Adam JacksonApril 17, 2025
The cash-strapped multistate operator is seeking a management cease trade order while working to secure financing.
Tag: 4Front
Adam JacksonApril 17, 2025
StaffApril 16, 2024
The Daily Hit is a recap of the top financial news stories for April 16, 2024. On the Site Cannabis stock shorts have grown like weeds In the last few weeks, marijuana short positions have jumped dramatically. There are now $1 billion of shorted cannabis stocks. Read more here. Report: Virginia lawmakers say legal cannabis […]
John SchroyerMay 30, 2023
Many companies dealt with significant one-time writedowns in 2022.
Adam JacksonMay 19, 2023
New cannabis strategies have emerged as Q1 2023 earnings roll in and age-old business sentiments remain.
StaffOctober 7, 2021
4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is buying New England Cannabis Corporation (NECC) in a deal valued at $55 million. NECC was founded by luxury home developer Kenneth Stevens of Weston and is a cannabis cultivator based in Holliston, Massachusetts. 4Front said that NECC is expected to be significantly accretive to the its EBITDA […]
Debra BorchardtSeptember 1, 2020
4Front Ventures Corp. (OTCQX:FFNTF) reported revenue of $12.7 million in the second quarter versus $2.5 million for the same time period as last year. However, sales at 4Front were flat quarter-over-quarter. The company said that it achieved positive operating cash flow in the month of August and expects a positive adjusted EBITDA starting in the third-quarter […]
Debra BorchardtMarch 4, 2019
Cannex Capital Holdings Inc. (CSE: CNNX)(OTCQX: CNXXF) moved beyond the interim agreement from November and as of March 1, 2019 officially agreed with 4Front Holdings, LLC to merge the two companies. The new company will initially trade under Cannex’s symbol “CNNX”, although the company said it expected to receive a new ticker in connection with […]
Debra BorchardtNovember 26, 2018
Cannex Capital Holdings Inc. (CSE: CNNX) (OTCQX: CNXXF) and 4Front Holdings signed a binding letter agreement to combine in an all-stock deal. The combined company will continue to trade on the CSE under Cannex’s existing name and the ticker symbol CNNX. The stock fell over 10% on the news to lately trade at C$0.98. According to the […]
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