The 1937 Group is a Chicago, IL-based, minority-owned, vertically integrated cannabis company led by CEO Ambrose Jackson. It serves as a parent company for multiple licensed Illinois cannabis businesses, including a 52,000 sq ft cultivation operation currently under construction. Its operating portfolio includes a retail dispensary (Parkway Dispensary) and a cannabis transportation company (Highwaymen Security). The company is pursuing an additional Craft Grow license and four more Illinois retail dispensary licenses. The Group plans to use new capital to build out current assets and to buy and build additional Illinois-based cannabis establishments. The business focuses on expanding its licensed footprint and completing construction of Helios Labs.

Total raised

$17M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2022