AmeriCann gets $10M raise for Massachusetts MMJ project is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends

Denver-based AmeriCann announced that it has secured $10 million in equity financing to help finalize the build-out of a massive Massachusetts medical cannabis cultivation operation.

The financing, from Mountain States Capital, will be mostly used on the company’s “flagship project,” a 1 million-square-foot multi-building MMJ cultivation and processing center in Freetown, 47 miles south of Boston, according to a news release.

The first phase of the project includes a 30,000-square-foot greenhouse, a laboratory and research center, according to the release. Coastal Compassion, a licensed MMJ producer in Massachusetts, will lease all the space completed under the first

AmeriCann gets $10M raise for Massachusetts MMJ project is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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