The 1937 Group - The First Minority-Owned, Vertically-Integrated Cannabis Company In Illinois - Secures $17M In Funding
The 1937 Group - The First Minority-Owned, Vertically-Integrated Cannabis Company In Illinois - Secures $17M In Funding
08/30/22, 4:34 PM
Location
chicagoMoney raised
$17 million
Industry
cannabis
agriculture and farming
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.
Company Info
Location
s yates blvd
chicago, illinois, united states
Additional Info
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. The company currently has ownership of several Illinois cannabis licenses, including Retail, Cultivation and Transportation.