Date of Report (Date of earliest event reported): November 23, 2022
4FRONT VENTURES CORP.
(Exact name of registrant as specified in its charter)
British Columbia
000-56075
83-4168417
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
5060 N. 40th Street, Suite 120
Phoenix, Arizona85018
(Address of principal executive offices including zip code)
(602) 633-3067
(Registrant's telephone number including area code)
Check the appropriate box below if the Form 8-Kfiling is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencementcommunications pursuant to Rule 14d-2(b)under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencementcommunications pursuant to Rule 13e-4(c)under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Class A Subordinate Voting Shares, no par value
FFNTF
OTCQX
FFNT
CSE
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2of the Securities Exchange Act of 1934 (§240.12b-2of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 23, 2022, Kathi Lentzsch, a member of the Board of Directors of 4Front Ventures Corp. (the "Company") and the Chair of the Company's Compensation Committee, announced her intention to resign from the Board effective November 30, 2022. Ms. Lentzsch's resignation was not in connection with any known disagreement with the Company on any matter relating to its operations, policies, or practices. The Company will seek a replacement to fill Ms. Lentzsch's seat on the Board. Effective with Ms. Lentzsch's resignation, current Board Chair Robert Hunt will join the Compensation Committee, and current Board and Compensation Committee member David Daily will become Chair of the Compensation Committee.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
4Front Ventures Corp. published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 02:56:30 UTC.
4Front Ventures Corp. is a multi-state cannabis operator and retailer. The Company owns or manages licensed cannabis facilities in state-licensed markets in the United States. It manufactures and distributes a portfolio of over 25 cannabis brands including Marmas, Crystal Clear, Island, Verdure, and the Pure Ratios wellness collection, which is distributed through retail outlets, as well as the Companyâs chain of branded dispensaries. The Company's segments include THC Cannabis and CBD Wellness. The THC Cannabis segment is engaged in cultivation, production, manufacturing, and distribution of THC cannabis products to owned dispensaries and third-party retailers, ancillary services supporting wholesale operations, and retail sales direct to end consumers. It also leases real estate and sells equipment, supplies, and intellectual property to cannabis producers in the state of Washington. The Companyâs CBD Wellness segment sells non-THC hemp derived products across the United States.