4Front Holdings, LLC, an investment and management firm in the cannabis industry, raised approximately $6m in convertible note funding.
The company intends to use the funds to continue to support the build-out of its partners’ multi-state operations presence.
Led by Kris Krane, president and co-founder, 4Front secures, supports, and manages operating licenses in state-legal medical cannabis markets. In addition to supporting its client partners, the firm manages medical cannabis dispensaries under the Mission brand and is developing innovative, full-spectrum medical cannabis products.
4Front is currently working hand-in-hand with local partners to build out Mission-branded medical cannabis operations in Maryland, Illinois, Pennsylvania, and Massachusetts. 4Front supported the opening of the first Mission dispensary last summer in Chicago.