Kolaboration Ventures announced a record Q1 2023 performance as well as their best 420 performance to date. This impressive performance is a clear indicator that KVC’s approach is the right one in highly competitive cannabis markets. The final metrics came in at 24% EBITDA combined with a 66% Gross Margin, a clear indicator that Kolaboration Ventures (KVC) approach is the right one in highly competitive cannabis markets. 

On 4/20, the most significant cannabis holiday of the year, KVC saw incredible improvements compared to 2022. Customer transactions were up 57%, new customers were up 34%, and gross collections were up 33%. 

Martin Wesley, CEO of Kolaboration Ventures Corporation, said: “We believe our formula to competitive cannabis markets will enable KVC to continue to expand and win up and down the State ” at scale, and when appropriate, take our platform with all the products, brands and infrastructure to dominate smaller cannabis markets like Florida, New York, and Illinois.”