4Front Ventures Announces Board Changes and Audit Delay

Tip Ranks
2025.04.04 10:30
portai
I'm PortAI, I can summarize articles.

4Front Ventures Corp. announced significant changes to its Board of Directors, including the resignation of three members to improve governance and avoid conflicts of interest. The company also delayed its 2024 audited financial statements due to ongoing financing and restructuring, with a filing expected within sixty days. Additionally, restricted stock units were issued to four directors as compensation for their service from May 2024 to February 2025. 4Front Ventures operates in the cannabis industry across multiple states, known for its efficient cultivation and production methods.