The deal gives Cresco $100 million and access to another $100 million. The company already raised nearly $100 million by doing sale-leaseback transactions of its three Illinois cultivation facilities.

“The proceeds from the loan will be used to fund the expansion of operations in Illinois, closing and integration costs associated with pending acquisitions, and other strategic growth initiatives in key markets,” CEO Charlie Bachtell said in a statement.

Cresco said the money is coming from "a broad syndicate of lenders, including U.S. based institutional investors."

Cresco is one of several Chicago-based marijuana companies that are among the biggest players in the marijuana industry. It has licenses in 11 states.