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Cannabis Operator 4Front Ventures Issues Restricted Stock Units Following Credit Facility Announcement
Tuesday, October 24, 2023 - 3:34pm | 565Multi-state cannabis operator and retailer 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced the issuance of restricted stock units (RSUs) in connection with its recent $10-million senior secured credit facility agreement. The Phoenix, Arizona-based company will issue 15.9...
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High Capex, High Rewards: Analyst Looks At Cannabis MSOs' Strategies
Wednesday, October 18, 2023 - 3:16pm | 1244As interest rates climb and regulatory uncertainties loom, decisions on capital expenditures (capex) by cannabis MSOs (Multi-State Operators) become paramount for their future success. Are some MSOs missing out on significant growth opportunities? In his latest analysis, Pablo Zuanic, managing...
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MSO Financial Health: Debt Restructuring Vs. Equity Raises – Analyst Digs Into Spreadsheets
Thursday, September 21, 2023 - 10:55am | 1158The recent equity raises by Canopy Growth (NASDAQ: CGC) and Columbia Care (OTC: CCHWF) have sparked curiosity about which multi-state operators (MSOs) may follow suit. In its latest report, Zuanic & Associates (Z&A) delves into the financial net debt metrics of 20 MSOs to identify potential...
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4Front Ventures' Second Quarter Revenue Increases 1.15% YoY, Here Are The Details
Tuesday, August 15, 2023 - 6:15pm | 406Multi-state cannabis operator and retailer, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) reported its financial results Tuesday for the second quarter ended June 30, 2023, revealing Systemwide Pro Forma revenue of $35.2 million compared to $34.8 million in the same period of 2022. Q2 2023...
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Why Changing Marijuana's DEA Categorization Could Be 'The Most Consequential Action Out Of DC'
Friday, July 21, 2023 - 2:05pm | 491In a recent interview at the Benzinga Cannabis Capital Conference in Miami, Kris Krane, cannabis industry consultant and director of cannabis development for KCSA Strategic Communications, stressed the crucial focus on the presidential administration this year. The founder of 4Front Ventures Corp...
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4Front Ventures Boasts Positive Q1 As It Expands To Illinois & Increases Sales In MA & California
Monday, May 15, 2023 - 10:47pm | 4934Front Ventures Corp.,(CSE: FFNT) (OTCQX: FFNTF) a vertically integrated cannabis operator, and retailer, reported its financial results late Monday for the first quarter that ended March 31, 2023 Main Takeaways 4Front's revenue growth was driven by increased sales in California and...
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4Front Ventures Launches Its Premier California Cannabis Brand In MA, Here Are The Details
Wednesday, September 28, 2022 - 12:42pm | 4674Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced the launch of its premier California cannabis brand, Island Cannabis Co., in Massachusetts. Following the company's acquisition of Island Global Holdings, Inc., a California-based producer of pre-rolls, flowers, and...
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4Front Ventures Reports Financial Results: Accelerates Growth In Massachusetts And California
Monday, August 15, 2022 - 10:56pm | 7884Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced its financial results late Monday for the second quarter ended June 30, 2022. 4Front reported pro forma revenue (non-GAAP measure) was $34.5 million, an increase of...
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4Front Ventures Reports Q1 2022 Financial Results, Declines 8% Sequentially To $26.1M, CEO Optimistic
Monday, May 23, 2022 - 6:32pm | 6384Front Ventures Corp (OTC: FFNTF) , a vertically integrated, multi-state cannabis operator and retailer, announced its financial results for the first quarter ended March 31, 2022. Q1 2022 Highlights Systemwide Pro Forma Revenue increased 7% year-over-year to $32.4 million. GAAP...
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EXCLUSIVE: How Cannabis Companies Thrive In California, 4Front, Lowell, TPCO, Falcon Execs Share Strategies
Saturday, April 23, 2022 - 9:16am | 952California, the largest cannabis market in the U.S. is experiencing challenges such as an overregulated environment, a fractured nature and low profitability. In this context, many wonder how cannabis companies build and become profitable in a market as challenging as California...
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4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update
Wednesday, March 30, 2022 - 8:41pm | 8144Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. Q4 2021 Highlights Systemwide Pro Forma Revenue increased 35% year-over-...
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4Front Ventures Reports Third Quarter Financial Results, Provides Business Update
Wednesday, November 17, 2021 - 6:34pm | 6474Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer with offices in Phoenix, Arizona, announced its financial results for the third quarter ended September 30, 2021, late Wednesday afternoon. Q3 2021 Financial Results Highlights Vs....
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4Front Ventures Brings One Of The World's Largest, Most Efficient Cannabis Manufacturing Facilities to California
Thursday, October 28, 2021 - 4:10pm | 425After being awarded its business license from the City of Commerce, California, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF), a vertically integrated, multi-state cannabis operator and retailer, announced it has commenced operations at one of the largest, most efficient cannabis manufacturing...
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4Front: $30M Sale-Leaseback Deal With Cannabis REIT Will Help Pay Gotham Green Debt
Wednesday, October 28, 2020 - 9:32am | 5304Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is poised to secure some $30 million in financing through a partnership with Innovative Industrial Properties Inc. (NYSE: IIPR). The Phoenix-based company entered into sale-leaseback agreements with the cannabis REIT at its cultivation...
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Vitality Biopharma Hires Investment Bank To Explore M&A, Asset Sale Opportunities
Friday, September 25, 2020 - 12:35pm | 398Drug development company Vitality Biopharma Inc. (OTCQB: VBIO) has tapped financial adviser DelMorgan & Co. to manage a potential sale process. Neil Morganbesser, DelMorgan's President and CEO, said “the right partner — either through M...