4Front Ventures (TSE:FFNT) has released an update.
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4Front Ventures Corp., a multi-state cannabis operator, is working with Canaccord Genuity to improve its financial structure through refinancing and raising new capital, aiming to boost shareholder value and cash flow. The company also amended its credit facility, securing an additional $850,000 with potential access to $1.75 million more, and will issue new restricted stock units to further align interests with its capital partners.
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