4Front Ventures to Reopen its Mission Dispensary in Chicago; Receives Approval for Retail Expansion in Calumet City, IL

Company receives special use permit for additional Illinois retail location

Mission South Chicago will reopen with a rededication rally on Friday, July 31 at 9AM CT

PHOENIX, Ariz., July 30, 2020 – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company“) continues to focus its efforts in the Illinois market and is pleased to announce that its Mission dispensary located in Chicago’s South Chicago neighborhood will re-open to patients and customers on July 31, 2020. The store was temporarily closed on May 31^st as the result of looting in the wake of the recent protests and unrest in Chicago.

Previously known as Mission South Shore, the dispensary will be renamed Mission South Chicago upon reopening as a dedication to the local community that has embraced and supported the retail location since its opening as a medical dispensary in 2017. Mission South Chicago, located at 8554 S. Commercial Ave., is the only cannabis retail store on the city’s Southeast Side.

“The reopening of Mission is not only a pivotal moment for our company but also the South Chicago community which has been incredibly generous in their support during this rebuilding process. South Chicago has long been overlooked and underserved and it was important for us to demonstrate that we are fully committed to being a contributing member of the community, and a part of the ongoing economic development in the neighborhood,” said 4Front and Mission President Kris Krane. “It is a testament to the drive and dedication of our staff that we are able to reopen our doors so quickly. We are grateful to serve this community and will not be deterred as we push forward in our mission to build a unique and inspiring place for our neighbors as the headquarters for all things cannabis.” 

As part of the reopening, Mission South Chicago will be holding a rededication rally at the store beginning on Friday July 31^st at 9 a.m. CT featuring community members and local officials. Speakers at the event will include:

• State Representative. Kelly Cassidy (IL-14)
• State Representative Kam Buckner (IL-26)
• State Senator Robert Peters (IL-13)
• Chicago Deputy Mayor Paul Stewart
• Gabriel Mendoza, Vice President of Operations of Mission South Chicago

Following the rally, Mission South Chicago will officially reopen its doors to patients and customers at 10 a.m. CT.

Illinois Expansion Update
In addition to this reopening, 4Front is pleased to announce that it received its special use permit on July 22^nd for an additional retail location in Calumet City, Illinois. The Company has submitted building plans to local officials and expects to break ground in the coming weeks, with the goal of opening its second Illinois retail location in Q4 2020.

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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 advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through 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 experience, 4Front’s team applies expertise across the entire cannabis value chain. For more information, visit 4Front’s website www.4frontventures.com.

4Front Investor Contacts
Andrew Thut, Chief Investment Officer
IR@4frontventures.com
602-633-3067

Phil Carlson / Elizabeth Barker
4FrontIR@kcsa.com
212-896-1233 / 212-896-1203

4Front Media Contacts
Anne Donohoe / Nick Opich
KCSA Strategic Communications
adonohoe@kcsa.com / nopich@kcsa.com
212-896-1265 / 212-896-1206

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

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

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward-looking statements.

Forward-looking statements may include, without limitation, statements related to future developments and the business and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations regarding the COVID-19 pandemic, future revenue or Adjusted EBITDA expectations, statements regarding when or if any contemplated or in-progress transactions will close or if/when required regulatory approvals are attained, and other statements regarding future developments of the business. The closing of the transactions described in this news release, including the divesture of Pennsylvania and Maryland assets and the sale of convertible debt, is subject to customary conditions and there can be no guarantee that such transactions will close.

Although 4Front Ventures has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under U.S. federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such information, except as required by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other company mentioned herein.

