US (CA): Merger adds 124,500 sq ft flower canopy and 110,000 sq ft nursery to production

Kolaboration Ventures Corporation (KVC) has added Pacific Reserve Nursery's cultivation, packaging, wholesale operations, and state-of-the-art light-assist facility to further expand KVC's depth and breadth of products from shelf-ready flowers to manufactured biomass that powers a family of brands for its own retail shelves and statewide distribution in over 300 dispensaries.

Merging with Pacific Reserve Nursery gives KVC the opportunity to scale production while upholding its core value of delivering affordable, fresh, high-quality cannabis. The newly added 124,500-square-foot flower canopy and the 110,000-square-foot nursery have increased throughput overnight. KVC plans to complete the construction at Pacific Reserve operations to add an additional 425,000 square feet of flower canopy at the end of 2022 to meet statewide distribution needs and maintain Farm Direct options for local shops.

"Pacific Reserve is incredibly excited to have joined forces with Kolaboration Ventures. With our integrated teams and vast assets, we will be able to achieve quicker growth while still holding true to our values, quality of product, and cannabis roots," says Brook Eagle, President, Pacific Reserve Nursery. "Pacific Reserve's expertise in the cultivation of AAA-grade quality cannabis in mixed-light and indoor environments keeps KVC's high-grade products affordable for consumers."

"By bringing the years of Pacific Reserve's expertise into the Kolaboration Ventures team, we now have the ability to further develop our product line and keep our AAA-grade Farm Direct quality, enabling us to deliver the freshest product possible at affordable prices for our consumers," said Andrew Wesley, co-founder, Kolaboration Ventures Corporation.

"This merger enables KVC to deliver a broad and compelling offering to our wholesale customers. With our brands on their shelves, they will be differentiated in their markets with a great selection of fresh products at compelling prices," said Martin Wesley, co-founder of Kolaboration Ventures Corporation.

For more information:
Kolaboration Ventures Corporation 
www.kolaborationventures.com 


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