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

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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 top rated-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 raise its output from this place to meet market place demand.

“Getting adult-use licensure in Worcester is a further 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 throughout the licensing procedure,” mentioned Leo Gontmakher, CEO, 4Front Ventures. “Constant with our Company’s culture of setting operational objectives and executing upon them, it really is good to see the continuing momentum as we announce a further of what I anticipate to be lots of achievements in the back half of this year. I am proud of the difficult function from each and every of our workers in producing this occur. We anticipate this to augment the current accelerated development we’re experiencing in Massachusetts as we continue to advantage from replicating our attempted and accurate production capabilities, now completely supported by our retail retailers.”

Interested shoppers can pay a visit to 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-price high-quality branded cannabis merchandise. 4Front manufactures and distributes a portfolio of more than 25 cannabis brands which includes 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 encounter, 4Front’s group applies knowledge across the complete cannabis worth chain. For far more details, pay a visit to 4Front’s internet 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 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 below the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may possibly not be supplied or sold inside the United States or to U.S. Persons unless registered below 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 a variety of dangers and uncertainties regarding the particular 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, may possibly, possible, think, should really,” and comparable expressions, are forward-searching statements.

Forward-searching statements may possibly contain, with out limitation, statements associated to future developments and the enterprise and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations relating to the COVID-19 pandemic, future income or Adjusted EBITDA expectations, statements relating to when or if any contemplated or in-progress transactions will close or if/when expected regulatory approvals are attained, and other statements relating to future developments of the enterprise. The closing of the transactions described in this news release, which includes the divesture of Pennsylvania and Maryland assets and the sale of convertible debt, is topic to customary situations and there can be no assure that such transactions will close.

While 4Front Ventures has attempted to recognize significant elements that could trigger actual benefits, overall performance or achievements to differ materially from these contained in the forward-searching statements, there can be other elements that trigger benefits, overall performance or achievements not to be as anticipated, estimated or intended, which includes, but not restricted to: dependence on acquiring regulatory approvals investing in target firms or projects which have restricted or no operating history and are engaged in activities presently regarded as illegal below U.S. federal laws alter in laws restricted operating history reliance on management needs for further 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 market 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 benefits will materialize. As a outcome of these dangers and uncertainties, the benefits or events predicted in these forward-searching statements may possibly differ materially from actual benefits or events.

Accordingly, readers should really not location undue reliance on forward-searching statements. The forward-searching 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 expected by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other corporation talked about herein.

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