4Front Ventures Corp. (CSE:FFNT) (OTCQX:FFNTF) reported its financial results Wednesday for the quarter ended June 30, 2024. The Arizona-headquartered multi-state operator disclosed revenue of $18.7 million, compared to $27.2 million in the corresponding quarter of the previous year and $18.8 in the previous quarter.

For the second quarter, its Illinois facility reported total revenue of $8.2 million, slightly down from $8.5 million in Q1. This decrease was primarily influenced by heightened competition and inconsistent in-store traffic. At the same time, wholesale revenue in Illinois improved 10%. Meanwhile, Massachusetts showed a positive trend, with total revenue increasing to $8.2 million in Q2 from $8.04 million in Q1. This growth was...