professional tools and supplies for TCM clinics and practitioners. Sold to licensed practitioners and clinics.
• Star Ring® Products Specialty TCM products under the Star Ring® brand, including instant herbal beverages such as Ban Lan Gen Chong Ji. Sold to licensed TCM practitioners and retail businesses.
• Mayway Dispensary Custom prescription service that allows licensed herbal practitioners and TCM students to create whole herb, extract granule, or encapsulated prescriptions for patients, with fast shipping directly to the patient's door. Available to licensed TCM practitioners, medical doctors, and veterinarians.
• Mayway Education (Continuing Education & Books) Continuing education courses, herb ID kits, and educational materials (books and reference texts) for TCM practitioners and students, delivered through the Mayway Education platform.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered supporting.

• Eurofins USAsupportingTechnology or IntegrationIndependent testing laboratory for quality control testing of bulk herb products, specifically referenced for species identification and quality parameter testing in special orders
• InterteksupportingTechnology or IntegrationIndependent laboratory for natural ingredient identification testing referenced in bulk herb product quality control specifications
• Certified LaboratoriessupportingTechnology or IntegrationIndependent testing laboratory option for customer testing of bulk herb products in special order scenarios
• Alkemists LaboratoriessupportingTechnology or IntegrationIdentity Testing laboratory (1260 Logan Ave. #B2, Costa Mesa, CA 92626) for custom manufactured product testing
• LabcorpsupportingTechnology or IntegrationFood & Dietary Supplements Division for Microbiology, Heavy Metals, and Pesticides testing of custom manufactured products

Scale indicators2 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Nuherbs (Nu Herbs): Long-established Oakland/CA-based wholesale distributor of Chinese herbs, extract powders, and TCM formulas to licensed practitioners. Operates the same B2B dispensary-style model as Mayway, making it the most directly comparable peer in U.S. TCM wholesale.
• Kamwo Mercantile: New York-based TCM herb and formula wholesaler serving acupuncture schools, practitioners, and pharmacies. Closely comparable on product mix, B2B practitioner channel, and custom prescription services.
• Spring Wind Herbs: U.S. distributor of bulk Chinese herbs, granules, and concentrates focused on quality-tested, practitioner-grade materia medica. Directly comparable niche B2B positioning and product range.
• Golden Flower Chinese Herbs: Manufacturer and distributor of concentrated Chinese herbal extracts and formulas for licensed practitioners. Comparable on bulk-extract product category and practitioner-only distribution model.
• Blue Poppy Enterprises: TCM brand offering herbal formulas, topicals, and practitioner education materials. Comparable on TCM product portfolio and practitioner education channel, with overlapping target customers.
• Crane Herb Company: U.S. wholesale distributor of Chinese herbs and formulas to licensed acupuncturists and TCM practitioners. Comparable on B2B-only practitioner model and bulk herb product range.
• Lotus Herbs (Lotus Professional): Wholesale distributor of granular TCM extracts and raw herbs to licensed practitioners and acupuncture schools. Comparable on extract granule product category and practitioner-only sales motion.
• Herb Pharm: U.S. herbal extracts and liquid tincture manufacturer with strong GMP and organic credentials. Comparable on botanical extraction capability and quality-testing standards, though more consumer-oriented.

Broad incumbents

• Standard Process: Large U.S. whole-food and herbal supplement manufacturer serving healthcare practitioners. Comparable on practitioner-only channel and quality documentation, but operates at much greater scale and a broader nutritional portfolio.
• Metagenics: Broad-line practitioner-channel nutritional and botanical supplement brand. Comparable practitioner GTM but wider therapeutic footprint and significantly larger scale than Mayway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/maywayherbs

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mayway