4Front Ventures Corp Stock Price, News & Analysis

4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF), a multi-state cannabis operator, will report its second quarter financial results for the period ended June 30, 2021, on August 16, 2021, after market close. A conference call will be held at 5:00 p.m. ET for discussing the results and current business trends. Investors can join the call via dial-in or webcast. Since 2011, 4Front has established itself in the cannabis market with over 20 brands and nearly 2,000 products, focusing on delivering value and integrating operations across medical and adult-use markets.

4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) announced the immediate resignation of Co-Founder and President of Mission Dispensaries, Kris Krane, after nearly 11 years. Krane will transition to a strategic advisor role. 4Front has no immediate plans to replace him. CEO Leo Gontmakher praised Krane's contributions to the cannabis industry and expressed gratitude for his leadership. 4Front continues to operate in key cannabis markets, emphasizing its commitment to quality and value-driven products.

4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF) has launched its award-winning Terp Stix™ in Illinois, available in one-gram singles for $25 at the Mission Dispensaries in South Chicago and Calumet City. The product leverages proprietary infusion technology for a smooth consumption experience. Following significant pre-roll sales growth, 4Front aims to capture the Illinois market with affordable, high-quality pre-rolls tailored to consumer preferences. The company plans to expand Terp Stix™ availability to additional dispensaries across Illinois in the coming months.

4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF) has announced a $75,000 donation to Elk Grove Village, Illinois, aimed at enhancing community health and wellness programs. This contribution includes $30,000 for local community events and outreach, and $15,000 each for the Elk Grove Village Cares Program, the Police Drug Education Program, and the Kenneth Young Youth Center. The donation aligns with 4Front's development agreement for its cultivation and manufacturing facility in Elk Grove Village, emphasizing its commitment to community service and public health initiatives.

4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) announced its executive team's participation in two major conferences on June 3-4, 2021. The Piper Sandler 41st Annual Consumer Marketplace Conference will feature small group and one-on-one investor meetings. Additionally, Andrew Thut, Chief Investment Officer, will engage in a fireside chat during the Benzinga Cannabis Capital Conference on June 4, 2021, at 4:15 p.m. ET. 4Front, a multi-state cannabis operator, offers over 25 cannabis brands and operates in several states including Illinois and California.

4Front Ventures Corp. reported a Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, a 26% increase from Q4 2020. The adjusted EBITDA was $5.9 million, with a margin of 19%. The company reiterated its FY2021 guidance, anticipating $170-$180 million in revenue and $40-$50 million in adjusted EBITDA. Long-term projections suggest potential revenue of $650 million and EBITDA of $250 million from existing licensed projects. Operational expansions are underway in California, Massachusetts, and Illinois, with a new facility set to open in Q2 2021.

4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF) announced that the Brookline Select Board has unanimously approved its Mission Brookline adult-use dispensary in Massachusetts. The Town of Brookline has granted the dispensary's Certificate of Occupancy, allowing it to move forward. Once the Massachusetts Cannabis Control Commission gives final approval, the location will serve adults 21 and over, initially offering online appointment pickups. 4Front plans to provide a diverse range of cannabis products and is currently hiring staff for the new location.

4Front Ventures Corp. (CSE: FFNT; OTCQX: FFNTF) will report its first quarter financial results on May 24, 2021, after market close. The update will be discussed in a conference call at 5:00 p.m. ET. 4Front, a multi-state cannabis operator, offers over 25 brands, including Marmas and Crystal Clear, across key states like Illinois and Massachusetts. The call can be accessed by dialing specific numbers, and it will be available for replay until May 31, 2021. For further updates, interested parties can sign up for their newsletter.

4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) will participate in the Canaccord Genuity Virtual Cannabis Conference on May 11, 2021. Andrew Thut, the Chief Investment Officer, will join a panel discussion at 12:00 p.m. ET. The company is a national multi-state cannabis operator known for mass-produced, low-cost quality branded cannabis products, including over 25 brands such as Marmas and Crystal Clear. 4Front operates across several states including Illinois, Massachusetts, and California.