The post 4Front Ventures to Reopen its Mission Dispensary in Chicago; Receives Approval for Retail Expansion in Calumet City, IL appeared first on 4Front.

from 4Front https://ift.tt/3hReuhU

3 Signs of a Failing Roof

Taking time to check your roofing should be a part of your seasonal home maintenance routine. It will help you catch signs that could potentially cause huge problems later on, such as the following:

Shiners
If you can’t see any telltale flow marks and the ceiling stain is fairly small, look at the underside of the roof for ‘shiners.’ A shiner is a nail that missed the framing member. Moisture that escapes into the cold attic from the rooms below often condenses on cold nails. Sometimes you can spot this if you climb up into your attic on a cold night. The nails will look white because they’re frosted. When the attic heats up a bit during the day, the frost melts and drips, then the nails frost up at night again and so on. The solution is to simply clip the nail with a side-cutting pliers. Source: FamilyHandyman

Damaged flashing
The flashing around vents, skylights, and chimneys seals the seams of the roof from rain and weather. Examine these points make sure there are no cracks or breaks, which could lead to leaks. In older homes, flashing is often made of roof cement or tar, but it’s a good idea to upgrade to a metal flashing system for added durability. Source: BobVila

Moss
Moss on the roof is more harmful than beautiful. Its spores collect between shingles, growing and spreading to form mats a few inches thick. These mats store rainwater, which wicks underneath shingles, soaks the underlayment and, if unchecked, rots the roof sheathing.

If you have moss, remove it. An air broom works nicely. Don’t power wash the roof, because that can drive water underneath the shingles or tiles. Once the moss is gone, apply a chemical treatment or zinc or copper solution to kill any remaining moss spores. Alternatively, install zinc or copper strips at the roof’s peak to kill moss in the coming decades. When reroofing, consider shingles with built-in moss inhibitors. Source: Nationwide

If you have any roof-related concerns, we’re here to help you out. Call us today and get a free estimate!

 

Contact:
Kerrisdale Roofing & Drains
8296 Ross St, Vancouver, BC V5X 4C6
(604) 360-2114

Mid-rise tower: exterior painting and building repairs in North Vancouver

North Vancouver mid-rise tower

The strata owners of this eight floor, 1989 built condo building in Lower Lonsdale are undertaking an exterior repaint and colour change. Council provided owners with sample mock-ups of the colour options on the building so they could preview them before they made their final decision. You can see the modern greys that were selected already being applied to the higher areas on the left.

 

 

 

 

 

 

The Remdal team is carefully moving ahead with building cleaning and various concrete repairs using swing stages. COVID safety protocols continue to be a priority including twice daily temperature check and physical distancing.

   

Over the summer, we will see the dramatic transition from pastels to a modern, grey scheme that will rejuvenate and refresh this property.

The scope of work includes:

• Building envelope renewal
• Concrete repairs
• Balcony urethane membrane renewal
• Stucco repairs
• Sealant replacement
• Exterior painting
• Swing stage access

Stay tuned for more photos of this building.

If you have a building with similar needs, please contact us for a proposal, info@remdal.com or 604.882.5155.

The post Mid-rise tower: exterior painting and building repairs in North Vancouver appeared first on Remdal.

Multi-building complex needing exterior painting, wood repair and safe access

This was an early season exterior painting & wood repair project across multiple buildings in Walnut Grove with a great deal of safe access requirements, including boom lifts, scaffolding, and traffic control.

 

It was a complicated project to coordinate but preparation and cooperation was rewarded with great results and an extremely happy group of strata council members and owners.

 

There were various challenging access areas but the project manager and foremen worked together to find the best solutions for the project and the strata. A great example of Your Project Done Right. 

 

If you have a project that needs the right approach to access and traffic control challenges then contact us here, or at info@remdal.com or 604.882.5155.

The post Multi-building complex needing exterior painting, wood repair and safe access appeared first on Remdal.

Commercial building painting: triumphing over challenges in Port Moody

It was time to change the colour on this three level commercial building painting project in Port Moody from yellow to modern grey tones.

 

The project was not without challenges. Boom lift access required extensive traffic control and permits. And close proximity to the hydro lines meant additional planning and coordination with BC Hydro and their contractor for cloaking of wires.

  

 

The team takes a short break but still maintains their physical distancing and COVID safety protocols.

