Hedgeye CEO Keith McCullough is adding 4Front Ventures (FFNTF) to the long side of Investing Ideas. Below is a brief note.
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Consumables analyst Howard Penney was happy with what he heard from 4Front (FFNTF) yesterday. Here's an excerpt from his Consumables Pro research on why:
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Takeaway: The company indicated that Guidance has an upward bias in 2H21 FFNTF is a LONG We continue to believe that FFNTF will be one of the better performing small-cap companies in the emerging massive secular growth cannabis industry. At 4Front, you get a combination of low-cost production and distribution in limited license states and mature states too. The company has honed its trade over the past six years in Washington State. It has established a dominant market position in Washington State, with a full line of products distributed to over 260 retail locations. |
KM