4Front Ventures Corp. ("4Front" or the "Company") (CSE: FFNT) (OTCQX: FFNTF) is a national, vertically integrated multi-state cannabis operator that 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 over 1800 products, 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/.

Company profile
Ticker
FFNTF
Exchange
Website
CEO
Leonid Gontmakher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
4Front Holdings, LLC • 4Front Advisors, LLC • Mission Partners USA, LLC • Linchpin Investors, LLC • Healthy Pharms Inc. • New England Cannabis Corporation, Inc. • MMA Capital, LLC • IL Grown Medicine, LLC • Harborside IL Grown Medicine, Inc. • Om of Medicine, LLC ...
Latest filings (excl ownership)
8-K
4Front Ventures Broadens Illinois Offerings with Expansion of Island Cannabis Co. Product Line
19 Sep 23
8-K
Entry into a Material Definitive Agreement
1 Sep 23
8-K
4Front Ventures Announces Issuance of Warrants Under Consulting Services Agreement
18 Aug 23
8-K
4Front Ventures Reports Second Quarter 2023 Financial Results
15 Aug 23
10-Q
2023 Q2
Quarterly report
15 Aug 23
NT 10-Q
Notice of late quarterly filing
14 Aug 23
8-K
4Front Ventures Announces Update to Senior Management Team
4 Aug 23
8-K
Regulation FD Disclosure
2 Aug 23
8-K
4Front Announces Executive Team Equity Compensation Details and Signs Definitive Agreement for Extension of Senior Secured Debt
31 Jul 23
8-K
Entry into a Material Definitive Agreement
28 Jul 23
Transcripts
FFNTF
Earnings call transcript
2022 Q3
15 Nov 22
FFNTF
Earnings call transcript
2022 Q2
16 Aug 22
FFNTF
Earnings call transcript
2022 Q1
24 May 22
FFNTF
Earnings call transcript
2021 Q4
31 Mar 22
FFNTF
Earnings call transcript
2021 Q2
17 Aug 21
FFNTF
Earnings call transcript
2021 Q1
25 May 21
FFNTF
Earnings call transcript
2020 Q4
7 Apr 21
FFNTF
Earnings call transcript
2020 Q3
30 Nov 20
Latest ownership filings
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.40 mm | 5.40 mm | 5.40 mm | 5.40 mm | 5.40 mm | 5.40 mm |
Cash burn (monthly) | (no burn) | (no burn) | 3.17 mm | 1.93 mm | (no burn) | 274.25 k |
Cash used (since last report) | n/a | n/a | 8.93 mm | 5.43 mm | n/a | 772.67 k |
Cash remaining | n/a | n/a | -3.53 mm | -27.70 k | n/a | 4.63 mm |
Runway (months of cash) | n/a | n/a | -1.1 | -0.0 | n/a | 16.9 |
Institutional ownership, Q1 2023
2.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 14.33 mm |
Total shares | 15.75 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Gotham Green Partners | 15.75 mm | $14.33 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Sep 23 | Gontmakher Leonid | Class A Subordinate Voting Shares | Buy | Acquire P | No | No | 0.2385 | 20,000 | 4.77 k | 41,473,411 |
6 Sep 23 | Gontmakher Leonid | Class A Subordinate Voting Shares | Buy | Acquire P | No | No | 0.225 | 75,000 | 16.88 k | 41,453,411 |
29 Aug 23 | Gontmakher Leonid | Class A Subordinate Voting Shares | Buy | Acquire P | No | No | 0.125 | 14,500 | 1.81 k | 32,078,161 |
17 Aug 23 | Gontmakher Leonid | Class A Subordinate Voting Shares | Grant | Acquire A | No | No | 0 | 9,300,250 | 0.00 | 41,378,411 |
24 Jul 23 | Keith Edward Adams | Stock Option Class A Subordinate Voting Shares | Grant | Acquire A | No | No | 0.18 | 1,000,000 | 180.00 k | 2,000,000 |
23 Jun 23 | Krane Kristopher | Stock Option Class A Subordinate Voting Shares | Grant | Acquire A | No | No | 0.14 | 1,000,000 | 140.00 k | 4,329,840 |
23 Jun 23 | Krane Kristopher | Stock Option Class A Subordinate Voting Shares | Sale back to company | Dispose D | No | No | 0.65 | 250,000 | 162.50 k | 3,329,840 |
23 Jun 23 | Krane Kristopher | Stock Option Class A Subordinate Voting Shares | Sale back to company | Dispose D | No | No | 0.76 | 750,000 | 570.00 k | 3,329,840 |
News
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22 Sep 23
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21 Sep 23
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20 Sep 23
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19 Sep 23
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18 Sep 23
Press releases
4Front Ventures Broadens Illinois Offerings with Expansion of Island Cannabis Co. Product Line
14 Sep 23
4Front Ventures Announces Issuance of Warrants Under Consulting Services Agreement
18 Aug 23
4Front Ventures Reports Second Quarter 2023 Financial Results
15 Aug 23
4Front Ventures Announces Update to Senior Management Team
4 Aug 23
4Front Launches New Live Resin, Limited-Edition Edibles and Comprehensive Concentrates Lineup, Significantly Expanding Brand Portfolio in Massachusetts
29 Jun 23