4Front Initiates Bankruptcy and Insolvency Act Proceedings in Canada

*PHOENIX* – 4Front Ventures Corp., a vertically integrated cannabis
operator, has made an assignment into bankruptcy pursuant to the Canadian
Bankruptcy and Insolvency Act.

The company filed for receivership in aid of liquidation in the United
States in May. The Company intends to continue operating during the
receivership process and hopes the process will generate value for
stakeholders through the sale of assets in one or more transactions.

B. Riley Farber has been appointed as the trustee in the Canadian
Bankruptcy Proceedings.
About 4Front Ventures Corp.

4Front is a national, vertically integrated multi-state cannabis operator
with operations in Illinois and Massachusetts and facilities in Washington.
To date, 4Front has brought to market more than 20 different cannabis
brands and over 1,800 products, which are strategically distributed through
its fully owned and operated Mission dispensaries and retail outlets in its
core markets.