Black Hills Consortium
Investor Data Room
Executive Overview
Key metrics across all 13 entities — live from Supabase
Entities
13
CRM Accounts
18,786
Pipeline Value
$103.2M
V6 Floor Y1
$71.71M
V6 Floor Y5
$291.03M
Partner Cities
9
Dispensaries
13,700
GrowWise TAM
$1.92B
Live Platform Demos
14 entity websites deployed — dashboards query live Supabase data
All dashboards show live data from Supabase — 18,786 real accounts, 278 opportunities. Dashboard access available upon request — contact us.
Financial Model
Revenue projections by entity — V6 floor (conservative)
| Entity | Year 1 | Year 5 |
|---|---|---|
| GrowWise | $59.1M | $197.1M |
| BHC Parent | $2.6M | $10.0M |
| Seed Foundation | $1.5M | $5.6M |
| Outpost Media | $1.2M | $8.5M |
| Seed Academy | $910K | $14.0M |
| Pass Creek Holdings | $520K | $12.0M |
| THE OP | $380K | $1.9M |
| Settle the West | $280K | $4.5M |
| Auric Labs | $200K | $2.0M |
| THE CULT | $150K | $6.0M |
| Grow Campus | $390K | $2.6M |
| AdventureCap Holdings | $82K | $1.2M |
| Delegate Digital | $180K | $1.5M |
| V6 Floor Total | $71.71M | $291.03M |
| V4 Ceiling Total | $439.5M | $1.65B |
GrowWise Pricing Tiers (V4 — Current)
Starter
$699/mo
Single-location, basic needs
Solo
$1,299/mo
Full-featured, one location
Growth
$1,799/loc/mo
Multi-location operators
Enterprise
$2,499/loc/mo
MSO and enterprise accounts
Entity Self-Sufficiency
When does each entity cover its own costs?
Immediately Self-Sufficient (5 entities)
Chamber revenue covers all from Day 1
SaaS margins — profitable Month 2
Internal leases + builder subleases (STR moved to AdventureCap)
Grant revenue exceeds costs from Day 1
STR income from 3 cabins, no staff — lean and profitable
Near-Term Self-Sufficient (2 entities)
Enrollment ramps fill deficit
Sponsorship revenue ramps
Strategically Subsidized (6 entities)
Community anchor — value is foot traffic + brand, not standalone P&L
Pre-convention phase — convention Y3 flips to profitable
Digital services — internal BHC clients provide baseline
Flywheel driver — feeds housing, education, tourism to other entities
Portfolio equity value ($70M+ by Y5) dwarfs operating loss
Cost center — ops under Pass Creek
Capital Allocation
$52M raise distributed across ecosystem
Tiered Raise Strategy
$8M minimum viable → $52M at scale
Bootstrap / Friends & Family
$0.5M–$1M
GrowWise MVP → first 10 paying customers → $50K MRR
Seed Round
$5M–$8M
100 GrowWise customers, campus Phase 1, 3 cities active
Series A
$15M–$20M
National GrowWise expansion, 500+ customers, convention announced
Series B
$25M–$35M
Full 11-entity scale, 1,000+ GrowWise customers, 5+ conventions
Entity Bootstrap Paths
| Entity | Needs Capital? | Why |
|---|---|---|
| GrowWise | $5-8M seed | SaaS infrastructure + first 100 customers |
| BHC Parent | Self-funded | Self-funded from chamber revenue ($2.6M Y1) |
| THE OP | Self-funded | Rent-free Y1 on campus, $380K revenue covers ops |
| Pass Creek | $2-3M | Campus acquisition + Phase 1 build-out |
| Outpost Media | Self-funded | AI-generated content, sponsored by ecosystem |
| Seed Foundation | Self-funded | Grant-funded from Day 1 ($1.5M Y1) |
| Seed Academy | Self-funded | Tuition revenue + grants cover Y1 |
| Settle the West | Self-funded | Program of Seed Foundation, grant-funded |
| Auric Labs | $1-2M | Fund operations + seed investments |
| THE CULT | Self-funded | Events revenue + campus venues, convention Y3 |
| Grow Campus | Self-funded | Cost center under Pass Creek allocation |
| AdventureCap Holdings | Self-funded | Self-funded from STR income ($82K Y1) + property acquisitions |
Grant Pipeline: $1–$3M Y1
$200K-$500K each
USDA Rural Dev, NSF INCLUDES
$100K-$300K
DOE Career Pathways, SD Workforce Dev
$150K-$500K
EDA Planning Grants, SD GOED
$200K-$1M
USDA Rural Business Dev, EDA Technical Assist
AI writes 20+ grant applications per month — 10x human output, personalized per program
Competitive Landscape
Cannabis POS market: $1.92B TAM, 278 POS switches in 2024
| Company | Raised | Valuation / Status | Reach | AI |
|---|---|---|---|---|
| Dutchie | $603M | $3.75B → $400M (-89%) | 6,500 dispensaries | Zero AI |
| Flowhub | $50M | $200M → $23.9M (-88%) | — | Zero AI |
| Treez | $75.5M | 30% CA market share | 12 states | Zero AI |
| BLAZE | $18M | "Herbie" AI (Jan 2026) | 1,000+ dispensaries | Bolt-on AI |
| Sweed | $9.5M | Closest competitor | 2,000 dispensaries | AI-native |
| GrowWise | $0 (pre-raise) | AI-native from Day 1 | 18,786 pipeline | AI-native |
BHC Membership Tiers (Local Businesses)
community Partner
$3,000/yr
Displaces $7,500 in traditional marketing
2.5x value for dollar
ecosystem Member
$7,500/yr
Displaces $20,000 in traditional marketing
3.7x value for dollar
strategic Alliance
$15,000/yr
Displaces $55,000 in traditional marketing
5x value for dollar
Launch Team & AI Leverage
9 staff Y1 — AI does 80%, output of 45
9 Launch Staff
= output of 45 with AI| Role | Entity | Salary |
|---|---|---|
| CEO / Founder | BHC Parent | $400K |
| CTO | GrowWise | $275K |
| VP Programs | BHC Parent | $155K |
| VP Operations | BHC Parent | $155K |
| Lead Engineer | GrowWise | $225K |
| Sales Lead | GrowWise | $185K |
| Community Manager (SD West) | BHC Parent | $145K |
| Community Manager (SD South/North) | BHC Parent | $145K |
| Cafe Manager | THE OP | $145K |
$145K salary floor — every position, barista to CEO. Custer, SD cost of living = $145K here equals $210K+ in Denver.
$7.95M
Revenue / Employee
$2.35M
Y1 Payroll
5x
AI Multiplier
806+
AI Agents Deployed
Scaling Plan
Y1
9
= 45 w/ AI
Launch
Y2
15
= 75 w/ AI
$5M+ MRR
Y3
25
= 125 w/ AI
Convention launch + 5 cities active
Y4
40
= 200 w/ AI
$15M+ MRR + national expansion
Y5
60
= 300 w/ AI
Full ecosystem scale
Partner Cities Network
9 cities across South Dakota and Wyoming — 271 businesses enriched
271
Businesses Enriched
191
Passport Participants
5
Experience Trails
The Ask
$8M minimum viable → $52M at scale
$52M
Capital raise across 13 interconnected entities
Terms
SAFE
Structure
Investor-friendly
Entities
13 companies
Min. Viable
$8M