Grassroots Cannabis raises $90 million to expand its multi-state facilities
Grassroots Cannabis raises $90 million to expand its multi-state facilities
Grassroots Cannabis CEO Mitchell Kahn tells Proactive Investors the privately held Chicago-based cannabis company has raised $90 million, which will be used towards expanding its cannabis production facilities in Maryland, Pennsylvania, and Illinois, as well as M&A activity.
Kahn says with this amount of capital raised, he believes Grassroots to be the largest privately held multi-state cannabis company in the US, and looks to continue to build the business.
