Cannabis firm 4Front raises $22M via license sales, new debt

MJBizDaily
By Jeff SmithMay 4, 2020, 1:37 pm205 pts
Multistate marijuana operator 4Front Ventures said it netted $18 million from the sale of its stake in cannabis retail licenses in Pennsylvania and Maryland, and raised an additional $4 million through a private placement of convertible debt. The Arizona-based company said in a news release it expects the…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Shea Coakley & Jarrod Jordan: How THC Beverages are Redefining Social Drinking 79

Federal Judge Gives Florida Marijuana Legalization Campaign A Win Over State’s Ballot Initiative Restriction Law 74

Alpenglow Cannabis Village Lights Up Bozeman, Montana 64

Freedom Cannabis Successfully Exits CCAA; KPMG certifies closing of Freedom Group sale 43

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.