4Front Ventures Granted Final State Approval for Adult-Use Cannabis Sales at its Mission Facilities in Worcester, Massachusetts with a Grand Opening slated for September 9, 2020

beige and white pot

PHOENIX, Sept. two, 2020 /PRNewswire/ – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Organization“) announced that the Massachusetts Cannabis Manage Commission (“CCC”) has granted 4Front’s Mission Dispensary and cultivation/processing facilities in Worcester, Massachusetts, authorization to commence adult-use retail and production operations. The soft launch of adult-use sales will start out this Friday, September four, with a Grand Opening on Wednesday, September 9, 2020.

Logo: 4Front Ventures (CNW Group/4Front)

Entry into the adult-use market place drastically expands 4Front’s total addressable market place and is anticipated to drive each major-line and bottom-line development at the Organization in the second half of 2020 and into 2021. Massachusetts is a core development market place for 4Front, with the Organization also executing its completely funded expansion plans that are underway at its Georgetown, Massachusetts production facility, which are anticipated to drastically enhance its output from this place to meet market place demand.

“Getting adult-use licensure in Worcester is yet another substantial milestone for the Organization and follows adult-use licensure at our Georgetown facility in August. We would like to thank the CCC for their help in the course of the licensing approach,” stated Leo Gontmakher, CEO, 4Front Ventures. “Constant with our Company’s culture of setting operational ambitions and executing upon them, it is excellent to see the continuing momentum as we announce yet another of what I count on to be lots of achievements in the back half of this year. I am proud of the tough operate from each and every of our personnel in producing this occur. We count on this to augment the current accelerated development we’re experiencing in Massachusetts as we continue to advantage from replicating our attempted and correct production capabilities, now completely supported by our retail shops.”

Interested shoppers can take a look at the Mission dispensary at:

640 Lincoln Street
Worcester, MA

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About 4Front Ventures Corp.

4Front (CSE: FFNT) (OTCQX: FFNTF) is a national multi-state cannabis operator and retailer, with a market place benefit in mass-created, low-expense top quality branded cannabis solutions. 4Front manufactures and distributes a portfolio of more than 25 cannabis brands such as Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed by way of retail outlets and their chain of strategically positioned Mission branded dispensaries.

Headquartered in Phoenix, Arizona, 4Front has operations in Illinois, Massachusetts, California, Michigan and Washington state. From plant genetics to the cannabis retail encounter, 4Front’s group applies knowledge across the complete cannabis worth chain. For extra details, take a look at 4Front’s web-site www.4frontventures.com.

This news release was ready by management of 4Front Ventures, which requires complete duty for its contents. The Canadian Securities Exchange (“CSE”) has not reviewed and does not accept duty for the adequacy of this news release. Neither the CSE nor its Regulation Solutions Provider (as that term is defined in the policies of the CSE) accepts duty for the adequacy or accuracy of this release.

This news release does not constitute an present to sell or a solicitation of an present to sell any of the securities in the United States. The securities have not been and will not be registered beneath the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and might not be presented or sold inside the United States or to U.S. Persons unless registered beneath the U.S. Securities Act and applicable state securities laws or an exemption from such registration is obtainable.

Forward Hunting Statements

Statements in this news release that are forward-seeking statements are topic to different dangers and uncertainties regarding the precise elements disclosed right here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When employed in this news release, words such as “will, could, program, estimate, count on, intend, might, prospective, think, ought to,” and equivalent expressions, are forward-seeking statements.

Forward-seeking statements might incorporate, with no limitation, statements connected to future developments and the business enterprise and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations concerning the COVID-19 pandemic, future income or Adjusted EBITDA expectations, statements concerning when or if any contemplated or in-progress transactions will close or if/when essential regulatory approvals are attained, and other statements concerning future developments of the business enterprise. The closing of the transactions described in this news release, such as the divesture of Pennsylvania and Maryland assets and the sale of convertible debt, is topic to customary circumstances and there can be no assure that such transactions will close.

Though 4Front Ventures has attempted to determine vital elements that could bring about actual outcomes, overall performance or achievements to differ materially from these contained in the forward-seeking statements, there can be other elements that bring about outcomes, overall performance or achievements not to be as anticipated, estimated or intended, such as, but not restricted to: dependence on getting regulatory approvals investing in target corporations or projects which have restricted or no operating history and are engaged in activities presently viewed as illegal beneath U.S. federal laws alter in laws restricted operating history reliance on management needs for extra financing competitors hindering market place development and state adoption due to inconsistent public opinion and perception of the health-related-use and adult-use marijuana business and regulatory or political alter.

There can be no assurance that such details will prove to be correct or that management’s expectations or estimates of future developments, situations or outcomes will materialize. As a outcome of these dangers and uncertainties, the outcomes or events predicted in these forward-seeking statements might differ materially from actual outcomes or events.

Accordingly, readers ought to not spot undue reliance on forward-seeking statements. The forward-seeking statements in this news release are produced as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such details, except as essential by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other enterprise talked about herein.

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