I would like to open this note by first thanking the entire 4Front team, from our boots-on-the-ground staff in our facilities and at Mission Dispensaries to our leadership team and everyone who has worked hard through the pandemic to make 4Front the prominent company we are today. We are very proud of the progress we have made as a company in 2020 and through the first half of this year.
We are extremely focused on the huge opportunities that are opening up for us in California. We are confident that our low-cost production processes from our Washington facilities will be highly transferable to the Golden State and our distribution partnership with Nabis in addition to other like-minded partners will help us make a big splash in the state. 4Front is also on track to expand its footprint in Massachusetts with a third dispensary in the Town of Brookline. In addition, our “Big Daddy” expansion in Illinois is scheduled to break ground in Q3 of this year, perfectly timed alongside the state’s significant momentum in cannabis sales year-to-date.
As we continue to build out our operations and portfolio across the country, 4Front investors have a lot to look forward to in the coming months and years. The future we are building is bright, and I'm thrilled to be on this successful journey together.
Let's go!
Leo Gontmakher, CEO, 4Front Ventures PRODUCT HIGHLIGHTS
Potential Primate - Funky Monkey
Discover an earthy, strawberry-banana scent carried over into that similar tangy taste with some delayed notes of cream and sugar. Effects are leaning on the sativa side with a nice 'get up and go', energizing feeling. Coming soon to Massachusetts Mission Dispensaries!
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FEATURED NEWS
4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update PHOENIX, May 24, 2021. • Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 • Q1 2021 Adjusted EBITDA of $5.9 million, representing an Adjusted EBITDA Margin of 19% • Reiterated FY2021 guidance for Systemwide Pro Forma Revenue of $170-180 million and Adjusted EBITDA of $40-50 million Read More
4Front Ventures Corp. Receives Unanimous Approval from Brookline Select Board to Begin Operations of Its “Mission Brookline” Dispensary in Massachusetts
PHOENIX, May 24, 2021 / – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”), a vertically integrated, multi-state cannabis operator and retailer, announced it has received unanimous approval from the Brookline Select Board to open the Company’s Mission Brookline adult-use dispensary in Massachusetts.
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4Front Ventures Corp. Partners with Homegrown Detroit to Support Legacy Detroiters’ Equitable Access to the Cannabis Sector PHOENIX, May 13, 2021 – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”), a vertically integrated, multi-state cannabis operator and retailer, announced its retail brand, Mission Dispensaries has partnered with Homegrown Detroit, a city-wide initiative aimed at creating a more equitable, accessible cannabis industry in the City of Detroit. Read More
4Front Ventures Corp. Makes $75,000 Contribution to Elk Grove Village, Illinois to Support Local Community and Its Health and Wellness Initiatives Company to Donate: $30,000 to Assist with Elk Grove Village’s Community Events and Outreach Programs; Additional $15,000 to Go Towards Supporting Alexian Brothers Medical Center’s Foundation, Elk Grove Village Police Drug Education Program and Kenneth Young Youth Center. Read More
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4FRONT IN THE MEDIA
New Cannabis Ventures
CEO, Leo Gontmakher, talks to Carrie Pallardy of New Cannabis Ventures in an exclusive article about 4Front's U.S. footprint, and plans for the California market. Read the full article and listen to Leo's full interview here
Federal Cannabis Legislation Roundup: Summer 2021 Cannabis Business Times, Raj Chander - June 14 “SAFE Banking enjoys the support of the banking industry and many Republicans, so it could be seen as a fallback option should comprehensive legalization ultimately fail,” said Kris Krane, Founder of 4Front Ventures and President of Mission Dispensaries. Read the Full Article Here
Should You Buy This Under-the-Radar Cannabis Stock? The Motley Fool, Zhijuan Sun - May 19 This little-known pot grower is dominating Washington's cannabis market. Read Full Article Here
4Front Ventures | Fireside Chat | Benzinga Cannabis Capital Conference Andrew sits down with Insider Magazine's, Yeji Jesse Lee, for a Fireside Chat at the Virtual Benzinga Cannabis Capital Conference and discusses a multitude of topics on 4Front & the cannabis industry in general. Watch Here
KRIS KRANE'S FORBES COLUMN
The Cannabis Industry Remembers Steve Fox
"..When the history books are written, the name Steve Fox will be among the most recognized as being responsible for ending marijuana prohibition and ushering in the age of legalization. If you have a job in the cannabis industry, you owe that job in part due to Steve and his work. If you’ve ever purchased marijuana legally or smoked a joint made by a legally licensed company, you have Steve Fox to thank for it. Steve may not have sought out the credit he so rightly deserved, so it incumbent on those of us left working on this issue to tell his story and carry on his legacy." Read Kris's full tribute to Steve here
Enjoy Marijuana? Joe Biden Doesn’t Care About You Kris Krane, Senior Contributor Forbes Originally published Mar 26, 2021 Read Full Article Here
You can find recent and archived Forbes articles from Kris here
WATCH AND LISTEN
17 JUN Raising Cannabis Capital
Dan Humiston, host of the PodCONX-produced cannabis investing podcast Raising Cannabis Capital, and CIO Andrew Thut will be discussing all things 4Front and the rapid growth and investment boom of the cannabis industry. See where to watch the podcast here
03 JUN Talking Hedge
Watch Andrew Thut's live interview with Josh Kincaid, Capital Markets analyst and Host of Talking Hedge. Watch episode here
28 MAY Cannabinoid Connect
Andrew Thut sat down with host Kevin Carrillo, and discussed his background, the history of the company and touched on topics such as 4Front in its “2nd half story” in 2021, the evolution of capital markets for cannabis and the importance of low cost production, brands, and the sweet spot of the cannabis value chain. Watch episode here
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