4Front Ventures

Designed for longterm success across the United States.

This 4Front Ventures profile is part of a paid investor education campaign.*


4Front Ventures Corp. (CSE:FFNT,OTC:FFNTF) is a cannabis company designed for long-term success in the United States. The company intends to build upon its proven operations in Washington state through experienced leadership, a strategic asset base and a commitment to operational excellence.

4Front Ventures has established cannabis cultivation, production, manufacturing and retail operations across the United States, including six cultivation and manufacturing facilities in Washington, Illinois and Massachusetts. The company also has licenses in place enabling it to develop manufacturing facilities in both Arizona and California.

4Front Ventures first established its cannabis operations in Washington state, including a full line of branded products. The company owns the #1 edibles manufacturer and the #2 producer of flower in the state, resulting in the second-largest market share in Washington. In May 2020, 4Front Ventures announced its financial results for 2019 and Q1 2020, reporting systemwide pro forma sales of $63.5 million in 2019. The $23.8 million generated by 4Front Ventures in Q1 2020 represents a 36 percent increase over the previous quarter’s totals.

4Front Ventures first established its Washington cultivation and production operations in 2012. Over the next several years, 4Front Ventures has worked to establish state-leading operations at scale in one of the most competitive cannabis markets in the world. 4Front Ventures’ proven operational capabilities in Washington state have provided the company with a business model that it feels can be replicated in similar US cannabis markets. Moving forward, 4Front Ventures aims to replicate its business model in Washington state in emerging US cannabis markets such as Illinois, Massachusetts, California and Michigan.

Collectively 4Front Ventures has established over 60,000 square feet of cannabis cultivation space across its Elma and Tumwater operations in Washington. The company’s 40,000 square foot Tumwater production and packaging facility has captured a leading market share across the Washington edibles industry and the second-largest share of Washington’s dried cannabis market.

4Front Ventures products


4Front Ventures oversees cultivation, production, manufacturing and retail operations across the United States. The company currently operates six cultivation and manufacturing facilities in Washington, Illinois and Massachusetts, with licenses in place to develop product manufacturing facilities in Arizona and California. 4Front Ventures also operates a 94,000-square-foot cultivation and manufacturing facility in Elk Grove Village, Illinois and is currently building a 190,000-square-foot manufacturing facility in Commerce City, California.

4Front’s wellness division in California currently sells CBD products online throughout the US with a full line of CBD and THC wellness products available through retail stores. The wellness division also offers an overnight cannabis delivery service, with a network that covers approximately 93 percent of California’s operations.

4front opened its second Mission Dispensary in December 2020 in Calumet City, Illinois. The 3,000 square foot facility is the closest dispensary to the Indiana state line.

mission dispensary in calumet

Leo Gontmakher, the architect of 4Front Ventures’ initial success in Washington state, was promoted to CEO of the company in March 2020 and is expected to lead 4Front Ventures forward based on the company’s Washington model. In addition to his experience with 4Front, Gontmakher co-founded Northwest Cannabis Solutions, a Washington State cannabis company that grew to become one of the largest producers of cannabis products in the state. Moving forward, Gontmakher intends to drive cash flow by focusing on the performance of the company’s main operations. “4Front’s core assets are in adult-use markets and afford us the opportunity to meaningfully expand our cultivation and manufacturing capabilities, most notably in Illinois, Massachusetts and California in the future,” said Gontmakher. “This focus allows us to allocate capital to core businesses that can achieve significant, near-term cash flow.”

4Front Ventures Company Highlights

  • Proven cannabis cultivation, production and packaging business model established in Washington state, with supporting distribution channels 
  • 4Front owns or operates five cultivation facilities across three states: Illinois, Massachusetts, and Washington.
  • Generated $23.8 in systemwide pro forma sales in Q1 2020, an increase of 36 percent over the previous quarter 
  • 4Front production division owns over 20 brands across more than 300 SKUs, which are distributed to over 60 percent of Washington’s cannabis retailers.
  • Facility in Tumwater, Washington manufactures more than 100,000 extract cartridges, 200,000 edible packs, and 200,000 pre-rolls per month.
  • Wellness brand Pure Ratios offer an award-winning 96-hour pain relief patch, the first and only pain management product of its kind
  • Pure Ratio topical delivery products are offered in both CBD and THC formulations
  • Expanding its product lines across the United States, including top-sellers in Washington state such as the company’s infused Terp Stix
  • Regulatory expertise stems from its initial advisory and licensing business. The company’s regulatory team has helped its clients secure more than 60 operating licenses across several states.
  • CEO Leo Gontmakher was instrumental in 4Front Ventures’ early growth in Washington, is expected to lead the company’s expansion across the US