  

Later in the project you can more clearly see final results. More great projects can be found here.

Please contact us for your next project proposal or email us at info@remdal.com

The post Commercial building painting: triumphing over challenges in Port Moody appeared first on Remdal.

Metal vs. Asphalt: Which Roofing Material Should You Choose?

In a previous blog, we’ve debunked the myths about metal roofing and shown you why it’s a great option for your dream home. Now, we will see how it compares with one of the most popular materials out there—asphalt shingles.

Price
Though you’ll get more life out of a metal roof, you’ll pay the price at the time of installation. Metal roofs generally can run from $120 to $900 per 100 square feet (one 10-foot by 10-foot area, or a “square” of material), while asphalt shingles will be between $100 and $200 per 100 square feet. Its installation will also run you more for metal since it’s a more specialized job.

You may recoup some of the costs of a metal roof down the road, because you likely won’t ever have to replace it. Additionally, insurance companies may offer discounts to homes with metal roofs. You may even qualify for tax credits by installing a metal roof on your primary home. Finally, metal roofs are so energy efficient they can save you money in monthly heating and cooling costs. Source: BobVila

Energy Efficiency
A metal roof will lower your energy bills by about 40 percent in the summer. The reflective surface lessens the transfer of heat into the home. On the other hand, asphalt shingles absorb the sun’s heat, transferring it through the roof to the home, making the home’s cooling system work harder. This is why asphalt shingles are recommended more strongly for temperate climates.

In winter, asphalt shingles perform better, using the heat absorbed from the winter sunlight to make the home much warmer. However, metal roofs also perform well in winter. The year-round energy usage will still be lower with metal than with asphalt.

Even so, some asphalt shingle styles are designated as cool roofs and join some metal roofs in carrying an Energy Star rating for higher energy efficiency. These roofing materials are certified to reflect more of the sun’s energy, lowering the roof’s temperature by up to 50 degrees Fahrenheit. Even though other factors can affect the amount of savings offered, they can decrease demand on the home’s cooling systems at peak times by 10 to 15 percent.

To offset the cost of installing a new roof, you can look for Energy Star certified asphalt shingles or metal roofs. When using these energy-efficient materials, 10 percent of the materials cost, up to $500, can be received as an energy credit. Source: Fixr

Durability
Some metal roofs come with warranties of up to 50 years, but can literally last for hundreds of years, whereas traditional roofs typically last 10 to 20 years. Metal roofs aren’t as vulnerable to hail, wind and fire damage and some insurance companies even offer discounts on homeowner’s policies due to metal’s storm-resistant properties. Source: AngiesList

Which one do you like better? If you can’t decide between the two, we can help you pick the roofing material that suits your budget and needs. Contact us for a free estimate!

 

Contact:
Kerrisdale Roofing & Drains
8296 Ross St, Vancouver, BC V5X 4C6
(604) 360-2114

Debunking Common Myths about Metal Roofing

Are you thinking about installing a new roof at home? If you’re thinking twice about considering metal as your material of choice, it’s probably because of the misconceptions surrounding it. Today, you’ll discover why metal can be one of your best options.

Myth: Lower energy cost
This is not necessarily true. If your home has inadequate insulation, air leaks and windows that are not energy efficient, installing a metal roof will not likely lower your heating bills. It is important to remember there are many factors that contribute to your home’s overall energy usage.

Myth: No resale value
This is not true! Metal roofs are actually highly valued. Homes renovated with standing-seam metal roofing recoup on average 85.9-percent of costs nationally and up to 95.5% for homes in the Eastern states, according to Remodeling Magazine. These gains in resale value amount to 1- and 6-percent, respectively, over homes roofed with asphalt shingles.

Myth: Metal roofs are loud
False. Typically, metal roofs are even quieter than an asphalt shingle roof. Metal roofs are usually installed with solid sheathing attached to the underlayment, which helps reduce noise. Source: AngiesList

Myth: Less durable
This couldn’t be farther from the truth! Metal roofs can withstand hurricane-force, 140-mile-per-hour winds and extreme storms.

