4Front Ventures Corp. (FFNTF) Q2 2023 Earnings Call Transcript

4Front Ventures Corp. (OTCQX:FFNTF) Q2 2023 Earnings Conference Call August 15, 2023 5:00 PM ET

Company Participants

Leo Gontmakher – Chief Executive Officer

Andrew Thut – Chief Investment Officer

Karl Chowscano – Consulting President

Ray Landgraf – President, California Operations

Brian Ehmke – Director of Finance

Conference Call Participants

Neal Gilmer – Haywood Securities

Yewon Kang – Canaccord Genuity


Good afternoon and welcome to the 4Front Ventures Second Quarter 2023 Earnings Conference Call. Today’s call is being recorded. At this time, all lines have been placed on mute to prevent any background noise. After the prepared remarks, there will be question-and-answer session. As a reminder, during the course of this conference call, 4Front’s management may make forward-looking statements that are based on current expectations and are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. These results are outlined in the Risk Factors section of the company’s filings and disclosure materials. Any forward-looking statements should be considered in light of these factors. Please note that the Safe Harbor, any outlook presented speaks as of today, and 4Front management does not undertake any obligation to revise any forward-looking statements in the future.

I will now turn the call over to Leo Gontmakher, Chief Executive Officer of 4Front Ventures. Please go ahead.

Leo Gontmakher

Thank you, operator. Good afternoon, everyone, and thank you for joining us today. I’m joined on today’s call by our Chief Investment Officer, Andrew Thut; Consulting President, Karl Chowscano; Interim Chief Financial Officer, Nicole Frederick; President of California Operations, Ray Landgraf; President of Illinois and Massachusetts Operations, Brandon Mills; and our Director of Finance, Brian Ehmke.

On today’s call, I will provide an overview of our second quarter highlights. I will then hand the call over to Andrew, who will expand

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