Exclusive: 4Front Ventures Teams Up With The Weldon Project To Push For Federal Cannabis Reform

Vertically-integrated cannabis company 4Front Ventures Corp. FFNT FFNTF is partnering with The Weldon Project, a non-profit dedicated to driving social change and furthering federal cannabis reform and supporting those incarcerated for nonviolent cannabis-related offenses.

Through this partnership, 4Front is joining the non-profit’s Mission [Green] Alliance, an industry-wide collaboration in support of the nationwide campaign Round-Up for Cannabis Reform. The program allows customers to round up their purchase to the nearest dollar at the point of sale at all Mission dispensaries to donate to The Weldon Project and Mission [Green]. Proceeds will go toward advocacy efforts for legislative reform at the federal level, including congressional outreach initiatives.

The Weldon Project was founded by leading criminal justice reform advocate Weldon Angelos, a featured speaker at the upcoming Benzinga Cannabis Capital Conference who served 13 years for a low-level, non-violent cannabis-related offense.

Since its founding, the non-profit has launched several instrumental advocacy campaigns for federal reform and cannabis clemency, as well as provided financial relief and support services, such as legal counsel and re-entry programs for those impacted by cannabis prohibition.

Earlier this year, Angelos and The Weldon Project’s advocacy efforts were influential in the compassionate release of Luke Scarmazzo, who served 14 years of a 22-year sentence for lawfully operating a medical cannabis dispensary.

“We are proud to partner with The Weldon Project and Mission [Green] to advance their incredibly important initiative to support those who have been unjustly affected by the War on Drugs,” stated Leo Gontmakher, CEO of 4Front. “As an operator, it is our responsibility to do everything in our power to back organizations that challenge outdated systems and beliefs that have impacted the lives of so many Americans. The first and arguably the most important step to driving meaningful change in our industry is empowering those who have suffered at the hands of our criminal justice system while others have benefitted.”

Price Action

4Front Ventures closed Monday market session flat at $0.2350 per share.

Benzinga Cannabis Capital Conference

The Benzinga Cannabis Capital Conference is happening in Chicago this week, on Sept 27-28. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis culture, politics, investment and branding.

Related Links:

4Front Ventures Announces Update To Senior Management Team

4Front Ventures' Second Quarter Revenue Increases 1.15% YoY, Here Are The Details

Photo: Courtesy of Avery Meeker via Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsPenny StocksPoliticsExclusivesMarketsGeneralCannabis Capital Conferencefederal refromLeo GontmakherLuke ScaramazzoMission Green AlliancepremiumThe Weldon ProjectWeldone Angelos
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Top Cannabis Event In New Jersey

Join the Benzinga Cannabis Market Spotlight in New Jersey on June 17th! Grow your business, raise money and capitalize on the booming NJ recreational market. Don’t miss this must-attend event in New Brunswick. Secure your tickets now. Very few spots are left. Use the code "JAVIER20" for 20% off!


Loading...