Quality roofs stand up to hail and hold up under heavy snow and ice loads. Naturally, metal is a top choice for areas prone to severe weather and wildfires.

Myth: Harmful to the environment
Actually, quality metal roofing can last you more than 50 years (almost three times longer than other materials) and can be recycled rather than dumped into a landfill.

Quality roof coatings resist moss and fungus, which means lower long-term maintenance and fewer chemical treatments that can harm the environment. Source: TodaysHomeOwner

Myth: Easily damaged by hail
While extremely large hailstones can dent a metal roof, normal-size hail will not. With textured roofs, minor denting is even less readily visible. Source: BobVila

Roofing is an expensive investment. Aside from picking the best material, you should also let only the most experienced professionals do the installation, so you don’t have any problems later on. Call us today for a free estimate!

 

Contact:
Kerrisdale Roofing & Drains
8296 Ross St, Vancouver, BC V5X 4C6
(604) 360-2114

4Front Announces First Quarter 2020 Results and Business Update

• Q1 2020 Systemwide Pro Forma Sales of $23.7m, an increase of 36% over Q4 2019.
• Robust consumer demand continues across all operating markets despite COVID-19.
• Company reaches final resolution with the Massachusetts Cannabis Control Commission with respect to legacy regulatory issues. The Company expects the agreement will clear the path for recreational licensing of its Massachusetts locations.
• Funded expansion plans underway in both Massachusetts and Illinois production facilities expected to be completed by Q4 2020.
• Company remains on pace to be cash flow positive in 2H 2020 and poised to show significant operating leverage in 2021.
• Company is in progressive discussions to strengthen its balance sheet through a financing/sale leaseback of its affiliated facilities in Washington state.

PHOENIX, Ariz., July 14, 2020 – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) today announced its financial results for the First Quarter of 2020.

First Quarter 2020 Financial Results Highlights

• Total Systemwide Pro Forma Sales for the first quarter 2020 increased 36% quarter-over- quarter to $23.7m.
• IFRS Sales for the first quarter of 2020 increased 37% quarter-over-quarter to $17.7m.
• Gross profit for the first quarter was $9.7m.
• Adjusted EBITDA for the first quarter was a loss of $2.8m.

Business Update

Robust consumer demand continues across all operating markets despite COVID-19.  All states where the Company operates have deemed cannabis operations as “essential businesses” during the pandemic.

Company reaches a resolution with the Massachusetts Cannabis Control Commission with respect to legacy regulatory issues.  The Company expects the agreement will clear the path for recreational licensing of its Massachusetts locations. ​

Funded expansion plans underway in both Massachusetts and Illinois production facilities expected to be completed by Q4 2020.  These upgrades represent Phase 1 of the Company’s expansion plans in two of its core markets which are expected to double the output of its Georgetown, Massachusetts facility and more than triple current output in Illinois.

Company remains on pace to be cash flow positive in 2H 2020 and is poised to show significant operating leverage in 2021.  Having reduced corporate overhead expense by over 40%, the Company anticipates generating positive cash flow commensurate with final recreational licensing in Massachusetts and producing positive adjusted EBITDA in 2020.

Washington Financing/Sale Leaseback Update.  As of May 31, 2020, 4Front’s balance sheet had cash and equivalents of $11.5m with total debt of $80.1m (excluding in-the-money convertible debt of $5.8m). The Company owns and controls highly attractive real estate in Washington state consisting of 176,000 square feet of state-of-the-art industrial space built for cultivation, production and distribution. ​ The assets are encumbered by senior secured debt associated with Gotham Green Partners. ​A financing/sale and leaseback of these assets is expected to remove senior secured debt from its capitalization table, giving the Company flexibility to more freely pursue non or minimally dilutive project financing options. ​ The Company is in progressive discussions with multiple partners on this transaction.

