The 1937 Group - The First Minority-Owned, Vertically-Integrated Cannabis Company In Illinois - Secures $17M In Funding
Amount Raised
$17 Million
Round Type
Funding Round
ChicagoAgriculture and FarmingCannabisDescription
The 1937 Group, Ltd. (www.the1937group.com), regarded as the first minority-owned vertically-integrated cannabis company in Illinois, announced it recently secured $17M in new funding. The company closed a binding financing agreement with the private investment group, SGG Enterprises LLC.
Quick answer
The 1937 Group raised $17 Million in a Funding Round round, dated August 30, 2022. The 1937 Group is based in Chicago, Illinois, United States.
- How much did The 1937 Group raise?
- The 1937 Group raised $17 Million in a Funding Round round on August 30, 2022.
- What does The 1937 Group do?
- The 1937 Group, Ltd., is the first minority-owned, vertically integrated cannabis company based in Chicago, and as such, is committed to creating opportunities for others whose voices often get overlooked.
- Where is The 1937 Group based and how big is it?
- The 1937 Group is based in Chicago, Illinois, United States.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Cannabis around the same time
Companies in the same sectors as The 1937 Group that raised within 45 days of this round, from Fundz verified event records.
- NOXX raised $15M (Funding Round) on August 31, 2022.
- Lowell Farms raised $4.2M (Seed) on August 19, 2022.
- Lowell Farms raised $6.6M on August 19, 2022.
- Greenlane Holdings raised $15M (Debt Financing) on August 11, 2022.
- Farmshelf Corp raised $375K (Seed) on October 14, 2022.
- EVEA Farm Management raised $3.1M (Seed) on October 13, 2022.
Who to call at The 1937 Group, and when
A new round usually means The 1937 Group is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day The 1937 Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The 1937 Group, from your own LinkedIn network
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The 1937 Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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