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 “Enterprise“) 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 get started this Friday, September four, with a Grand Opening on Wednesday, September 9, 2020.

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

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

“Getting adult-use licensure in Worcester is one more substantial milestone for the Enterprise and follows adult-use licensure at our Georgetown facility in August. We would like to thank the CCC for their help through the licensing course of action,” stated Leo Gontmakher, CEO, 4Front Ventures. “Constant with our Company’s culture of setting operational ambitions and executing upon them, it really is good to see the continuing momentum as we announce one more of what I anticipate to be a lot of achievements in the back half of this year. I am proud of the challenging operate from each and every of our staff in producing this come about. We anticipate 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 buyers can stop by 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 industry benefit in mass-made, low-price high-quality branded cannabis goods. 4Front manufactures and distributes a portfolio of more than 25 cannabis brands like Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed by means 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 knowledge, 4Front’s group applies experience across the whole cannabis worth chain. For additional facts, stop by 4Front’s web page 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 provide to sell or a solicitation of an provide 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 supplied 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 accessible.

Forward Searching Statements

Statements in this news release that are forward-searching statements are topic to numerous dangers and uncertainties regarding the certain elements disclosed right here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When utilised in this news release, words such as “will, could, strategy, estimate, anticipate, intend, might, prospective, think, need to,” and equivalent expressions, are forward-searching statements.

Forward-searching statements might contain, without the need of limitation, statements connected to future developments and the organization 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 needed regulatory approvals are attained, and other statements concerning future developments of the organization. The closing of the transactions described in this news release, like 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.

Even though 4Front Ventures has attempted to determine crucial elements that could result in actual benefits, functionality or achievements to differ materially from these contained in the forward-searching statements, there can be other elements that result in benefits, functionality or achievements not to be as anticipated, estimated or intended, like, but not restricted to: dependence on acquiring regulatory approvals investing in target organizations or projects which have restricted or no operating history and are engaged in activities at present regarded illegal beneath U.S. federal laws transform in laws restricted operating history reliance on management specifications for extra financing competitors hindering industry development and state adoption due to inconsistent public opinion and perception of the healthcare-use and adult-use marijuana business and regulatory or political transform.

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

Accordingly, readers need to not location undue reliance on forward-searching statements. The forward-searching statements in this news release are created as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such facts, except as needed by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other corporation pointed out herein.

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