Management Commentary

Leo Gontmakher, CEO of 4Front, said, “Entering 2020, we have been laser-focused on leaning out and replicating our low-cost cultivation and production model in targeted states. We left the first quarter with a focused business model, streamlined cost structure and fortified balance sheet that has set the stage for us to accelerate growth across our core markets of Washington, Illinois, Massachusetts, Michigan and California.

Mr. Gontmakher added: “We are ecstatic to have reached resolution with the Massachusetts Cannabis Control Commission as it clears the way for our long-awaited approvals for adult-use licensing in the state. We continue to execute on our plans to not only flip to cash flow positive this year, but to set the stage to exit this year in a position to drive meaningful operating leverage in our business. With funded expansion already underway in Massachusetts and Illinois, we look forward to commencing construction of our Commerce, California facility before the end of the year. We are proving that our success in Washington can be replicated in every state in which we operate and are extremely confident in how the company is positioned as we enter this new season.” 

(Please see Note Regarding Non-IFRS Measures, Reconciliation, and Discussion below.) (*Please see the Financial Statement section below, and the Company’s First Quarter 2020 Unaudited Condensed Consolidated Financial Statements and Management Discussion and Analysis (“MD&A”), available under the Company’s SEDAR profile, for more information.)

Additional Details

As of the date of the MD&A, there were the equivalent of 506,379,437 Class A Subordinate Voting Shares outstanding when calculated as if all share classes were converted to Subordinate Voting Shares. For further details regarding 4Front’s share structure, please see its profile at www.thecse.com.

Conference Call

The Company will also host a conference call and webcast on Tuesday, July 14, 2020 at 5:00 p.m. EDT to review its operational and financial results and provide an update on current business trends.

To join the call, dial 1-877-407-0792 toll free from the United States or Canada or 1-201-689-8263 if dialing from outside those countries. The webcast, which will include a slide deck, can be accessed at this link.

The call will be available for replay until Tuesday, July 21, 2020. To access the telephone replay, dial 844-512-2921 toll free from the United States and Canada, or 1-412-317-6671 if dialing from outside those countries, and use this replay pin number: 13706966.

Financial Statements

The condensed consolidated interim financial statements for the three months ended March 31, 2020 and 2019, have been prepared in accordance with IAS 34 – Interim Financial Reporting. These statements have not been reviewed by an auditor.

Note Regarding Non-IFRS Measures, Reconciliation, and Discussion

In this press release, 4Front refers to certain non-IFRS financial measures such as Systemwide Pro Forma Revenue and Adjusted EBITDA. These measures do not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other issuers. 4Front defines Systemwide Pro Forma Revenue as total revenue plus revenue from entities with which the Company has a management contract, or effectively similar relationship (net of any management fee or effectively similar revenue) but does not consolidate the financial results of per IFRS 10 – Consolidated Financial Statements. 4Front considers this measure to be an appropriate indicator of the growth and scope of the business.

Adjusted EBITDA is defined by the Company as earnings before interest, taxes, depreciation and amortization less share-based compensation expense and one-time charges related to acquisition and financing related costs, excluding fair value adjustments for biological assets. 4Front considers these measures to be an important indicator of the financial strength and performance of our business. The following tables provide a reconciliation of each of the non-IFRS measures to its closest IFRS measure.

 About 4Front Ventures Corp.
4Front (CSE: FFNT) (OTCQX: FFNTF) is a national multi-state cannabis operator and retailer, with a market advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through 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 experience, 4Front’s team applies expertise across the entire cannabis value chain. For more information, visit 4Front’s website

4Front Investor Contacts
Andrew Thut, Chief Investment Officer
IR@4frontventures.com
602-633-3067

Phil Carlson / Elizabeth Barker
4FrontIR@kcsa.com
212-896-1233 / 212-896-1203

4Front Media Contacts
Anne Donohoe / Nick Opich
KCSA Strategic Communications
adonohoe@kcsa.com / nopich@kcsa.com
212-896-1265 / 212-896-1206

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

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

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward-looking statements.

