PHOENIX, Feb. 13, 2018 /PRNewswire/ — 4Front Holdings, LLC (“4Front”), a leading investment and management firm in the cannabis industry, today announced that its co-founder and president, Kris Krane, has been appointed to the New Jersey Cannabis Industry Association (NJCIA) Board of Trustees, New Jersey’s largest nonprofit trade association dedicated to the legal cannabis industry.
Mr. Krane’s background in the cannabis industry makes him an important addition to the NJCIA board, which consists of a diverse group of marijuana industry leaders, experts, and advocates from New Jersey and beyond.
“Kris Krane is a well-known and highly regarded industry expert, entrepreneur and business consultant who is helping to grow and improve the legal cannabis industry through implementation of professional standards,” said Dara Servis, co-founder and executive director of the NJCIA.
Prior to founding 4Front in 2011, Mr. Krane served as director of client services for CannBe, a pioneer in developing best practices within the medical cannabis industry. He also served as associate director of NORML and executive director of Students for Sensible Drug Policy.
New Jersey would be the largest state on the east coast to adopt adult-use legislation, making it an incredibly exciting market, not just for the state but for the entire northeast as well. In addition, Governor Murphy is working to expand medical use in the state, which will help thousands of people suffering from conditions like PTSD and chronic pain. I look forward to working with advocates in the state to forward this agenda.
NJCIA’s mission is to promote sensible policies and responsible growth within a state-legal cannabis industry.
4Front Holdings, LLC (“4Front”) is a leading investment and management firm in the U.S. cannabis sector. It has developed a national platform that consists of a multi-state footprint and a far-reaching network of partnership relationships. Led by a group of professionals with experience in finance, real estate, manufacturing, and multi-location retail and hospitality operations, 4Front has invested heavily to assemble a comprehensive collection of management skills and hands-on operating expertise that can support the rapid operational growth opportunity being afforded by the increased legalization of cannabis across the United States as well as internationally. For more information, learn more about us.