4Front Ventures Reports Third Quarter 2024 Results
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4Front Ventures Corp. reported Q3 2024 results with $17.1 million in revenue and $1.0 million in adjusted EBITDA. The company is nearing full operational capacity at its Matteson facility in Illinois, which is expected to drive growth. Massachusetts wholesale saw over 56% growth, and Washington facilities returned to revenue highs.
November 14, 2024 | 9:15 pm
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4Front Ventures reported strong Q3 2024 results with significant revenue growth and operational advancements. The Matteson facility in Illinois is nearing full capacity, which is expected to enhance production and meet market demand. Massachusetts and Washington operations also showed robust performance.
The reported revenue and EBITDA indicate strong financial performance. The nearing full capacity of the Matteson facility suggests potential for increased production and revenue growth, particularly in Illinois. The significant growth in Massachusetts and revenue highs in Washington further support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100