Forward-looking statements may include, without limitation, statements related to future developments and the business and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations regarding the COVID-19 pandemic, future revenue or Adjusted EBITDA expectations, statements regarding when or if any contemplated or in-progress transactions will close or if/when required regulatory approvals are attained, and other statements regarding future developments of the business. The closing of the transactions described in this news release, including the divesture of Pennsylvania and Maryland assets and the sale of convertible debt, is subject to customary conditions and there can be no guarantee that such transactions will close.

Although 4Front Ventures has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under U.S. federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such information, except as required by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other company mentioned herein.

The post 4Front Announces First Quarter 2020 Results and Business Update appeared first on 4Front.

from 4Front https://ift.tt/30cBQYa

4Front Announces Fiscal First Quarter 2020 Earnings Date and Conference Call

PHOENIX, Ariz., July 13, 2020 – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company”) today announces it plans to issue its fiscal first quarter 2020 earnings press release on Tuesday, July 14, 2020, after U.S. markets close, commensurate with the filing of its unaudited financial results. 

The Company will also host a conference call and webcast on Tuesday, July 14, 2020, at 5:00 p.m. EDT to review its operational and financial results and provide an update on current business trends.

To join the call, dial 1-877-407-0792 toll free from the United States or Canada or 1-201-689-8263 if dialing from outside those countries. The webcast, which will include a slide deck, can be accessed at this link.

The call will be available for replay until Tuesday, July 21, 2020. To access the telephone replay, dial 844-512-2921 toll free from the United States and Canada, or 1-412-317-6671 if dialing from outside those countries, and use this replay pin number: 13706966.

To receive company updates and be added to the email distribution list please sign up here.

###

About 4Front Ventures Corp.

4Front (CSE: FFNT) (OTCQX: FFNTF) is a national multi-state cannabis operator and retailer, with a market advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through 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 experience, 4Front’s team applies expertise across the entire cannabis value chain. For more information, visit 4Front’s website www.4frontventures.com.

4Front Investor Contacts
Andrew Thut, Chief Investment Officer
IR@4frontventures.com
602-633-3067

Phil Carlson / Elizabeth Barker
4FrontIR@kcsa.com
212-896-1233 / 212-896-1203

4Front Media Contacts
Anne Donohoe / Nick Opich
KCSA Strategic Communications
adonohoe@kcsa.com / nopich@kcsa.com
212-896-1265 / 212-896-1206

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

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

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward-looking statements.

Forward-looking statements may include, without limitation, statements related to future developments and the business and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations regarding the COVID-19 pandemic, future revenue or Adjusted EBITDA expectations, statements regarding when or if any contemplated or in-progress transactions will close or if/when required regulatory approvals are attained, and other statements regarding future developments of the business.

Although 4Front Ventures has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under U.S. federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such information, except as required by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other company mentioned herein.

The post 4Front Announces Fiscal First Quarter 2020 Earnings Date and Conference Call appeared first on 4Front.

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How to Build a Low-Maintenance Home

Are you looking to build your forever home anytime soon? If you have the budget, follow these easy tips that will allow you to save more money in the long run.

Go for stainless steel or copper gutters
As a rule, gutters are not considered low maintenance, especially if the house is close to trees. Periodically, gutters must be cleared of leaves and other debris so that they can drain properly.

Generally, metal gutters made from thin stock don’t last as long as those made from the more expensive heavier-gauge material. Also, seamless gutters have fewer leaks than do segmented types. Source: ThisOldHouse

Get a metal roof
Metal roofing is one of the toughest, most maintenance-free roofing materials made. In addition to the traditional standing seam panels — the ones with ridges running from the peak to the eave — today’s metal roofing includes products that mimic slate, clay tiles, and wood shakes.

