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 “Firm“) 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 commence this Friday, September four, with a Grand Opening on Wednesday, September 9, 2020.

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

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

“Getting adult-use licensure in Worcester is an additional substantial milestone for the Firm and follows adult-use licensure at our Georgetown facility in August. We would like to thank the CCC for their help for the duration of the licensing course of action,” stated Leo Gontmakher, CEO, 4Front Ventures. “Constant with our Company’s culture of setting operational objectives and executing upon them, it is wonderful to see the continuing momentum as we announce an additional of what I count on to be a lot of achievements in the back half of this year. I am proud of the difficult perform from each and every of our personnel in creating this come about. 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 totally supported by our retail shops.”

Interested shoppers can check out 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 marketplace benefit in mass-made, low-expense good quality branded cannabis solutions. 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 via 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 experience across the whole cannabis worth chain. For a lot more details, check out 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 give to sell or a solicitation of an give 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 may possibly not be provided 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 out there.

Forward Seeking Statements

Statements in this news release that are forward-seeking statements are topic to different dangers and uncertainties regarding the precise things 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, count on, intend, may possibly, prospective, think, need to,” and comparable expressions, are forward-seeking statements.

Forward-seeking statements may possibly consist of, with no limitation, statements associated to future developments and the business enterprise 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 business enterprise. 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.

Despite the fact that 4Front Ventures has attempted to determine critical things that could lead to actual benefits, overall performance or achievements to differ materially from these contained in the forward-seeking statements, there can be other things that lead to benefits, overall performance or achievements not to be as anticipated, estimated or intended, like, 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 beneath U.S. federal laws adjust in laws restricted operating history reliance on management specifications for further financing competitors hindering marketplace development and state adoption due to inconsistent public opinion and perception of the healthcare-use and adult-use marijuana business and regulatory or political adjust.

There can be no assurance that such details will prove to be precise 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-seeking statements may possibly differ materially from actual benefits or events.

Accordingly, readers need to not location undue reliance on forward-seeking statements. The forward-seeking 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 details, except as necessary by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other firm described herein.

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