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Cannabis Company Bets On This Top Weed State Where Revenue Tripled YoY
Tuesday, November 21, 2023 - 12:25pm | 5774Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its third quarter financial results on Monday for the three months ended Sept. 30, 2023, revealing an 18% year-over-year drop in revenue. However, in Illinois the company’s wholesale revenue nearly tripled over the same period,...
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Cannabis MSO Secures $10M Credit Facility To Fund Expansion In This Top Weed Market
Tuesday, October 17, 2023 - 9:07am | 7264Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has entered into a $10 million senior secured credit facility agreement with ALT Debt II, LP, an affiliate of Altmore Capital. What Happened The funds will be disbursed in two tranches and are committed to building out the company's retail...
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Exclusive: 4Front Ventures Teams Up With The Weldon Project To Push For Federal Cannabis Reform
Tuesday, September 26, 2023 - 7:41am | 558Vertically-integrated cannabis company 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is partnering with The Weldon Project, a non-profit dedicated to driving social change and furthering federal cannabis reform and supporting those incarcerated for nonviolent cannabis-related offenses...
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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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4Front Ventures Announces Update To Senior Management Team
Monday, August 7, 2023 - 7:49am | 5324Front Ventures Corp. (OTCQX: FFNTF) (CSE:FFNT) announced that Keith Adams, CFO, has ended his tenure with the company effective July 31, 2023, to pursue other opportunities. Nicole Frederick will assume the position of CFO on an interim basis in addition to her current role as director of external...
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Exclusive: Bay Staters Can Now Buy Limited Edition 5Mg THC Per Gummy Edibles And More From 4Front
Thursday, June 29, 2023 - 4:19am | 439Vertically integrated cannabis company, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is expanding its award-winning brand portfolio in Massachusetts with several launches. With this expansion, Bay Staters could enjoy a new live resin line from the company’s California...
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4Front Ventures Signs Non-Binding Term Sheet For Extension Of Senior Secured Debt
Monday, May 8, 2023 - 8:03am | 6244Front Ventures Corp. (CSE:FFNT) (OTCQX: FFNTF) has entered into a non-binding term sheet with its senior secured lender, LI Lending, LLC to extend the maturity date, reduce the interest payable, and expand the third-party financings available under the December 17, 2020 amended and restated loan...
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4Front Ventures FY22 Revenue Grows 13%, What About Net Loss?
Friday, March 31, 2023 - 10:47am | 4804Front Ventures Corp. (CSE:FFNT) (OTCQX: FFNTF) FY 2022 revenue increased 13% year-over-year to $118.5 million. FY 2022 Highlights Gross profit was $41.1 million compared to $49.4 million in FY 2021. Net loss was $46.9 million compared to $38.3 in FY 2021. Adjusted EBITDA of $27.7 million as...
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Exclusive: 4Front Expands Its Product Portfolio In Massachusetts Ahead Of Holiday Season
Friday, December 16, 2022 - 8:35am | 6614Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is expanding its Island Cannabis Co. portfolio in Massachusetts, launching multiple new product lines, including new Island Flower varieties, along with prerolls and mini prerolls in single-strain and infused varieties. The newly launched products...
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4Front Ventures: Q3 Revenue Increases 14% Sequentially To $32.5M
Monday, November 14, 2022 - 6:41pm | 8354Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its financial results for the third quarter that ended September 30, 2022 ("Q3 2022"). Q3 2022 Highlights Systemwide Pro Forma Revenue totaled $37.3 million representing a 9% increase from the second quarter of 2022 ("...
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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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EXCLUSIVE: 4Front Launches Island Cannabis Brand In This State With New Flower Strains
Monday, September 26, 2022 - 6:13am | 4184Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is launching its premier California cannabis brand, Island Cannabis Co. in Massachusetts. The move follows the acquisition of the producer of pre-rolls, flower and concentrate products in April. Since then, the company has been cultivating the 11 new...
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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: 4Front Ventures Buys California Producer Of Cannabis Pre-Rolls & Flower
Tuesday, April 26, 2022 - 7:30am | 309Cannabis retailer 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has closed the purchase of Island Global Holdings, Inc., a California-based producer of pre-rolls, flower and concentrate products. The terms of the deal, previously announced in March, remained undisclosed. Why It Matters? The...