Greengro Technologies, Inc. Secures $4 Million Funding Commitment to Build Second igot420 Dispensary in Cathedral City, California
June 08, 2017 at 09:28 pm EDT
Greengro Technologies, Inc. announced it has secured a $4 million funding commitment to build a second igot420 dispensary in Cathedral City,
California. $2 million of that financing has already been received with the remaining $2 million to be drawn down pending advancement of the project's construction schedule. igot420 is a major tenant of Greengro properties. The Cathedral City dispensary follows the commencement of the company's construction of its North Hollywood location, currently about 35% completed. Greengro's GenoBreeding will develop igot420's genetic line utilizing the company's advanced technology to develop and market an evolution of refined cannabis varieties through the incorporation of modern plant breeding technologies.