4Front Ventures Corp FFNTF

Primary Symbol: C.FFNT

Healthcare

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.

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4Front Ventures Corp

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Post by Betteryear2on Apr 15, 2024 7:54pm

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Post# 35990620

4Front Ventures Reports Fourth Quarter

FY 2023 Revenue of $97.4 Million, Excluding Discontinued Operations

FY 2023 Adjusted EBITDA1 of $10.1 Million

Appointed Peter Kampian as Chief Financial Officer

Wholesale Revenue Growth in Massachusetts and Illinois: 42% and 75% Year Over Year

Furthers Expansion Strategy in Illinois

PHOENIX, April 15, 2024 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the fourth quarter and full year ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated.

4Front Ventures Reports Fourth Quarter and Full Year 2023 Financial Results (prnewswire.com)