PHOENIX, May 23, 2025 /CNW/ - 4Front Ventures Corp. ("4Front" or the "Company") (CSE: FFNT; OTCQB: FFNTF), a vertically integrated cannabis operator, announces that all its United States subsidiaries filed for a voluntary receivership in aid of liquidation under the laws of the Commonwealth of Massachusetts on May 22, 2025. The Company anticipates that its subsidiaries will be placed into receivership in the Superior Court for Suffolk County, Business Litigation Division. The Company intends to continue operating during the receivership process and hopes the process will generate value for stakeholders through the sale of assets of its subsidiaries in one or more transactions.
Read more at newswire.caThis article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
/Cisco%20Systems%2C%20Inc_%20magnified%20logo-by%20Pavel%20Kapysh%20via%20Shutterstock.jpg)
/NVIDIA%20Corp%20logo%20on%20phone%20and%20AI%20chip-by%20Below%20the%20Sky%20via%20Shutterstock.jpg)