Metal roofing also is extremely fire-resistant — in a fire-prone area, having a metal roof may qualify you for a discount on homeowners insurance.

Why it’s low-maintenance: Most metal roofing comes with a 40- to 50-year warranty, and the replacement cycle is almost three times longer than that of three-tab asphalt shingles.

Look for baked-on enamel finishes with rust-proof undercoating that are warranted for the life of the product. The finish won’t crack or shed like asphalt, meaning you won’t be scooping those little granules out of the gutter every spring and fall. Source: HouseLogic

Choose composite over traditional wood
Traditional wood decking must be sealed annually, and even then it can splinter and warp. Composite lumber decking, on the other hand, combines wood particles and plastic to achieve the look of wood with far less maintenance. Impervious to insects, rot, mildew, and stains, this composite lumber requires only an occasional hose-down to keep it looking good—after which you can go right back to lounging on your deck. Source: BobVila

Good materials only make one part of the factors that contribute to a long-lasting home. Proper installation is another. So if you want to make sure that you don’t waste your investment, call us! We’ll take care of the process for you.

 

Contact:
Kerrisdale Roofing & Drains
8296 Ross St, Vancouver, BC V5X 4C6
(604) 360-2114

4Front Ventures and Massachusetts Cannabis Control Commission Reach Agreement

Settlement Clears Way for Company to Seek Final Adult-Use Licensure

PHOENIX, Ariz., July 9, 2020 – 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (“4Front” or the “Company“) announced that it has reached an agreement with the Massachusetts Cannabis Control Commission (CCC) to resolve all legacy regulatory issues related to its acquired Georgetown Mission facility.

“Once the Company understood the violations, we worked quickly to correct them and have implemented procedures to prevent them from happening again,” said Leo Gontmakher, CEO, 4Front Ventures. “We are happy to be through the process and appreciate the CCC’s diligence. Patients were protected and no one was harmed.”

Mr. Gontmakher continued, “We thank the Massachusetts Cannabis Control Commission for working together with us on resolving all outstanding issues. We have a common goal of putting the health and safety of Massachusetts patients first and we are excited to move forward to the final steps of the process to open for adult-use customers.”

To be added to the email distribution list, please email 4FrontIR@kcsa.com with “4Front” in the subject.

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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 advantage in mass-produced, low-cost quality branded cannabis products. 4Front manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Funky Monkey, Pebbles, and the Pure Ratios wellness collection, distributed through 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 experience, 4Front’s team applies expertise across the entire cannabis value chain. For more information, visit 4Front’s website www.4frontventures.com.

4Front Investor Contacts
Andrew Thut, Chief Investment Officer
IR@4frontventures.com
602-633-3067

Phil Carlson / Elizabeth Barker
4FrontIR@kcsa.com
212-896-1233 / 212-896-1203

4Front Media Contacts
Anne Donohoe / Nick Opich
KCSA Strategic Communications
adonohoe@kcsa.com / nopich@kcsa.com
212-896-1265 / 212-896-1206

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

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

Forward Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in 4Front Ventures’ periodic filings with securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward-looking statements.

Forward-looking statements may include, without limitation, statements related to future developments and the business and operations of 4Front Ventures, developments with respect to legislative developments in the United States, expectations regarding the COVID-19 pandemic, future revenue or Adjusted EBITDA expectations, statements regarding when or if any contemplated or in-progress transactions will close or if/when required regulatory approvals are attained, and other statements regarding future developments of the business. The closing of the transactions described in this news release, including the divesture of Pennsylvania and Maryland assets and the sale of convertible debt, is subject to customary conditions and there can be no guarantee that such transactions will close.

Although 4Front Ventures has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under U.S. federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.

There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. 4Front Ventures disclaims any intention or obligation to update or revise such information, except as required by applicable law, and 4Front Ventures does not assume any liability for disclosure relating to any other company mentioned herein.

The post 4Front Ventures and Massachusetts Cannabis Control Commission Reach Agreement appeared first on 4Front.

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