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Preheat the oven to 350 degrees F. Line a large baking sheet with parchment paper and set off to the side.
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Add the oats, coconut chips, shredded coconut, chia seeds, cinnamon, salt, and cocoa powder to a large mixing bowl. Mix to combine.
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Combine the butter, coconut oil, honey, and sugar in a medium skillet. Heat over medium while stirring occasionally until the sugar melts and the mixture begins to bubble. Remove from heat and stir in the vanilla.
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Pour the sugar mixture over the oat mixture and mix until every bit is coated. Transfer the granola to the prepared baking sheet. Spread the granola out in one even layer. Bake for 15 minutes, remove, stir, and then bake for another 15 minutes.
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Let the granola completely cool before eating.