Kolaboration Ventures Acquires Massive Creations to Bolster Genetic Line-Up and Further Differentiate the KVC Platform
RIO VISTA, Calif., May 9, 2023 (Newswire.com) - KVC welcomes and appoints Neil Smith "Shiloh Massive" as their new Head Breeder to further differentiate the KVC Vertical Platform. Shiloh will officially lead the breeding and genetics program for KVC. There will be an increased focus on the consumer palette for world-class flowers, as well as for world-class extracts in both the Solventless & Fresh Frozen premium products and brands.
Shiloh comes from the historic cannabis culture of Mendocino County, where he has been breeding and working with cannabis for over 25 years. Bred from the roots of the California cannabis industry, Shiloh's love, knowledge, and experience will guide the creation of new genetics to support the vertical platform of Kolaboration Ventures.
This acquisition further solidifies KVC's foundation with significant genetic differentiation. Shiloh will use the large cultivation and nursery footprint of KVC as the backbone to breed, select these unique cultivars and bring them to market in a wide variety of consumer products.
This Spring, KVC is excited to share some of these exclusive Massive Creation genetics with "breeder cut" clones offered at all the Farm Stores (https://enjoythefarm.com/).
Massive Creations' genetics will be introduced and highlighted across the KVC Platform and Brand Portfolio, including CoCo Farms, Pacific Reserve, Rio Vista Farms, Ole' 4 Fingers, MyBlueDove, and Don Primo.
"The true art of breeding lies not only in the selection of the finest specimens but also in the profound connection between the breeder's soul and the very essence of the plant. Joining the Kolaboration Ventures' team enables the https://enjoythefarm.com/ retail platform to offer farm-direct strains as unique as our customers, thanks to the cutting-edge infrastructure now supporting our breeding process," said Neil Smith "Shiloh Massive", Massive Creations.
Key Transaction Highlights and Benefits
- Differentiated Genetics - As we continue to develop our breeding program, Shiloh will be able to drive cultivars to suit a wider variety of customer pallets and medicinal needs.
- Increased Terpene and Cannabinoids - KVC to deliver more unique "purpose-based healing" products through expanded terpene and cannabinoid profiles introduced and developed through our breeding programs.
- Increase Cultivation Yields - As we move from F3s and F4s, we will be able to produce stable, unique and desired seed stock which we can cultivate across our platform which will increase yields 20% to 30% on average.
Management Commentary
"We are very excited to have Shiloh join the KVC Team. We want to provide our customers with a true 'California Experience'. This means providing access to affordable quality cannabis, with unique and diverse flavors, highs, and medicinal benefits. Shiloh, with his true passion and love for Cannabis, is the perfect person to create these unique genetics for KVC and our customers. He respects and understands the magic of the plant and is now going to have all the tools needed to bring this magic throughout our vertical platform." - Brook Eagle, Managing Member, Kolaboration Ventures Corporation.
"Shiloh's expertise will differentiate our product line-up, genetics, and evolve the KVC Cultivation Platform. Driving our breeding strategy to the point where all our cultivation sites will be grown from seed. This will make it relatively turn-key to bring the KVC Platform to smaller cannabis markets like Pennsylvania, Michigan, and New York." - Martin Wesley, CEO of Kolaboration Ventures Corporation.
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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