FFNT Profile
- Sector: Process Industries
- Industry: Agricultural Commodities/Milling
4Front Ventures Corp. operates as a retail and brand development company in the cannabis sector. It operates through the following divisions: Brightleaf, Mission, and Pure Ratios. The Brightleaf division oversees cultivation and manufacturing facilities in Washington, Illinois and Massachusetts. The Mission division owns, operates, and manages retail locations. The Pure Ratios division sells wellness products. The company was founded in 2011 and is headquartered in Phoenix, AZ.
Recent News
4Front Ventures Receives Approval to Begin Construction of Mission Dispensary in Brookline, Massachusetts
PHOENIX, Jan. 25, 2021 /CNW/ – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company“) continues to expand in the Massachusetts market and is pleased to announce that it received approval from the Brookline, Massachusetts Planning Board to start the construction of a new Mission branded dispensary. The location will initially serve adult-use customers and is on track to open […]
4Front Ventures Completes Sale-Leaseback Transaction Generating Proceeds of $33 Million
– 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) is pleased to announce it has completed the sale and leaseback of its cultivation and production facilities in Olympia, WA and Georgetown, MA (the “Transaction”) with an affiliate of Innovative Industrial Properties, Inc., (NYSE: IIPR) (“IIP”). This previously announced Transaction generated proceeds of US$33 million which were used by […]
4Front Announces Third Quarter 2020 Results and Business Update
Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from operations in August Company sale leaseback transaction with Innovative Industrial Properties scheduled to close within two weeks. As a result of close, together with proceeds from the recently closed bought deal financing, the Company will have $16 million of […]
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