Prior to co-founding Archytas Ventures, Mr. Kivitz was a Managing Partner at Alta Verde Group, a company he co-founded to acquire distressed real estate assets resulting from the housing market crash in 2008. He successfully grew the firm to over $50 million in annual sales, and was recognized as the #3 Fastest Growing Private Company in 2015 by The LA Business Journal. David was responsible for overseeing all deal acquisitions, asset management, and financial guidance for the company and its subsidiaries. During his tenure at Alta Verde Group, Mr. Kivitz structured and closed in excess of $250 million of land financing, debt, and equity to achieve scale for the company.
We are very pleased to be able to provide additional leasing solutions for CBD LLC and executed on this transaction in a very short manner. The new leases will allow CBD to expand its production capabilities and increase manufacturing capacity and downstream capability. As our customers continue to grow, we will be there to support them with their equipment needs.29 March 2021
We are happy to continue to support PharmaCann - one of the largest vertically integrated cannabis companies in the country. The equipment recently purchased will be used in their operations in Pennsylvania and Illinois. Importantly, PharmaCann has a growing footprint in six states, including cultivation, manufacturing, distribution and retail locations, and we are well-positioned to grow alongside them as the partner of choice for all of their equipment financing needs.29 March 2021
We are excited to work with a tenured business, like Maggie's Farm. Maggie's has grown consistently over the past eight years in the mature Colorado market, and this lease will allow them to further automate their business and serve their customer base in their well-located retail stores across Southern Colorado. We look forward to supporting Maggie's through this lease and future opportunities.29 March 2021