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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

Post by ScreenName1on Dec 06, 2018 1:51am
177 Views
Post# 29073849

Beacon includes Cannex as 1 of 7 winning cannabis stocks

Beacon includes Cannex as 1 of 7 winning cannabis stocksLink to article

Last but not least is Cannex which Stanley and Cooper rate a “Buy” with a C$1.80 target, representing a 114 percent return. Beacon likes the company recently announced pending transaction with 4Front Ventures to become the newest multi-state operator with stakes in Washington, Massachusetts, Illinois, Pennsylvania and Maryland. Stanley and Cooper call it “a merger between a company with a growing footprint (4Front) and one with operational expertise (Cannex, whose underlying business is generating $50 million in sales at an ~30% EBITDA margin).”
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