MAKR Venture Fund is uniquely positioned to serve as the strategic platform connecting three complementary assets into a vertically integrated ecosystem: 190 Ranch Holdings (cannabis cultivation + luxury hospitality), LTH Travel Holdings (luxury travel distribution), and a smart LED/AgTech consolidation (greenhouse technology infrastructure).
MAKR already has a signed term sheet with LTH. The relationships between all parties already exist. What's missing is the capital deployment that activates everything — and that happens when MAKR's fund closes.
190-acre cannabis farm + luxury resort in Costa Rica. EU-GMP pharmaceutical grade. Global expansion planned — Colombia, Amsterdam, beyond.
Luxury travel platform — booking, content, influencer-driven distribution. Proven high-net-worth travel segment. Needs recapitalization + working capital.
Sollum + Fohse + Agnetix consolidation. Smart LED grow lights for horticulture. $7B combined market growing 23% CAGR. Fragmented — no player above 10% share.
MAKR and LTH already have a signed term sheet executed November 18, 2025. The key terms:
Series Seed Preferred Stock
Post-money equity stake
Including 10% employee option pool
Fully diluted
| Term | Detail |
|---|---|
| Board Seat | MAKR appoints 1 Preferred Director |
| Liquidation Preference | 1x non-participating (converts pro rata after 1x return) |
| Protective Provisions | MAKR veto on M&A, new equity, debt above $100K, exec compensation changes |
| Anti-Dilution | Weighted average |
| Pro Rata Rights | MAKR maintains 25% in future rounds |
| Drag-Along | Yes — MAKR can force a sale |
| QPO Threshold | $35M+ IPO triggers mandatory conversion |
| Commitment Fee | 2% ($50,000) |
| Condition to Close | Closing of MAKR funding round |
This term sheet is signed by both parties. The ONLY condition preventing execution is the closing of the MAKR fund. The deal structure, valuation, and governance terms are agreed.
190 Ranch acquires LTH Travel Holdings, cleaning the current cap table and consolidating ownership. This creates a single entity with both the physical hospitality assets (190 Ranch properties) and the digital distribution platform (LTH). Price to be negotiated within the proposed range.
Post-acquisition, MAKR deploys $2.5M into LTH as working capital per the signed term sheet. MAKR receives 25% equity, a board seat, protective provisions, and anti-dilution protection. This capital funds the relaunch: AI-powered booking, marketing automation, and high-net-worth travel segment expansion.
PureBrain, a MAKR portfolio company (built by Pure Technology), becomes the AI backbone for LTH operations — intelligent booking, automated marketing, customer service, and operational compliance. Deployed at portfolio pricing, not market rates. This is the AI integration the 190 Ranch/LTH vision document already identified as a priority.
MAKR is structuring the consolidation of Sollum, Fohse, and Agnetix — three smart LED grow light companies. If this deal proceeds, 190 Ranch becomes a preferred customer with portfolio-level pricing for all greenhouse lighting infrastructure. This reduces 190 Ranch's cost of production and ensures access to best-in-class grow technology.
Every resort or hospitality property 190 Ranch builds globally gets marketed, booked, and distributed exclusively through LTH. Costa Rica is the flagship proof-of-concept. Colombia, Amsterdam, and future properties follow. LTH's content + influencer + high-net-worth network drives demand to 190 Ranch's physical supply.
Through MAKR Multiplier, 190 Ranch's resort expansion connects to MAKR's existing global smart city and infrastructure pipeline. Active relationships in Colombia, the Philippines, Central America, and the Middle East. These aren't hypothetical — they're projects with capital already committed by other investors. 190 Ranch gains access to warm introductions and co-investment opportunities in each geography.
Each entity plays a distinct role, and each feeds the others:
| Entity | Role in Ecosystem | Revenue Driver |
|---|---|---|
| 190 Ranch Holdings | Physical assets — farms, resorts, real estate development | Cannabis production (EU-GMP pharma), hospitality revenue, property appreciation |
| LTH Travel Holdings | Distribution — content, booking, brand, customer acquisition | Booking commissions, media/content licensing, influencer partnerships |
| LED/AgTech (Consolidated) | Technology infrastructure — smart lighting for greenhouses | Hardware sales, SaaS monitoring, retrofit services, data analytics |
| PureBrain (Pure Technology) | AI backbone — operations, compliance, automation | Platform licensing, integration fees, operational savings |
| MAKR Venture Fund | Capital + orchestration — connects all entities, provides governance | Management fees, carry, portfolio synergies, co-investment |
190 Ranch grows the product and builds the resorts. LED/AgTech provides the smart infrastructure. LTH drives demand and distribution. PureBrain automates operations across the entire stack. MAKR sits at the center — capital, governance, and global pipeline access. No single piece works as well in isolation as it does connected.
Agree on final acquisition price within the $1M — $2.5M range for 190 Ranch Holdings to acquire LTH. Cap table cleanup is the priority.
Confirm the existing signed term sheet terms remain acceptable post-acquisition: $2.5M for 25%, board seat, protective provisions.
LTH as exclusive hospitality distribution partner for all 190 Ranch properties globally. Formal agreement to be drafted.
Agreement to deploy PureBrain as the AI technology layer for LTH operations (booking, marketing, compliance, customer service).
The MAKR fund close is the trigger event. Once the fund closes, the $2.5M LTH investment executes per the existing signed term sheet. All other pieces — PureBrain deployment, LED/AgTech preferred pricing, global expansion introductions — activate in parallel. The structure is ready. The capital deployment is what starts the engine.