Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada 

MJ BIZ Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country’s Bankruptcy and Insolvency Act. The move comes less than a month after the company’s subsidiaries filed for voluntary receivership in Massachusetts, according to a 4Front news release. 4Front filed for receivership in response to substantial balance-sheet liabilities and a shortage of […]