Kolaboration Ventures

Kolaboration Ventures

Closed: Mar. 2023

About this raise

Kolaboration Ventures, with a valuation of $500 million, is raising funds on Dalmore Group through Reg A+ crowdfunding. The cannabis company specializes in the cultivation, non-volatile manufacturing, retail, brand development, and distribution of cannabis. The brands in Kolaboration Ventures’ portfolio include Farms Brand, Fat Boys Farms, Ole 4 Fingers, Atoms Infused Flower, Rio Vista Farms, and CoCo Farms. Kolaboration Ventures has a differentiated product portfolio, is vertically integrated, and is led by an experienced team. Martin Wesley, Charles Wesley, and Andrew Wesley founded Kolaboration Ventures in 2021. The current crowdfunding campaign has no minimum target and a maximum target of $25,000,000. The campaign proceeds will be used for support of existing operations in California, reduction of liabilities, acquisition of additional properties, and developing additional strategic partnerships.

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Investment Overview

Invested this round: $1,075,470

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
03/19/2022
Close Date
Not Provided
Min. Goal
$1,000
Max Goal
$25,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.25

Pre-Money Valuation

$500,000,000

Company & Team

Company

Year Founded
2021
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Rio Vista, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
173
Prior Founder Exits?
No
Founder Name
Martin Wesley
Title
Managing Member
Founder Name
Charles Wesley
Title
CFO
Founder Name
Andrew Wesley
Title
Chairman, VP, Director

Financials

 Revenue +23% YoY
$38,251,470
 Monthly Burn
Profitable
 Cash on Hand
$175,448

Balance Sheet

Cash and Cash Equivalents

$175,448

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$141,086

Loans

$0

Property, Plant and Equipment (PP&E)

$12,325,841

Property and Equipment

$0

Total Assets

$34,785,147

Accounts Payable & Accrued Liabilities

$15,093,913

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$10,378,627

Total Liabilities

$29,355,522

Total Stockholders' Equity

$5,429,625

Total Liabilities and Equity

$34,785,147

Statement of Comprehensive Income Information

Total Revenues

$38,251,470

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$22,906,296

Total Interest Expenses

$0

Depreciation and Amortization

$373,109

Net Income

$666,773

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Armanino LLP
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/10/2023 Dalmore Group $500,000,000 $1,075,470 Equity - Common Funded RegA+
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Add to portfolio
Kolaboration Ventures on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $500,000,000
Price per Share: $1.25

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Follow Kolaboration Ventures on Dalmore Group 2022

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