Kolaboration Ventures

Kolaboration Ventures

Growth Stage

CAPTURE THE LARGEST CANNABIS MARKET IN THE WORLD

CAPTURE THE LARGEST CANNABIS MARKET IN THE WORLD

Overview

Raised to Date: Raised: $1,075,470

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

03/18/2022

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2023

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,021

# of Investors

36

Momentum
Funded
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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

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.

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
Financials as of: 03/18/2022
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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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