4Front Ventures’ Washington Operations

4Front Ventures has tested, developed and optimized its operations in Washington state, including over 60,000 square feet of collective canopy space and 40,000 square feet of production and packaging space at its Tumwater facility.

4Front Ventures elma cultivation facility

The company’s flagship operations in Washington state have established significant market share in the state, including the most popular edibles brand in Washington and the second-most popular dried cannabis brand. Leo Gontmakher, who was instrumental in the development of 4Front Ventures’ Washington state operations, was recently named CEO of the company in order to help expand on the company’s vision in new states. Gontmakher has extensive experience in Washington state, where he also co-founded Northwest Cannabis Solutions, one of the largest and most successful producers of cannabis products in Washington State.

Based on initial success in Washington state, 4Front Ventures has begun introducing its branded products into new markets, beginning with Massachusetts. The company intends to expand its product offerings across the United States as it continues to improve its packaging and distribution capabilities.

4Front Ventures’ Massachusetts Operations

In August 2019 4Front Ventures established its cannabis production division, which took control of previous Cannex assets across the United States, including cultivation and production operations at 4Front Ventures’ Worcester facility in Massachusetts.

4Front Ventures now operates two facilities in Massachusetts. The company’s 67,000-square-foot Georgetown facility and 21,700-square-foot Worchester facility both house cultivation and manufacturing space capable of driving 4Front’s future operations. Based on its initial success in Washington state, 4Front Ventures’ premium infused Washington flower product Terp Stix has been introduced into the Massachusetts marketplace.

4Front Ventures’ Illinois Operations

4Front Ventures has secured one of the 19 “Tier 1” production licenses available in the state of Illinois, allowing for 220,000 square feet of canopy space. Moving forward, 4Front Ventures intends to follow its proven Washington development model in order to advance its Illinois operations. Washington VP of Operations Joe Epperson has been relocated to Illinois to oversee this phase of development.

4Front Ventures is currently working to upgrade its Illinois facility with the goal of increasing its canopy capacity from 3,168 square feet to 9,072 square feet. The company intends to complete the fully-funded upgrade work by Q4 2020.

4Front Ventures has established two retail operations in the state of Illinois, Mission South Chicago and the Calumet City store. The company’s newest store in Calumet City is fully-funded and expected to be operational by early 2021.

4Front Ventures’ Wellness Division: Pure Ratios

Founded by two natural health practitioners with over 45 years of combined hands-on experience, 4Front Ventures’ wellness division Pure Ratios is rooted in science, technology and holistic medicine. The company has developed proprietary formulations that were created by long-time practitioners of eastern medicine.

Pure Ratios are the creators of the award-winning 96-hour pain relief patch, the first and only pain management product of its kind, the Pure Ratio patches utilize topical delivery of CBD and THC. Through this method, the CBD or THC bypasses the digestive process for the undiluted absorption of cannabinoids directly into the bloodstream.

In addition to its pain patch, Pure Ratios offers a variety of topical products including hemp extract balms, oils and salves. The company also offers a line of herbal capsules that come in a variety of formulations including BOOST, MOVE, THINK and CALM.

4Front Ventures’ Retail Operations

Through its subsidiary Mission Retail, 4Front Ventures has developed an extensive retail presence in several states across the US. Mission’s aim is to support the company’s retail, existing cultivation and manufacturing operations throughout the United States. Moving forward, Mission intends to expand its retail presence in core markets with the goal of securing further distribution for 4Front’s products.

4Front Ventures' Retail Operations


Through the company’s retail arm, 4Front Ventures has established exposure and distribution across the United States, including dispensaries in Massachusetts, Illinois, and Michigan.

