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Marijuana operator gets $22M in loans from Minnesota governmental agencies

MJ Biz Daily

Hwy35, a Missouri-based marijuana operator, secured $22 million in funding from two state agencies in Minnesota as well as a municipality.

The money will be used “to establish a state-of-the-art cannabis cultivation and manufacturing facility” in Grand Rapids, Minnesota, according to a document posted online by one of the lenders, the state’s Iron Range Resources & Rehabilitation Board (IRRRB).


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