STOCK TITAN

4Front Ventures Corp. to Open Its Third Dispensary in Massachusetts

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

4Front Ventures Corp has received a commencement letter from the Massachusetts Cannabis Control Commission, allowing it to open its third dispensary, Mission Brookline, on August 21 at 10 am. This new location, situated in the Allston Innovation Corridor, will serve adults 21 and older by appointment only. The company aims to provide a wide range of cannabis products, leveraging its established brands and retail expertise. With existing dispensaries in Georgetown and Worcester, 4Front is poised to enhance its market presence in Massachusetts.

Positive
  • Received commencement letter from Massachusetts Cannabis Control Commission.
  • Opening third dispensary, Mission Brookline, to expand market presence.
  • Located in vibrant Allston Innovation Corridor, enhancing customer access.
  • Diverse product offerings including popular brands like Funky Monkey™ and Crystal Clear™.
Negative
  • None.

Company Receives Commencement Letter and Unanimous Approval from Massachusetts Cannabis Control Commission to Open Mission Brookline

New Storefront to Initially Begin Serving Adults 21 Years and Older by Appointment Only on August 21st at 10 am

4Front Logo (CNW Group/4Front)

PHOENIX, Aug. 16, 2021 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, announced it has received its commencement letter from the Massachusetts Cannabis Control Commission ("CCC"), which will enable the Company to open its third dispensary in the commonwealth.

4Front will open its third dispensary in the commonwealth, Mission Brookline, to serve adults 21 years and older in the Allston Innovation Corridor, a vibrant community within the wider Boston University and Boston metropolitan area. (CNW Group/4Front)

Mission Brookline will initially begin serving adults 21 years and older in the Allston Innovation Corridor, a vibrant community within the wider Boston University and Boston metropolitan area, via online appointments and in-store pickup on Saturday, August 21st at 10 am. Located  at 1024 Commonwealth Ave. in Brookline in Norfolk County, the Company's new storefront is located in one of the largest towns in New England that is also a highly desirable place to live, due to its proximity to job opportunities, public transportation, school systems, and livable neighborhoods that balance green space, historic preservation and outstanding commercial services.

"We want to thank the Massachusetts Cannabis Control Commission for awarding us final approval of our third dispensary in the commonwealth," said Derek Stewart, Vice President of Retail Operations, Mission Dispensaries, Massachusetts. "We look forward to serving this vibrant community from our new storefront in Brookline, which is surrounded by the City of Boston on three sides and located in a mature suburban, residential community with urban characteristics. We also believe Mission Brookline will help us accelerate our growth as we continue to bring our high standards, low-cost cultivation and production methodologies and build out our capabilities in Massachusetts in the year ahead."

Upon opening Mission Brookline will offer its existing suite of products such as Funky Monkey™, Legends™, Marmas™, Crystal Clear™ and Hi-Burst™, which have been widely embraced in Massachusetts, Washington and Illinois. The new storefront will also carry a full line of consumer-demanded flower, extracts, edibles, vaporizers, cartridges, batteries, ancillary products and merchandise. Mission's expertly trained staff will also be available to ensure an informative, welcoming and inclusive experience for all consumers.

Having previously received approval for medical and adult-use cannabis sales at its Mission facilities in Georgetown, 4Front already has a strong foothold in Massachusetts. 4Front's Mission Worcester dispensary, along with the Company's cultivation/processing facilities in Worcester, Massachusetts, were also granted authorization to commence adult-use retail and production operations in September 2020.

For more information, visit https://4frontventures.com/ and https://missiondispensaries.com/.

About 4Front Ventures Corp.

4Front Ventures Corp. ("4Front" or the "Company") (CSE: FFNT) (OTCQX: FFNTF) is a national, vertically integrated multi-state cannabis operator who owns or manages operations and facilities in strategic medical and adult-use cannabis markets, including California, Illinois, Massachusetts, Michigan and Washington. Since its founding in 2011, 4Front has built a strong reputation for its high standards and low-cost cultivation and production methodologies earned through a track record of success in facility design, cultivation, genetics, growing processes, manufacturing, purchasing, distribution, and retail. To date, 4Front has successfully brought to market more than 20 different cannabis brands and nearly 2,000 unique product lines, which are strategically distributed through its fully owned and operated Mission dispensaries and retail outlets in its core markets. As the Company continues to drive value for its shareholders, its team is applying its decade of expertise in the sector across the cannabis industry value chain and ecosystem. For more information, visit https://4frontventures.com/.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/4front-ventures-corp-to-open-its-third-dispensary-in-massachusetts-301355563.html

SOURCE 4Front

FAQ

When will 4Front Ventures open Mission Brookline?

4Front Ventures will open Mission Brookline on August 21 at 10 am.

What products will be offered at the new dispensary Mission Brookline?

Mission Brookline will offer products including Funky Monkey™, Legends™, and various edibles and extracts.

What is the significance of Mission Brookline's location?

Mission Brookline is located in the Allston Innovation Corridor, a desirable area close to Boston, enhancing its accessibility.

How many dispensaries does 4Front Ventures operate in Massachusetts?

4Front Ventures operates three dispensaries in Massachusetts: one in Georgetown, one in Worcester, and the new Mission Brookline.

What is the company ticker for 4Front Ventures?

The company ticker for 4Front Ventures is CSE: FFNT and OTCQX: FFNTF.

4FRONT VENTURES CORP

OTC:FFNTF

FFNTF Rankings

FFNTF Latest News

FFNTF Stock Data

22.75M
447.79M
51%
6.78%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Phoenix