Cannabis Brand 1906 Raises $18 Million In Funding

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DENVER , Oct. 28, 2019 /PRNewswire/ — 1906 , one of the most recognized and fastest-growing brands in cannabis today, announced that it closed $18 million in its most recent capital raise. The round was led by Navy Capital and included a range of institutions, high net worth individuals and 1906’s existing investors. 1906 will use the investment to fund the company’s launch in the additional states of Illinois , Massachusetts , and Michigan .

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