Retrieved on:
Wednesday, April 24, 2024
PHOENIX, April 24, 2024 /PRNewswire/ - 4Front Ventures Corp .
Key Points:
- PHOENIX, April 24, 2024 /PRNewswire/ - 4Front Ventures Corp .
- (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced that it has authorized the issuance of certain securities in consideration for services provided by consultants, directors, and officers.
- Further, the Company has agreed to issue 5,483,600 purchase warrants convertible into SVS (each a "Warrant") to settle debt owed to a service provider.
- Each Warrant will be exercisable at US$0.07 into one SVS for a period of 4 years upon the satisfaction of specified commercial milestones.
Financial management,
Conversation,
Venture,
Investment,
Crystal,
THC,
Quality control,
FY,
Headwinds,
Lighting,
Cannabinoid,
Brand extension,
Adjustment,
Electric power,
Crystal Clear,
HVAC,
Golden Joystick Awards,
GAAP,
Growth,
Q4,
Management "As the new CEO of 4Front Ventures, I'm thrilled to take the helm at such a pivotal juncture for our company.
Key Points:
- "As the new CEO of 4Front Ventures, I'm thrilled to take the helm at such a pivotal juncture for our company.
- Having navigated the many challenges of 2023, I couldn't be more excited to turn the page to 2024," said Andrew Thut, CEO of 4Front Ventures.
- Peter Kampian has been welcomed aboard 4Front Ventures as the new Chief Financial Officer, starting December 1, 2023.
- Revenue was $ 21.0 million for Q4 2023, down 21% from the fourth quarter of 2022 ("Q4 2022"), and $97.4 million for FY 2023, a decrease of 10% from the prior year.
Retrieved on:
Wednesday, March 27, 2024
PHOENIX, March 27, 2024 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated multi-state cannabis operator and retailer, will report its financial and operating results for the fourth quarter and full year ended December 31, 2023, on Monday, April 15, 2024, after market close.
Key Points:
- PHOENIX, March 27, 2024 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated multi-state cannabis operator and retailer, will report its financial and operating results for the fourth quarter and full year ended December 31, 2023, on Monday, April 15, 2024, after market close.
- The Company will host a conference call to discuss the results and provide an update on current business trends on April 15, 2024, at 5:00 p.m. Eastern Time.
(CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, proudly expands its vape product portfolio with the introduction of Crystal Clear Blast in Massachusetts and Illinois.
Key Points:
- (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, proudly expands its vape product portfolio with the introduction of Crystal Clear Blast in Massachusetts and Illinois.
- "We're excited about reaching critical milestones, such as the imminent opening of the Norridge store and the progress at our Matteson facility, highlighting our expansion in Illinois.
- 4Front is thrilled to introduce Crystal Clear Blast to consumers in Massachusetts and Illinois, reaffirming its commitment to innovation and quality.
- Crystal Clear Blast will become available at Mission Dispensaries in Illinois and Massachusetts this Friday, March 22nd.
Retrieved on:
Tuesday, February 20, 2024
Introduces new Premium Flower Brand Mission Cannabis: now available at all Mission Dispensaries in Massachusetts and coming soon to Illinois
Key Points:
- Introduces new Premium Flower Brand Mission Cannabis: now available at all Mission Dispensaries in Massachusetts and coming soon to Illinois
PHOENIX, Feb. 20, 2024 /PRNewswire/ - 4Front Ventures Corp .
- (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today is proud to announce the launch of Mission Cannabis, its marquee flower brand.
- Andrew Thut, CEO of 4Front Ventures, shared his excitement about the signature brand: "At 4Front, we continually aim to innovate and command the market by delivering high-caliber, customer-oriented cannabis products.
- Mission flower provides a balanced cannabis experience that does not compromise on quality or affordability."
Cannabis,
Hobby Lobby,
DLC,
Genetics,
Ulta,
HVAC,
Nordstrom Rack,
Kohl's,
Sale,
AT&T,
Old Navy,
Landing slot,
Retail (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, is proud to announce it has reached two key milestones in its growth strategy.
Key Points:
- (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, is proud to announce it has reached two key milestones in its growth strategy.
- Firstly, the Company has successfully activated electrical power at its 250,000 square foot flagship facility in Matteson, Illinois ("Matteson Facility"), marking a major step in its expansion within the state's burgeoning cannabis market.
- Secondly, 4Front is on track to further strengthen its retail presence in Illinois with the anticipated opening of its third in-state dispensary in Norridge by the end of the quarter.
- "Our Matteson facility vastly expands our operational capabilities in Illinois, which will cement 4Front as a leading cultivator and manufacturer within the state," stated Andrew Thut, Chief Executive Officer of 4Front.
Retrieved on:
Wednesday, January 31, 2024
The terms of the remaining loan balance with the Lender (the "Loan") remained unamended.
Key Points:
- The terms of the remaining loan balance with the Lender (the "Loan") remained unamended.
- "The confidence LI Lending has shown in our business through the culmination of this transaction has been incredibly encouraging," said Andrew Thut, CEO of 4Front Ventures.
- The reduction of senior secured debt and associated debt service payments provides significant financial flexibility as we prepare for the future and focus on delivering sustainable and profitable growth while driving our company to be an industry leader.
- With this momentum and several potential transformational industry milestones ahead, we believe we are entering an exciting new era for both 4Front and the U.S. cannabis industry as a whole."
The terms for the remaining loan balance of $USD 28,700,000 will be unamended, and the interest rate will remain at 12%.
Key Points:
- The terms for the remaining loan balance of $USD 28,700,000 will be unamended, and the interest rate will remain at 12%.
- The Amendment is subject to requisite third-party concessions and approvals, including regulatory approval from the Canadian Securities Exchange.
- As demonstrated clearly by the conversion of this debt to equity, I and the investors of LI Lending are fully committed to the success of 4Front."
- His proven leadership and commitment to the Company will enable him to guide 4Front through its next chapter and help drive long-term value for our shareholders."
Retrieved on:
Monday, December 11, 2023
Launch Brings Bay State Consumers Rare, Limited & Small-Batch Phenotypes Featuring Continuously Updated Strains of Packaged Flower and Pre-Rolls
Key Points:
- Launch Brings Bay State Consumers Rare, Limited & Small-Batch Phenotypes Featuring Continuously Updated Strains of Packaged Flower and Pre-Rolls
PHOENIX, Dec. 11, 2023 /PRNewswire/ - 4Front Ventures Corp .
- (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced the launch of cannabis flower brand, The Hunt , expanding the Company's brand portfolio in Massachusetts and adding to its growing offering of high quality, affordable flower.
- "The Hunt pays homage to legacy genetics, delivering a premium consumer experience," said Andrew Thut, 4Front Chief Investment Officer .
- Thut continued, "Over the past quarter we continued to strengthen our presence in Massachusetts, introducing various premium flower offerings in the state.
Retrieved on:
Wednesday, November 29, 2023
PHOENIX, Nov. 29, 2023 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced that Peter Kampian has been appointed Chief Financial Officer ("CFO"), effective December 1, 2023.
Key Points:
- PHOENIX, Nov. 29, 2023 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced that Peter Kampian has been appointed Chief Financial Officer ("CFO"), effective December 1, 2023.
- Kampian will employ his wealth of experience in the financial sector to elevate the Company's finance and accounting functions.
- Most recently, he has applied his expertise as the Chief Restructuring Officer for the Canadian cannabis companies PharmHouse Inc. and Muskoka Grown Limited.
- For more information about 4Front Ventures Corp.'s leadership team, products and services, please visit https://4frontventures.com/ .
