4Front Ventures disclosed issuing $3.33 million worth of equity


XDATA – December 31st 2015
4Front Ventures reported closing its $3.33 million private placement a little over a week ago. All the unregistered equity securities issued were acquired by one investor. Two previous unregistered financing rounds raised an estimated $12 million.
The company is an advisor, investor and publisher focusing on the emerging state-legal marijuana industry. Through its subsidiaries, 4Front Advisors, 4Front Publishing and 4Front Capital, the company provides an end-to-end solution to professionalize the marijuana industry through impactful collaboration and the promotion of best practice and informed insight.
Joshua N Rosen (President) leads the Phoenix AZ based company which was registered in 2014. 4Front Ventures elected to keep its revenues undisclosed.
The executive team includes Andrew Thut and Trevor Pratte.The company has raised an estimated total of $15.33 million via private unregistered security offerings.
Offering recap
Status: Completed
Company: 4Front Ventures
Industry: Business Services
Amount offered: $3.33 million
Amount placed: $3.33 million
SEC filing: Source
First sale: 12-22-2015
Data as of: 12-31-2015
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