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Chicago Atlantic Commits $150 million to New York Social Equity Cannabis Investment Fund
Business, Cannabis David Pejovic Business, Cannabis David Pejovic

Chicago Atlantic Commits $150 million to New York Social Equity Cannabis Investment Fund

New York Governor Kathy Hochul announced on June 30 that Chicago Atlantic Admin LLC has committed an investment of $150 million in the state’s Social Equity Cannabis Investment Fund. The funds will be disbursed as low-interest loans and provide hope for needed financing for justice-impacted individuals leading companies that have received Conditional Adult Use Retail Dispensary (CAURD) licenses.

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