4Front Ventures’ Management Team

Leo Gontmakher – Chief Executive Officer

Leo co-founded Northwest Cannabis Solutions, which under his leadership grew to be one of the largest and most successful producers of cannabis products in Washington state. He also served as Chief Operating Officer at Cannex, which merged with 4Front in July 2019. Leo has significant experience in cannabis facility design, construction management, equipment sourcing, operations, branding, sales and marketing strategy, and software solutions. Before entering the cannabis industry, he served on the senior management team at North America’s largest processor and distributor of specialized seafood products. Upon completion of the Transaction, Mr. Gontmakher will also serve as COO of the Resulting Issuer.

Kris Krane – President

Having founded 4Front Advisors in 2011, Kris now serves as president of 4Front. Prior to forming 4Front, Kris served as director of client services for CannBe, a pioneer in developing best practices within the medical cannabis industry. Kris has dedicated his career to reforming the nation’s misguided drug policies, having previously served as associate director of NORML (2000-2005) and executive director of Students for Sensible Drug Policy (2006-2009). He currently serves on the National Cannabis Industry Association board of directors and pens a column about the cannabis industry for Forbes. Kris’ pioneering roots in cannabis advocacy and policy provides a deep understanding of the evolving regulatory environment, which often provides 4Front a head start on seeing and evaluating opportunities.

Andrew Thut – Chief Investment Officer

Andrew was an early investor in 4Front, joining the company full time in 2014. He brings to the team a wealth of financial management experience and business acumen having previously served as managing director of the BlackRock Small Cap Growth Fund at BlackRock Advisors LLC. During his 11-year involvement, the $2 billion fund ranked in the top five percent of all domestic small-cap growth funds. He also had past experiences at MFS Investment Management and BT Alex Brown. Since joining 4Front, he has immersed himself in every facet of the cannabis industry, from the relevant financial drivers of the industry to hands-on experience with dispensaries and cultivation facilities.

Nicolle Dorsey – Chief Financial Officer

Prior to joining 4Front, Nicolle served as Principal Accounting Officer and Controller at RGS Energy, a publicly-traded solar energy company. Her accounting background includes serving as both assistant controller and senior corporate accountant for several public and private companies in various utility and energy industries. Ms. Dorsey has extensive knowledge of technical accounting, financial forecasting, financial analysis, and business operations. She also worked for Cloud Peak Energy, a publicly held coal-producing company, as a senior accountant, and she is a licensed certified public accountant and has a BBA degree in accounting and a Master of Accountancy from the University of Wisconsin.

Josh Rosen – Executive Chairman

Josh provided seed capital to Kris Krane to form 4Front Advisors in 2011 and joined as a full-time team member in 2014 when 4Front began to explore opportunities beyond consulting. Previously, he spent 13 years as an equity analyst and portfolio manager in the financial services industry, during which time he became one of the youngest vice presidents in Credit Suisse’s history. Josh moved into private equity in 2008 because he wanted to have a more meaningful impact on companies.

David Daily – Director

David is the CEO of Gravitron, LLC which he founded in 2004. Commonly known as Grav.com or Grav, its original invention was the first all-glass gravity bong, the Gravitron, which was an instant success and has become a cult classic. Since the Gravitron, Mr. Daily has designed or led the Grav design team to bring over 500 unique top-line products to the cannabis market. In 2018, Grav was named in the 50 best companies to work for in cannabis by MG magazine.

Eric Rey – Board Chair and Director

Eric is a director and consultant to Arcadia Biosciences, Inc. where he previously served as President and CEO and which he founded in 2003. Mr. Rey has managed agricultural research, product development, and commercial programs for more than 21 years. Prior to Arcadia, he was a partner at the Rockridge Group, a consulting firm focused on agricultural biotechnology, and was formerly Vice President of Operations for Calgene Oils, a Division of the Monsanto Company. Mr. Rey is a director of Phytelligence, Inc. and Texas Crop Science LLC and holds a B.S. in Plant Science from the University of California at Davis.

*Disclaimer: This profile is sponsored by 4Front Ventures (CSE:FFNT; OTCQX:CNXXF). This profile provides information which was sourced by the Investing News Network (INN) and approved by 4Front Ventures, in order to help investors learn more about the company. 4Front Ventures is a client of INN. The company’s campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services, or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with 4Front Ventures and seek advice from a qualified investment advisor.