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 “Business“) announced that the Massachusetts Cannabis Handle 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 off 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 drastically expands 4Front’s total addressable industry and is anticipated to drive each top rated-line and bottom-line development at the Business in the second half of 2020 and into 2021. Massachusetts is a core development industry for 4Front, with the Business 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 industry demand.

“Getting adult-use licensure in Worcester is yet another important milestone for the Business and follows adult-use licensure at our Georgetown facility in August. We would like to thank the CCC for their assistance through the licensing approach,” stated Leo Gontmakher, CEO, 4Front Ventures. “Constant with our Company’s culture of setting operational objectives and executing upon them, it is good to see the continuing momentum as we announce yet another of what I anticipate to be quite a few achievements in the back half of this year. I am proud of the really hard operate from every of our workers in creating 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 accurate production capabilities, now completely supported by our retail shops.”

Interested buyers 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 industry benefit in mass-developed, low-price excellent branded cannabis items. 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 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 expertise, 4Front’s group applies knowledge across the complete cannabis worth chain. For much more information and facts, pay a visit to 4Front’s 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 offer you to sell or a solicitation of an offer you 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 could not be presented 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 out there.

Forward Hunting Statements

Statements in this news release that are forward-hunting statements are topic to a variety of dangers and uncertainties regarding the particular variables disclosed right here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When applied in this news release, words such as “will, could, strategy, estimate, anticipate, intend, could, prospective, think, need to,” and comparable expressions, are forward-hunting statements.

Forward-hunting statements could incorporate, without the need of limitation, statements connected to future developments and the small business and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations with regards to the COVID-19 pandemic, future income or Adjusted EBITDA expectations, statements with regards to when or if any contemplated or in-progress transactions will close or if/when necessary regulatory approvals are attained, and other statements with regards to future developments of the small business. 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.

Despite the fact that 4Front Ventures has attempted to determine significant variables that could result in actual final results, efficiency or achievements to differ materially from these contained in the forward-hunting statements, there can be other variables that result in final results, efficiency or achievements not to be as anticipated, estimated or intended, which includes, but not restricted to: dependence on getting regulatory approvals investing in target providers or projects which have restricted or no operating history and are engaged in activities at present viewed as illegal below U.S. federal laws adjust in laws restricted operating history reliance on management needs for added financing competitors hindering industry 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 adjust.

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

Accordingly, readers need to not location undue reliance on forward-hunting statements. The forward-hunting 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 information and facts, except as necessary by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other business pointed out herein.

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