PHOENIX - 4Front Ventures Corp., a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the fourth quarter and full year ended December 31, 2023. All financial information is presented in U.S. dollars unless otherwise indicated. Q4 2023 Highlights GAAP revenue from continuing operations of $ 21.0 million Adjusted EBITDA (non-GAAP) of $ 2.5 million FY 2023 Highlights GAAP revenue from continuing operations...

With federal legalization nowhere in sight and legislative reforms unlikely this year, companies looking for investment in 2024 are in a more precarious position than ever as multistate operators and other competitors size them up for mergers and acquisitions (M&A). Interest rates shot through the roof and inflation worries spooked investors in 2023, so investment capital dried up and an...

DENVER - Vangst, a cannabis industry hiring platform, has acquired CannabizTemp, the temporary staffing division of CannabizTeam. The acquisition was 50% cash, 50% stock, and is the first acquisition in the cannabis HR space. Vangst launched Vangst GIGS, an on-demand hiring platform, in 2018 to address the cannabis industry's variable labor and hiring needs. Since launching Vangst GIGS in 2018,...

Humans have a complicated relationship with convenience. We’re forever chasing shortcuts and quick fixes, implementing them wherever we can to move faster and accomplish more. Perhaps that’s why some minimally designed dispensaries find success: Their interiors don’t attract attention or intentionally engage consumers, providing little distraction from the products on display. However, streamlined shops, while great for in-and-out shoppers,...

NEW YORK – A recent national survey revealed a significant majority of Americans over the age of twenty-one support the legalization of cannabis cultivation at home, highlighting the disparity between current legislative policies and public opinion on the matter. Conducted by The Harris Poll on behalf of Royal Queen Seeds, a global cannabis seed bank, the study found 59 percent...

SACRAMENTO, Calif. -- 420 Property, an online marketplace for cannabis real estate and business listings, is proud to introduce Cannabis MLS. This new platform is strategically designed to complement 420 Property's current offerings, significantly enhancing the reach and exposure of listings to better serve individuals and businesses involved in the cannabis industry. Cannabis MLS  operates as a Multiple Listing Service (MLS),...

Cannabis founders often know the plant and how to sell it like no one else. But that passion doesn’t always translate into expertise in all the finer points of running a fully compliant and lawfully strategic business.  The smartest thing operators can do to protect their business investment long-term is to head off vulnerabilities from the start. The last thing...

SEATTLE -- Shield Compliance, a leading compliance platform for cannabis banking, announced new organizational changes and promotions to strengthen its position in the evolving cannabis market and better support financial institutions serving licensed cannabis operators. Jenna Meyer was promoted to Chief Operating Officer. In her role leading the Client Success team, Jenna has been instrumental in deepening Shield's client relationships while guiding...

NEW YORK — As the United States enters the height of election season, a new national survey shows that legislative cannabis policy diverges from public sentiment when it comes to the reported emotional health, safety and economic benefits of allowing home cannabis cultivation. The 2024 survey of Americans 21 and older conducted online by The Harris Poll on behalf of Royal...

LOS ANGELES – In a groundbreaking move for the Los Angeles cannabis scene, rap mogul, actor, and entrepreneur Xzibit has launched the first and only cannabis dispensary in the upscale neighborhood of Bel Air, California, underlining a significant cultural shift in one of the city's most exclusive enclaves. Xzibit's West Coast Cannabis (XWCC), nestled at 641 North Sepulveda Blvd.,...