Welcome to our dedicated page for 4Front Ventures news (Ticker: FFNTF), a resource for investors and traders seeking the latest updates and insights on 4Front Ventures stock.
4Front Ventures Corp (FFNTF) operates as a vertically integrated cannabis enterprise with cultivation, manufacturing, and retail operations across strategic U.S. markets. This news hub provides investors and industry observers with essential updates on corporate developments, regulatory compliance milestones, and market expansions.
Our curated collection features official press releases covering financial results, facility openings, product innovations like vape technologies and pre-roll formats, and partnership announcements. Users will find timely updates on operational expansions in Illinois, Massachusetts, and Washington markets alongside wholesale distribution developments.
Key content categories include earnings disclosures, cultivation capacity updates, retail network growth, and management team changes. The resource serves as a centralized reference for tracking FFNTF's execution of its low-cost production strategy and retail brand development in evolving cannabis markets.
Bookmark this page for structured access to 4Front Ventures' verified corporate communications, maintained with strict adherence to factual reporting standards. Regular updates ensure stakeholders maintain current awareness of this multi-state operator's progress in competitive cannabis sectors.
4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF) has announced a $75,000 donation to Elk Grove Village, Illinois, aimed at enhancing community health and wellness programs. This contribution includes $30,000 for local community events and outreach, and $15,000 each for the Elk Grove Village Cares Program, the Police Drug Education Program, and the Kenneth Young Youth Center. The donation aligns with 4Front's development agreement for its cultivation and manufacturing facility in Elk Grove Village, emphasizing its commitment to community service and public health initiatives.
4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) announced its executive team's participation in two major conferences on June 3-4, 2021. The Piper Sandler 41st Annual Consumer Marketplace Conference will feature small group and one-on-one investor meetings. Additionally, Andrew Thut, Chief Investment Officer, will engage in a fireside chat during the Benzinga Cannabis Capital Conference on June 4, 2021, at 4:15 p.m. ET. 4Front, a multi-state cannabis operator, offers over 25 cannabis brands and operates in several states including Illinois and California.
4Front Ventures Corp. reported a Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, a 26% increase from Q4 2020. The adjusted EBITDA was $5.9 million, with a margin of 19%. The company reiterated its FY2021 guidance, anticipating $170-$180 million in revenue and $40-$50 million in adjusted EBITDA. Long-term projections suggest potential revenue of $650 million and EBITDA of $250 million from existing licensed projects. Operational expansions are underway in California, Massachusetts, and Illinois, with a new facility set to open in Q2 2021.
4Front Ventures Corp (CSE: FFNT, OTCQX: FFNTF) announced that the Brookline Select Board has unanimously approved its Mission Brookline adult-use dispensary in Massachusetts. The Town of Brookline has granted the dispensary's Certificate of Occupancy, allowing it to move forward. Once the Massachusetts Cannabis Control Commission gives final approval, the location will serve adults 21 and over, initially offering online appointment pickups. 4Front plans to provide a diverse range of cannabis products and is currently hiring staff for the new location.
4Front Ventures Corp. (CSE: FFNT; OTCQX: FFNTF) will report its first quarter financial results on May 24, 2021, after market close. The update will be discussed in a conference call at 5:00 p.m. ET. 4Front, a multi-state cannabis operator, offers over 25 brands, including Marmas and Crystal Clear, across key states like Illinois and Massachusetts. The call can be accessed by dialing specific numbers, and it will be available for replay until May 31, 2021. For further updates, interested parties can sign up for their newsletter.
4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) will participate in the Canaccord Genuity Virtual Cannabis Conference on May 11, 2021. Andrew Thut, the Chief Investment Officer, will join a panel discussion at 12:00 p.m. ET. The company is a national multi-state cannabis operator known for mass-produced, low-cost quality branded cannabis products, including over 25 brands such as Marmas and Crystal Clear. 4Front operates across several states including Illinois, Massachusetts, and California.
4Front Ventures reported Q4 2020 Systemwide Pro Forma Revenue of $25.0 million, up 12% quarter-over-quarter, and a full-year revenue of $88.1 million, marking a 203% increase from the previous year. Adjusted EBITDA was $5.9 million, reflecting a 59% sequential rise. The company reiterated its FY 2021 guidance of $170-180 million in revenue and $40-50 million in EBITDA. 4Front is focusing on expanding its cannabis operations in Illinois and California, aiming for long-term revenue potential of up to $650 million.
4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) has announced participation in two upcoming cannabis conferences in April 2021. The company will engage in one-on-one meetings at the ROTH Virtual Golden Cannabis Day on April 7, and CEO Leo Gontmakher will present at the PI Financial Golden State Green on April 14. 4Front operates as a multi-state cannabis operator, boasting over 25 brands, with a focus on mass-produced, low-cost cannabis products. The company is headquartered in Phoenix and operates in multiple states including Illinois, Massachusetts, and California.
4Front Ventures Corp. (CSE: FFNT, OTCQX: FFNTF) will release its Fiscal Year 2020 earnings on April 6, 2021, post market close. The company will host a conference call at 5:00 p.m. ET that same day to discuss financial results and operational updates. 4Front operates as a multi-state cannabis operator, manufacturing a wide range of cannabis brands, distributed through retail and their Mission dispensaries. The company is headquartered in Phoenix, Arizona, and has operations across several states including Illinois, Massachusetts, and California.
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has announced the commencement of construction for a new Mission Dispensary in Calumet City, Illinois, which will cater to both adult-use and medical cannabis customers. The dispensary, located at 1330 Torrence Avenue, is expected to open by the end of the year. Additionally, President Kris Krane has been appointed to Illinois' Adult Use Cannabis Health Advisory Committee to help steer cannabis policy in the state. The company recently sold three Maryland dispensaries for approximately $5.5 million, focusing on strengthening its Illinois operations.
