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The 1937 Group - The First Minority-Owned, Vertically-Integrated Cannabis Company In Illinois - Secures $17M In Funding

Aug 30, 2022over 3 years ago

Amount Raised

$17 Million

ChicagoCannabisAgriculture and Farming

Description

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 Information

Company

The 1937 Group

Location

S Yates Blvd

Chicago, Illinois, United States

About

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.

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