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Cannabis Movers & Shakers: Culta, Uncle Bud's, MJ Holdings, 4Front
Friday, September 25, 2020 - 9:05am | 765Here's a summary of the latest corporate shake-ups in the cannabis industry. Sales Veteran Jonathan Lassiter Joins Culta Cannabis brand Culta welcomed Jonathan Lassiter to its ranks, appointing him vice president of sales for its retail channel. The Silver Spring, Maryland-based...
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4Front Sells Assets For $18M To Pay Down Debt, Exits Maryland And Pennsylvania
Friday, May 1, 2020 - 11:35am | 380In a bid to reach cash flow positivity in the second half of 2020, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) agreed to sell its non-core retail licenses in Maryland and Pennsylvania. The sale is expected to net Vancouver, Canada-based 4Front $18 million in cash. Pending regulatory...