Novel biobased nanocomposites have been prepared by the cationic polymerization of conjugated soybean oil (CSOY) or conjugated LoSatSoy oil (CLS) with styrene (ST) and divinylbenzene (DVB), and a reactive organomodified montmorillonite (VMMT) clay as a reinforcing phase. This filler has been prepared by the cationic exchange of sodium montmorillonite with (4-vinylbenzyl) triethylammonium chloride in aqueous solution. The nanostructures of the nanocomposites have been determined by using wide-angle X-ray diffraction (WAXD) and transmission electron microscopy (TEM), respectively. The results from WAXD and TEM indicate that a heterogeneous structure consisting of intercalation and partial exfoliation or an intercalation structure exists in the nanocomposites, depending on the amount of VMMT in the polymer matrix. The thermal, mechanical, and organic vapor barrier properties of the nanocomposites have been evaluated by dynamic thermal analysis, thermogravimetric analysis, mechanical testing, and toluene absorption. A significant improvement is observed in the thermal stability, the dynamic bending storage modulus, the compressive modulus, the compressive strength, the compressive strain at failure, and the vapor barrier performance for the CSOY- and CLS-based nanocomposites with 1-2 wt % VMMT loading, where some individual exfoliated silicate platelets occur. For example, the CLS-based nanocomposite with 1-2 wt % VMMT exhibits increases of 100-128%, 86-92%, and 5-7% in compressive modulus, compressive strength, and compressive strain at failure, respectively. CLS with higher unsaturation and reactivity affords nanocomposites with higher thermal stability and higher mechanical properties than CSOY.