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4Front Ventures Corp CNXXF


Primary Symbol: C.FFNT Alternate Symbol(s):  FFNTF

4Front Ventures Corp. is a vertically integrated, multi-state cannabis operator and retailer with operations in Illinois and Massachusetts and facilities in Washington. The Company manufactures and distributes a portfolio of over 25 cannabis brands including Mission, the Hunt, Marmas, Crystal Clear, Legends, and Island. The Company distributes its products through third party retail outlets, as well as the Company's chain of branded dispensaries. It operates through two segments: THC Cannabis and CBD Wellness. THC Cannabis segment consists of five dispensaries and four production and cultivation facilities across Illinois and Massachusetts. Also, as part of its THC Cannabis segment, the Company leases real estate, sells equipment and supplies, and licenses intellectual property to cannabis producers in the state of Washington. Its dispensaries are branded under the MISSION retail brand. The Company’s CBD Wellness segment sells non-THC hemp derived products across the United States.


CSE:FFNT - Post by User

Comment by icanninveston Oct 16, 2018 11:35am
115 Views
Post# 28810279

RE:Spoke to anthony

RE:Spoke to anthonyI also spoke to Anthony and was told the same thing.  ElQuatro:  there is a valuable lesson here if you're open to it?  Rather than shitposting on a message board, you can do a bit of actual dd in the real world.  Most companies, especially young companies, have fairly open lines of communication.  A five minute conversation with an Exec of a young company can be invaluable in deciding whether to back a microcap start up.

In this case, I was disappointed to here the response provided on Jetty.  Based on what I heard, it seems this deal should have been terminated months ago.  I also wasn't bowled over by the response I got to my "what's next?" question.  It certainly seemed like there were no other deals on the immediate horizon that could catalyze a turn around.

This company's traded and raised cash on the assumption that it was about to be a multi-state West Coast player.  That just fell apart.  Now they are a single state player in a fairly mature market--meaning not a lot of upside growth potential.  The comparisons I'm seeing to GTI on here are laughable.  Compare GTI's projected revenue ramp in 2019 with Cannex NWCS projections.  There's a reason they're in different leauges.
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