StaffMarch 30, 2023
CEO: Company poised to double size in Illinois within 24 months.
Tag: 4Front Ventures
StaffMarch 30, 2023StaffSeptember 26, 2022
The Daily Hit is a recap of cannabis business news for Sept. 26, 2022. ON THE SITE California Regulator Says Illegal Cannabis Business Should Pay $128 Million California’s cannabis regulation authority wants a group of business owners to pay $128 million in collective penalties for manufacturing and selling unlicensed products in the state for more […]
John SchroyerSeptember 14, 2022
Cannabis industry players hopeful about year ahead, despite continued business challenges and federal inaction.
Adam JacksonAugust 15, 2022
After the market closed on Monday, 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) posted positive results — buoyed by growth from lucrative M&A deals over the past year. The vertical multi-state operator announced its financial results for the second quarter ended June 30, 2022. 4Front delivered approximately $34.5 million in total revenue during the period, versus […]
Debra BorchardtApril 25, 2022
Cannabis investors have seen stock prices tumble even as cannabis companies report increasing sales. Green Market Report recently asked some leaders in the cannabis industry how they felt about the market in general despite the market pessimism. Brandon Pollock, CEO and Co-founder of Theory Wellness Theory Wellness, Inc. is an independently owned and operated vertically […]
Debra BorchardtMarch 30, 2022
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021. The company reported that GAAP revenue increased 68% year-over-year, and 10% sequentially to $28.5 million in the fourth quarter. 4Front did not disclose whether it had a net loss or income for […]
Debra BorchardtNovember 17, 2021
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its financial results for the third quarter ended September 30, 2021 with total revenues of $25.9 million, topping last year’s $12 million for the same time period for a gain of 70%. However, the company experienced a 4% sequential drop in sales from the second quarter. The […]
Debra BorchardtOctober 15, 2021
Viridian Capital Advisors analyst Jonathan DeCourcey is looking into his cannabis crystal ball and says skip 2022 – it’s 2023 that should be the focus for investors. He points out that 2023 will be the first full year with adult-use cannabis sales in the key markets of Connecticut, New Jersey, and New York. He wrote, […]
StaffAugust 4, 2021
After the market closed on Tuesday, cannabis REIT Innovative Industrial Properties, Inc. (NYSE: IIPR)said that it closed on the acquisition of a property in Illinois, and entered into a long-term lease with a subsidiary of 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF). The purchase price for the property was $6.5 million (excluding transaction costs). 4Front is […]
Debra BorchardtMay 24, 2021
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) released its financial results for the first quarter ended March 31, 2021 with total revenues coming in at $22.9 million versus last year’s $12.6 million for the same time period. Net losses increased from $7.7 million in 2020 to $11 million for the first quarter of 2021. 4Front […]
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