4Front Ventures (TSE:FFNT) has released an update.
4Front Ventures Corp., a multi-state cannabis operator, has retracted its previously announced brokered offering due to current market conditions and federal regulatory uncertainties. Additionally, the company has appointed Kris Krane as the new Chair of the Board, leveraging his extensive experience in the cannabis industry to drive growth, particularly in Illinois. The outgoing Board Chair, Robert Hunt, is stepping down without any reported disagreements with the company’s practices or policies.
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