Kolaboration Ventures Acquires California-Based Cultivation and Breeding Facility, to Further Differentiate the KVC Platform
KVC bolsters genetics line-up, breeding, and seed stock generation to increase yields and selection for customers.
RIO VISTA, Calif., May 10, 2023 (Newswire.com) - Recently acquired Massive Creations will call this facility home, and will be named Massive Farms. The combination of cultivation and biomass production coupled with breeding and seed stock production will ultimately increase yields throughout our flower canopies.
Genetics will be a key differentiator on the retail shelf within California, and across State lines when KVC begins to include smaller markets like Ohio, Arizona, and Nevada. Cultivating from seed will have a dramatic impact on yield increases which will further lower COGs. This addition to the KVC family will permeate itself throughout our product lines far beyond packaged flowers for the connoisseurs who are searching for unique terpene and cannabinoid combinations.
This acquisition will further solidify KVC's foundation with significant differentiation among its peers nationwide.
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About Kolaboration Ventures Corporation
Kolaboration Ventures Corporation (KVC) is one of the largest vertically integrated cannabis operators in the largest cannabis market in the country: California. KVC strives to become the most important company in the California cannabis landscape by combining its strategic cultivation footprint with its leading retail, manufacturing, and distribution platform. Employing a consumer-packaged-goods ("CPG") approach to cannabis, KVC's house of brands and products is designed to meet the needs of all consumer segments and includes some of the most recognized and trusted California brands, including CoCo Farms, Pacific Reserve, Farms Brand, Rio Vista Farms, Canna-Lean, Don Primo, and Ole'4 Fingers.
To learn more, please visit KolaborationVentures.com.
Media Contact: Press@KolaborationVentures.com
Investor Contact IR@KolaborationVentures.com
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of KVC to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, to meet business and financial goals including projections and forecasts, and other risks. KVC undertakes no duty to update any forward-looking statement(s) and/or to confirm the statement(s) to actual results or changes in its expectations.
Source: Kolaboration Ventures Corporation
