Tag: 4Front

Illinois Cannabis Sales Increase 14.6% Sequentially in March

After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared...
- April 5th, 2022 at 3:28 pm

4Front Q4 Revenue Increases 10% Sequentially to $28.5 Million

4Front Ventures Announces Fourth Quarter and Full Year 2021 Financial Results and Provides Business Update 2021 Systemwide Pro Forma Revenue1 increased 50% year-over-year to $132.7 million 2021 GAAP revenue increased 81%...
- March 30th, 2022 at 5:03 pm

Illinois Cannabis Sales Climb 29% in February

After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell...
- March 9th, 2022 at 1:40 pm

4Front Closes $55 Million Massachusetts Cultivation Acquisition

4Front Ventures Corp. Further Strengthens Massachusetts Footprint, Closes Accretive Acquisition of New England Cannabis Corporation Significantly expands strategic position and broadens market penetration in important limited-license state of Massachusetts...
- January 31st, 2022 at 11:52 am

4Front Q3 Revenue Declines 4% Sequentially to $25.9 Million

4Front Ventures Reports Third Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $33.1 million compared to $22.3 million in Q3 2020, increased 48% year over year, and decreased 4%...
- November 17th, 2021 at 4:30 pm

Winning in the Canadian Cannabis Market

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- October 10th, 2021 at 11:02 am

5 Takeaways From Cannabis Earnings Season

You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
- August 22nd, 2021 at 10:51 am

4Front Q2 Revenue Increases 114% to $27.1 Million

4Front Ventures Reports Second Quarter 2021 Financial Results and Provides Business Update Systemwide Pro Forma Revenue1 of $34.4 million compared to $31.4 million in Q1 2021, an increase of 85% year over year and...
- August 16th, 2021 at 4:47 pm

4Front Q1 Revenue Increases 82% to $23 Million

4Front Ventures Reports First Quarter 2021 Financial Results and Provides Business Update Q1 2021 Systemwide Pro Forma Revenue of $31.4 million, an increase of 26% over Q4 2020 Q1...
- May 24th, 2021 at 4:24 pm

4Front Q4 Revenue Increases 90% to $17 Million

4Front Announces Fourth Quarter and Fiscal Year 2020 Results and Provides Business Update Q4 Systemwide Pro Forma Revenue increased to $25.0 million, with full year 2020 Systemwide Pro Forma...
- April 6th, 2021 at 4:52 pm

American Cannabis Operators Index Surges 46% in 2020

The American Cannabis Operator Index moved higher for the third consecutive month in December, advancing 10.0% to 63.05: After ending 2019 at 43.27, the index gained 45.7% in 2020 and has...
- December 31st, 2020 at 4:30 pm

4Front Q3 Revenue Increases 25% Sequentially to $12.4 Million

4Front Announces Third Quarter 2020 Results and Business Update Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million, 170% year-over-year – Company became cash flow positive from...
- November 30th, 2020 at 4:30 pm